When it comes to supporting successful small businesses, few cities have the experience to match Lynn, Massachusetts. In fact, locally owned companies in Lynn can be traced back to the 1600s. While most experts will have you believe that all you need is a solid product and loyal customers, Lynn’s history proves that your business needs much more. HR and payroll services can help your business thrive by protecting your company and your employees. Here’s why this should matter to you and how these services can help.
Payroll Processing Made Easy
While payroll may seem fairly straightforward, just one mistake can jeopardize your entire business. The IRS is particularly interested in the payroll processes of small businesses because they easily fall victim to complicated payroll and tax laws. Instead of trying to wade through the information alone, rely on the latest technology.
A web-based payroll processing system is ideal for avoiding legal and financial ruin. Online payroll solutions not only allow you to do simple tasks such as adding and changing employee data, they also calculate employee tax and withholding information.
An advanced system like Commonwealth Payroll & HR’s iSolved can file and pay taxes on your behalf, record quarterly and year-end payroll tax returns, and process your direct deposits. Self-service options allow your employees to add and change their own information, always ensuring your company’s data is current and correct.
Managed Payroll Services That Work
Did you know that you technically don’t have to worry about payroll at all? That’s right! No more calculations, no reading through Massachusetts wage laws, and no worrying about how to work a full-time payroll specialist into your budget. The only thing you need is a phone, fax machine, or computer.
With managed payroll services, you just send over your employees’ payroll information to an expert and the rest is taken care of. A dedicated representative does the data entry, processing, and payroll transactions all on your behalf. The unique benefit to this situation is that it’s not just anybody processing the information – it’s a payroll professional who can answer all your questions and guarantee accuracy and legal compliance.
HR Resources That Build Your Business
Outsourcing HR is one of the smartest things any company can do, especially in Lynn, MA. With over 90,000 people, most of whom are employed or in the job-seeking market, there is no room for error when it comes to protecting your current employees or finding the right person to join your team in the future.
HR and payroll companies have all the tools necessary to keep track of day-to-day employee information like time off requests, OSHA incidents, and employee job tracking. However, managed HR services can go even further. Consider options like dedicated HR pros, customized job descriptions and employee handbooks, and personalized action plans and audit reviews. HR practices that are unique to your company will set you apart from the competition.
HR and payroll services are key to helping your small business grow. With accuracy, reliability, and convenience, there is no better way to guarantee your success. If you are looking for the best payroll service or the right HR company to take your business to the next level, look no further than Commonwealth Payroll & HR. Our experts are partnering with small businesses in the Lynn area and we cannot wait to speak to you! Call us toll-free at 877-245-1159.