Outsourcing Payroll Processing - How Can It Not Make Sense?
- Topics:
- Payroll,
- Retirement,
- Strategic Management Tools
- Tags:
- 401(k),
- Benefits,
- Deduction,
- Finance,
- Human Resources,
- Investment,
- Outsourcing,
- Payroll Solutions,
- Retirement Plans
- Source:
- Thomson Gale
Vendor Registration: required
Overview: One of the most basic functions of any company, large or small, is payroll. Whether it is salaried management or hourly workers, the demands for accuracy and timeliness are great. Construction companies, like other companies, are responsible for correctly processing many items on paychecks. The most familiar are deductions for federal and state income taxes, FICA Medicare and state unemployment deductions. Other additions to pay and deductions may include vacation pay, union dues, 401K plans, health insurance and garnishments. Some deductions, such as FICA, state unemployment and 401K deductions have yearly maximums.
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Format: HTML | Date: Nov 2003
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