Choosing Value-Added Payroll & HR Services for Your Small Business

Payroll and HR services can be invaluable for helping small businesses tackle some of the most complex challenges they face.

Although these services can be highly cost-effective, especially as compared to hiring your own employees, you can derive even greater benefit if you choose to outsource your payroll and human resources services to a company that offers other value-added options.

Professional employee organizations – commonly known as PEOs – provide HR services to small business owners that go above and beyond basic payroll and human resources functions.

Payroll and HR services for small businesses

The Value of Outsourced Payroll & HR Services

For any business with employees, the payroll and HR functions add a substantial layer of complexity and risk. For small businesses, this risk can increase significantly.

Unless your business is large enough to justify hiring a full-time human resources administrator, you are likely either handling payroll and HR yourself or handing it off to another member of your team. Unless you have an in-depth understanding of tax and employment laws, regulatory and compliance requirements, etc., the process can eat up hours of time each week. And, on top of the time, you risk making mistakes that could place you at legal risk.

Outsourcing these functions to an expert will ultimately cost you less money – after all, how much is your time worth? – and reduce your liability. You will have the peace-of-mind that comes with knowing deductions are correct, tax payments are getting made properly and your company is compliant with all requirements.

Adding Value to Your Payroll & HR Services

If you choose to work with a PEO, you will derive all the benefits described above. But you will also enjoy many other advantages that you might not otherwise have.

As a part of the PEO experience, your payroll administrator will also handle critical tasks such as workers’ compensation administration, immigration compliance and employee benefits administration.

In fact, employee benefits are one of the most valuable services provided by PEO firms. Because PEOs work with multiple companies, they have the ability to offer high-quality healthcare plans and related benefits at a much more affordable rate than you could otherwise obtain.

Imagine being a small company that offers its employees the type of benefits they could only access through a large, corporate employer – for about the same price as the large firm. This helps you attract and retain the right employees to help your business grow and thrive.

Choosing a Payroll & HR Services Firm

You anticipate growing your small business over the coming years and, for that reason, it’s important to select a human resources and payroll outsourcing firm that will facilitate that growth.

WTA, Inc., a PEO firm serving businesses in Salt Lake City and throughout Utah, offers a full range of HR and payroll services. We also offer all the value-added services you need to grow your company, including business insurance, risk management, recruitment and hiring, regulatory compliance and employee benefits administration. Contact us today and let us show you how your business will benefit from using our payroll and HR services.