How does outsourcing payroll work?

It is a very simple process. You just need to sign up with us for a free trial or contact us directly. We will then ask you to provide us with the information for your payroll online. That’s all you need to do. Payslips and reports are sent to your online secure system.

Should I outsource my payroll?

Yes, you definitely should. Business consultants have made it clear that outsourcing some of the non-core functions to professionals can be good for your business. It helps you save time and money, get expertise, ensure compliance with government regulations and make payroll processing safe and secure. Most importantly, you employ your resources on your central functions which allow you to generate more income as well as saving costs.

How much does it cost to outsource payroll?

With 1 employee in your company, dhPayroll is less than £15 per month. We work on a sliding scale so that you only pay for the work we do, and that helps you keep your costs to a minimum. Costs can be as little at £3 per payslip for larger companies with 50 or more employees. We can further reduce by tailoring costs if your payroll is weekly or you have more than 100 employees, so please contact us in any case for further information on the costs. We would be pleased to discuss your requirements and provide you with a quote.

Is outsourcing payroll cost-effective?

Yes, payroll outsourcing is a very cost-effective solution for your business. Think of all the time and money that is spent in calculating payroll in each period, printing, signing and distributing payslips and making payments, software maintenance, keeping up with changes in tax rates and other training issues, recruiting and training payroll staff, along with premises and other IT costs associated with internal payroll staff. Outsourcing is definitely going to cost you less.

When should you outsource payroll?

You should outsource your payroll when you feel that the cost of getting it done in-house is more than outsourcing it to professionals, but also you would like the added benefits of security and simple effective software and secure online access to payslips and P60s for your team. It is best to focus on the core functions of your organisation because that is what drives your business and makes your company successful.

Pension Auto Enrolment Services in UK

Auto-Enrolment Services for Pension schemes

Workplace Pensions, also known as Auto Enrolment, is a government-mandated programme that requires all employers to set up a voluntary pension plan for their workers. You’ll have to analyze the workers every time they get paid, and if they meet the requirements, you’ll have to enrol them in the company pension.

To stay in compliance with the law, you’ll still have to make pension payments on their behalf and keep certain documentation.

We are pleased to provide the following services as part of our full Auto Enrolment solution to help you fulfil your obligations and relieve the regulatory burden:

Develop a pension plan that is suitable for you

We are pleased to assist you in setting up the scheme once you have selected a provider.

Employees’ communication

Numerous Auto Enrolment schemes are handled through online software platforms that tackle the automatic generation of statutory communications to your employees. We will be able to outline the required statutory communications or if you prefer we are able to provide you directly with the statutory communications you will need for your employees.

Ongoing administration

There are ongoing responsibilities to assess and report information to employees, the pension provider and The Pensions Regulator. These responsibilities can be covered by ourselves, and the pension provider.

Deductions

We will be able to advise you of the required pension deductions and subsequent payment to the pension provider, as well as file the necessary paperwork with the pension provider for all of this deduction and other standing employee data, liberating you of this burden.

Why Outsource Auto Enrolment Services?

Whether you are a small, medium or large business, you cannot avoid Auto Enrolment. Even if you employ just one person, you’re obligated to provide a workplace pension. Managing Auto Enrolment is a time-consuming process that adds additional costs to your business and uses up extra resources.

After all, there is a lot to do. Auto Enrolment involves assessing employees to determine who all are eligible, selecting a pension provider, and timely completing all the related tasks. The entire process can be cumbersome and stressful. And rushing through it at the last minute makes your business vulnerable to errors.

Even once you have completed your original staging date and set up your pension, the work doesn’t stop. You have to carry out re-assessments, recalculations, include opt-ins and exclude opt-outs. Moreover, keeping up with paperwork and maintaining clear records is also extremely arduous.

Carrying out these administrative tasks can keep you from focusing on core operations. Why risk that? dhPayroll is happy to take over Auto Enrolment responsibilities and free up your resources. We are a team of qualified experts that will be able to complete your monthly pension obligations alongside your payroll processing. You can rely on us to run your pension in line with Auto enrolment regulations , so Let us give you a helping hand to set up pension plans and processes.

If you had like us to contact you to answer any further queries you may have, or to arrange a no obligation initial meeting, please contact us.