Original content provided by BDO Canada.
Payroll practitioners play an important role. They help ensure wages and benefits are paid to the workforce while also complying with regulations.
The below describes what businesses should expect from their payroll provider.
Allows you to focus on what you know best: your business.- 16-32 hours are spent per month
- Stat calculations and eligibility
- Whether benefits/payments are taxable
- Termination requirements
- Severance calculations
- Time-sensitive/ urgent requests = 4 hours
- Reporting requests = 48 hours