When your small business reaches the stage of hiring employees, your paperwork gets a lot more complicated. From relatively straightforward duties like calculating salaries, to more complicated things like wage garnishments, HR duties can take up a lot of your time.
Why Should You Outsource Your Small Business Payroll and HR Services?
Outsourcing your payroll needs means you don’t have to worry about the details associated with employee compensation and payroll processing. Until your business is large enough to sustain a full-time HR staff, Cove Professional Services can help you out, and free up your schedule to the day-to-day elements of your business!
“Cove offers services that make our little company feel like a fortune 500 company. They know our account and are able to proactively guide us about current rules, regulations and taxes. Cove manages our Human Resources through bookkeeping and has been a huge asset for our company, enabling us to grow every year for eight years now.”
– J. Cleary, Cleary Bikes, Richmond, CA
Payroll & HR Services by Cove Professional Services
Cove Professional Services can manage the payroll and human resources for your business by providing:
- Salary calculation: Calculate employee salaries, factoring in variables like hours worked, overtime, bonuses, and deductions.
- Tax withholding: Ensure accurate withholding of federal, state, and local taxes from employee paychecks, including income tax, Social Security, and Medicare.
- Direct deposit: Deposit employees’ paychecks directly into their bank accounts, saving time and reducing administrative work.
- Payroll tax filing: Handle payroll tax filings, including quarterly and annual tax returns, to ensure compliance with tax laws.
- Wage garnishments: Manage wage garnishments, such as child support or court-ordered deductions, and ensure they are deducted correctly.
- Employee onboarding and management: Maintain employee records, assist with benefits administration, track time and attendance, and provide employee self-service portals.
- Compliance and reporting: Ensure compliance with employment and tax laws, generate reports on payroll costs and HR metrics, and conduct compliance audits.
- Employee benefits and training: Offer guidance on selecting and administering employee benefit plans and even provide resources for training and development programs.
- HR consulting and support: Provide access to HR professionals for advice on employee relations, workplace policies, and conflict resolution.
- Employee leave management: Manage employee leave requests and track various types of leave, including vacation, sick leave, and family or medical leave.
- Termination and offboarding: Handle exit procedures for terminated employees, including final paychecks, benefits, and exit interviews.
- Employee engagement and culture: May offer strategies and resources to enhance employee engagement, satisfaction, and company culture.
By outsourcing your small business’ payroll services to our team of payroll and HR professionals, we can ensure accurate and compliant management of your employees and contractors, saving you time and resources while creating a positive and productive work environment for your brand.