Payroll Outsourcing vs In-House Processing is arguably one of the most talk topics within HR circle. But, for companies that may not have a designated payroll professional on staff, the task of payroll processing can be frustrating and time-consuming for the employer to manage.
That’s one of the reasons many employers seek to utilize payroll outsourcing services. However, there are also a few common misconceptions about the advantages of engaging a payroll provider.
Let me share you 2 misconception and what is the real benefits behind.
1. Outsourcing payroll is costly. Wrong. For many companies, handling payroll in-house can be more expensive than outsourcing. You will be surprised how much a company can save in terms of costs by engaging a payroll provider.
2. Processing payroll in-house more accurate. Wrong. The company entirely rely on in-house HR, but the question is do they have a proper system, data security, knowledge, penalty cost if mis-contribution.
There are many more key benefits; end goal considerations should always base on value, costs, security, accuracy and overall stability.
Leave me a comment or direct pm me for a more in-depth understanding of how payroll outsourcing can be your best decision. Or you may contact us for more payroll advice.
** You may also contact me directly at:
Email: aiden.liew@righthouse.com.my
Contact: +6014 969 9834
Linkedin: https://www.linkedin.com/in/aidenliew/
Company Linkedin: https://www.linkedin.com/company/righthousesolutions/
