The Value of Outsourcing Payroll - HKP

1
The Value of Outsourcing Payroll
HKP Your workforce solution
2
Key values of outsourcing payroll

• Save time and energy for your HR staff
• Protect yourself with employment and tax laws
• Offer more opportunities for engagement to your
  employees
• Secure your internal payroll knowledge

3
Save time and energy

• Outsourcing your payroll allows you to delegate
  tasks off your plate such as
• Gathering wage info
• Reviewing time sheets
• Calculating gross pay
• Determining filing statuses
• Calculating taxes
• Deducting other pay items

4
Save time and energy

• When youre spread too thin, outsourcing payroll
  helps you regain control and refocus on adding
  value to your business.

5
Protect yourself

• Employers are responsible for
• Employment tax
• Affordable Care Act compliance
• Annual 941s, W-2s and 1099s
• just to name a few

6
Protect yourself

• Third-party providers like HKP use their
  professional knowledge to help ensure compliance,
  reducing employers exposure to penalties.

7
Offer more

• Small employers can feel too overwhelmed to offer
  additional programs like
• Health insurance plans
• 401(k) plans
• Direct deposit
• and more potential benefits

8
Offer more

• Employers who outsource payroll eliminate the
  administrative burden it takes to manage benefit
  programs by
• Managing open enrollment
• Making benefit deductions
• Handling direct deposit
• allowing you to offer more

9
Secure your internal knowledge

• Businesses with limited staff or one employee
  processing payroll risk a lot if that employee
  leaves the company.

10
Secure your internal knowledge

• Outsourcing payroll allows employers to protect
  their payroll knowledge and gain access to a team
  of continuously available professionals.

11
Partner with HKP

• For payroll outsourcing, partnering with HKP
  provides
• Cloud-based, single sign-on human capital
  management (HCM) software with customizable
  reporting
• Ability to integrate benefit programs
• Knowledge bank of employeeinformation
• Dedicated payroll customer service

12
Experience the benefits of outsourcing payroll

• Contact HKP - Your Workforce Solution

• 888-556-0123
• info_at_hkpayroll.com
• www.hkpayroll.com