IT contractor payroll companies
IT contractor payroll companies help to simplify the process of handling payroll for your company. By outsourcing this task, you will have more time to focus on your core business.
Payroll providers also have a reputation for being transparent and accountable. This will ensure you are paying contractors correctly and complying with regulations.
Payroll
Payroll is an online payroll company that helps tens of thousands of small businesses with their payroll calculations, deductions, and taxes. It also offers direct deposit, pay stubs, and employee access to their own pay information.
The software is completely cloud-hosted and has a mobile app that allows users to run their payroll from any device. The website and the app share a similar layout, making it easy to navigate.
Unlike other payroll services, the software lets you add or remove employees from your database without having to change your account settings. It also includes an autopay feature that automatically processes payroll based on the default hours or salaries you select.
It’s an ideal option for small companies with fewer than 100 employees. If you have more than that, you might want to consider a more comprehensive payroll provider, such as Gusto or ADP.
Payroll provides US-based customer support six days a week, including during off-hours. You can contact them via phone or chat to request assistance. If you choose their Full Service plan, they will handle your taxes for you.
In addition to payroll, Payroll handles employee benefits and pre-employment screenings. They also offer health insurance and worksite safety.
The company’s self-service payroll system is free to try. However, it charges for any extra fees, such as filing year-end forms like W-2s and 1099s.
Aside from that, you may also have to pay an additional monthly fee if you choose the Full Service plan and want to file your tax returns in multiple states. The company does not make this fee clear, and it doesn’t appear to be an advertised price on its site.
Many payroll reviews on third-party review sites praise the company’s customer service. It offers support through phone and chat, as well as an email contact form.
They have a team of knowledgeable support specialists who can answer questions and help you set up your account. It also offers a one-month free trial.
The service is easy to use and has an excellent reputation across the web. It is fast and efficient, making it an attractive option for businesses that have a high turnover rate or need to process payroll quickly. It also has a good user satisfaction rating with over 80% of reviewers stating that they were happy with their experience with the company.
Gusto
Gusto is a full-service payroll and HR platform that works with businesses of all sizes. It offers a simple payroll process that takes care of tax filings, keeping you compliant and providing awesome customer support.
It also has a robust HR feature set that makes it easy to manage employees and keep track of payroll taxes. Its HR tools include employee handbooks, job descriptions and organizational charts, as well as employee surveys and proactive compliance updates.
In addition to managing your payroll, Gusto also gives you access to employee benefits, such as health insurance and 401(k) plans. The company’s perks can make you more attractive to prospective employees, which can help you attract talent in a competitive market.
However, it does come with some limitations. For example, it doesn’t offer 401(k) plans in some states, and it doesn’t have coverage for health insurance in Alabama, Alaska, Hawaii, Louisiana, Mississippi, Montana, North Dakota, Rhode Island, South Dakota and Washington, D.C.
The company’s lower-tier plans include only payroll processing and payroll tax services. If your business needs more than that, you’ll need to look for a provider that includes HR features and support beyond payroll.
Its lower-tier plans are great for small-to-medium businesses with fewer than 20 employees. They’re available at a low cost and include basic payroll processing, payroll tax management, and a handful of other helpful features.
Aside from its low-cost options, Gusto has a one-month free trial. This gives you a chance to see if it’s right for your business without having to laying any money down.
Gusto also has a Premium plan that adds priority support and HR professionals to its platform. This can be useful if you don’t have an in-house HR person, or you need advice on certain people-management scenarios.
The best part is that the pricing for these plans doesn’t change much over time. The base fee for the Simple plan is $40 per month, and the Plus plan costs $80 a month.
Regardless of which plan you choose, Gusto’s support team will be there to help you whenever you need them. You’ll get trained professionals on the phone or chat to help troubleshoot any issues you might have, and you’ll get automated reminders when things are due or need to be done.
Velocity Global
Velocity Global is a PEO company that offers a range of services, including talent acquisition, immigration, payroll and consulting. It is also an international employer of record, which allows it to help companies build global teams without the hassle of establishing foreign legal entities or state registrations.
The company’s 185+ country coverage and breadth of solutions helps clients confidently navigate the lifecycle of international business expansion. Its Global Work Platform simplifies the employer and employee experience with cloud-based technology, personalized expertise, and unmatched scale.
One of the company’s major differentiators is that it has more fully-owned entities than its peers, allowing it to offer better pricing and consistency. It also provides in-country legal and compliance expertise.
It is a market leader in global PEO services and was recently awarded a $150 million round of funding by investors. Its service model enables high client retention rates and high levels of customization and efficiency.
A growing number of businesses are turning to independent contractors, a classification of knowledge workers that has increased in recent years. This has prompted many employers to look for ways to streamline the process of hiring, paying, and managing independent contractors.
As a result, companies have turned to automated payroll to expedite the time-keeping and payment processes for contractors. In addition, this method helps to prevent misclassification and other issues that can arise when employing independent workers.
While most companies face challenges when integrating with a large group of contractors, Velocity Global makes it easier than ever to manage a distributed workforce. With its new Contractor Payments solution, it combines locally compliant contracts, consolidated invoicing, automated and seamless payments, and mobile access to provide a simple way for businesses and contractors to work together.
This solution has been integrated into the company’s Global Work Platform, a cloud-based talent and work management solution for businesses of all sizes and industries. It’s a perfect solution for companies that are looking to expand their global reach and manage their employees and contractors in one easy-to-use platform.
Currently, the majority of IT contractors struggle with archaic onboarding processes and payment confusion, and companies are struggling to manage their distributed workforce. This solution eliminates both issues by enabling a seamless connection between companies and contractors. It also reduces the risk of making costly misclassification and compliance mistakes.
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A payroll service that's built just for construction companies can help a contractor reduce payroll processing time, increase efficiency, and create more work opportunities. These companies typically provide construction-specific tools, sophisticated reporting capabilities, and integration with accounting software.
Payroll services are essential for all types of businesses, but if you run a construction company, you have a few specific needs that aren't found in generic payroll solutions. You need a service that understands the complexities of construction payroll, including multiple states and localities, workers' compensation, and prevailing wage work. You also need a solution that prepares construction-specific reports, such as union information and EEO minority compliance.
These features will save you time by automating and streamlining payroll processes, making it easier to manage employee records. They'll also help you ensure that payroll is processed accurately, on time, and in compliance with state tax laws.
You'll also want a payroll solution that allows you to process payroll from any device with an internet connection, whether you're at the office or on the job site. Some of these services will even allow you to pay your employees with a payment card, which can be useful for tracking on-site time and expenses.
Another feature that is essential for contractors is the ability to track and allocate supplies, labor, and costs by job. This will help a contractor meet their profitability goals and avoid having to waste money on supplies that don't go toward the project.
If you need a payroll service that provides a number of features, such as time tracking, geofencing, and a self-service portal for your employees, you should consider ADP Run. It offers a variety of benefits, including automated two-day direct deposit and the ability to pay both hourly and salaried employees. It also supports employee discounts, which can be a great way to attract top talent and retain existing employees.
Ripping is a popular, well-known, and reliable payroll service that offers basic HR functions. It has a high user rating, but not as many HR features as others on our list (and it's priced higher than some of the other options). Additionally, it has limited pay card support and doesn't have as much in the way of reporting.