A Payroll Service is an external provider that handles an organization’s payroll processing, including calculations, tax filings, and payment distribution, to reduce workload.
- What is a payroll service?
Answer: It is an external provider handling payroll tasks. - What do they offer?
Answer: They offer calculations, tax filings, and direct deposits. - What are the benefits?
Answer: It saves time, ensures compliance, and reduces errors. - What are the challenges?
Answer: Challenges include cost and data sharing. - How does HR use it?
Answer: HR selects providers and oversees service quality.
