Obviously the more employees you have and the more frequently you pay them, the more work and overhead this process will take. Not only do these items tell you how many checks will be cut and how often, they also impact the frequency with which you will be required to make tax deposits. Simply reducing the frequency of your payroll may eliminate some of the headache and office workload bottlenecks. For example, the predictability of 15th and 30th payroll dates compared to a biweekly payroll can reduce staff conflicts between mailing customer bills or statements and getting payroll done. In most businesses, payroll always comes first.
Payrolls vary from business to business.
The more complex a payroll, the more time and cost involved in getting it processed and the higher the likelihood of error. The level of complexity combined with some of the factors listed below will lead to a better decision between upgrading and outsourcing. Union pays Piece rates Gross payroll by department 3. Uses of payroll information. The efficiency goal in any business today should be to deal with every piece of data only once.