A crucial part of running a company is keeping track of payroll and tax information. In fact, failing to do so in an appropriate manner can lead to hefty fines. Studies show that 34% of businesses who use the U.S. depository system manage these services poorly and suffer from severe penalties. That’s over a third of those businesses!
Luckily, you don’t have to be an expert in financial regulations and payroll routines in order to run a successful business. Paymaster Payroll Services can step in and take care of several crucial services for you. Here, we’ll break down just what we do and how your company can benefit.
Timekeeping
Paymaster Payroll Services can take over the duties of tracking your employees’ hours, freeing you up to focus on the heart of your business. Things like holiday time, PTO, sick days, and overtime no longer need to cause you a headache. We have more than 30 years of experience keeping track of work hours for businesses just like yours across North Carolina and beyond.
Workers’ Compensation
Insurance law can be a hassle to navigate, but we can handle that for you. Depending on your exact business type, it’s likely that you are required to supply your full-time workers with workers’ compensation insurance. With our pay-as-you-go system powered by AP IntegroInsurance Group, we base premiums on your actual payroll and the entire system is simple and clean.
Employee Background Checks
Part of ensuring that your business runs smoothly and efficiently is making sure you have the right staff. At Paymaster, we partner with National Crime Search to provide an affordable background check solution. Verifying your employees’ prior history is a crucial step in the hiring process. Any potential red flags, compliance issues, or regulatory matters are best resolved before the employee has even started working. With NCS, we can perform both in-state and multi-state searches.
Contact Paymaster Today
If you’re tired of stressing over payroll matters, tortuous regulations and laws, and paperwork, we have the solutions you need. Get in touch with a Paymaster representative today to learn more about how we can start helping your business run more smoothly. Together, we can take your business to the next level.
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