Payroll Outsourcing

Payroll outsourcing means with our external experts responsible for the daily management of the payroll to accomplish the monthly payroll calculation and the monthly payroll service. The emergence of global employment outsourcing services is based on the fact that as the compensation function changes, the compensation programs are becoming more complex, and the management systems used to support these programs are becoming more powerful and cumbersome, and their maintenance is becoming more expensive. As a result, many of our clients began to contract with us third-party payroll processing service agencies to seek professional, efficient international payroll processing outsourcing service. As a professional payroll service company, Talent Spot customize payroll outsourcing solutions for our clients. Contact us to get the payroll services pricing!





What Is Payroll Outsourcing?

Payroll outsourcing is the process of transferring the responsibility for managing a company's payroll functions to an external service provider. This can include tasks like calculating wages and salaries, withholding taxes, preparing and filing payroll tax returns, managing employee benefits, issuing paychecks or direct deposits, and handling payroll inquiries and disputes. By outsourcing payroll, companies can often save costs, gain access to specialized expertise, improve accuracy, increase efficiency, and better accommodate changes in their workforce.



Talent Spot Payroll Outsourcing Service Advantages

Stop service

One client, one Project Manager(PM)

PM is the only contact window

One team behind PM to support our client together



Personnel in one project

2nd personnel works as a QC

QC double confirm all data, process, timeline, etc.

QC is involved in all communication with the client, so will be the PM’s backup



Management tools to make sure service quality

Client snapshot, record client's operation rules

Client SOP, maintain confirmed operation process

Client customized spreadsheets and solutions



Payroll Outsourcing Service Scope

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Salary and Tax Services

Salary and tax policy consultation in various local governments



Monthly wage calculation and delivering

Income tax declaration

Leave management

Reimbursement management

Customized Pay Slip

Cloud-based payroll system

Social Insurance Services

Social insurance policy consultation in various local governments

Company social insurance account and individual account

Personal account management

Account merging and transfer

Welfare Management and Distribution

Commercial insurance management

Medical insurance management

Accident insurance management

Foreigner insurance management

Employee Entry and Settlement

Employment work and residence permits

Visa documentation



Talent Spot's Payroll Outsourcing Service Strength

Simplify payroll administration and improve in-house HR productivity

Accuracy of data and quality control checkpoint for every step

Reduce the time, effort, and money spent on operating costs

Ensure compliance with local labour laws and regulations for local government

Rapid response and feedback provided within 1-working day

Improve employee's satisfaction



How Payroll Outsourcing Works

Assessment and Contract: The company and the payroll provider assess the company's specific payroll needs and requirements. They then agree on the scope of services to be provided and negotiate a contract outlining the terms and conditions of the partnership.



Data Transfer: The company provides the payroll provider with relevant employee data, including names, addresses, Social Security numbers, hourly rates, and benefit information.



Payroll Processing: The payroll outsourcing provider uses their software and expertise to calculate wages and salaries, withhold taxes, and process payroll checks or direct deposits.



Tax Filing: The provider prepares and files all necessary payroll tax returns, including federal, state, and local taxes, ensuring compliance with relevant regulations.



Benefits Administration: If included in the agreement, the provider may also manage employee benefits, such as health insurance, retirement plans, and paid time off.



Reporting: The provider generates various reports and analytics to help the company track payroll expenses, monitor compliance, and identify potential issues.



Customer Support: The payroll provider offers ongoing support and assistance to address any questions or concerns the company may have.