Hiring full or part-time, permanent employees isn’t the only way to go about filling an open position. It may be the most common – put up an ad, conduct interviews, make an offer – but there is another way to hire that many businesses choose to use: Temporary, Staffing Agencies.
Contributed by Gina Smith.
Businesses are discovering the many benefits of outsourcing. Often, companies can save thousands of dollars by hiring independent contractors versus full time employees. Contractors perform various functions including information technology, accounting, human resources, marketing and customer service. Outsourced staff can also offer a fresh and objective perspective about your company, products and services. But how do you monitor quality of contractors?
In the news today was a funny yet disturbing story about a top notch employee who outsourced his own work to China.
The employee himself made a couple of hundred thousand dollars working as a software developer, but he wasn’t actually the one doing the work. He paid a firm in China $50,000/year to do it all for him. While his Chinese counterpart was working, the American employee surfed the web.
Timesheets.com directly serves thousands of small businesses across the country but it also serves agencies who need to provide their own clients with a timeclock solution.
Payroll companies, Human Resources outsourcing firms, and staffing agencies all have a need to offer time & attendance solutions to their clients.
Payroll is a big job and it takes a lot of training to get it right. If you do it yourself, you have to be very careful. You must be sure that the correct taxes are withheld from your employee’s paychecks, the wages and bonuses are correctly calculated, the correct taxes are paid, that wage and hour laws are followed, and that your employees get paid on time.
Outsourcing payroll is the the best option for most small businesses.