Outsource your payroll management

Every small business owner runs through one problem – the absence of a proper human resources system to manage the various important aspects of your company. An HR is responsible for numerous things such as recruitment, training, manpower management, payroll management and whatnot. In some SME’s, all this work is being done by one person only. Naturally that person needs all the help he or she can have.

I think one of the most important aspect of HR is manpower and payroll management. Here’s an article on ehow explaining pay roll. Imagine your salary coming 1 day late every month. Or a wrong cheque amount being made. Or, Sometimes it may happen, one of your employees receiving a salary much higher than what he should be getting. That’s money from your pocket right?

Payroll management itself covers a lot of different aspects such as calculating an employees salary, deducting taxes, and disbursing the salaries amongst your employees. It sounds simple, but multiply this work by the number of people you have in your organization and you would know how much time is being spent on payroll management.

So here’s my advice for Small business managers & owners. First learn the payroll management process. Secondly, try to find some good softwares which do your payroll calculation for you. That’s the best action you can take. If you have an external software / service managing your payroll, all you have to do is confirm your action and your payrolls will be taken care of. Sweet isn’t it? Imagine the amount of time you would be saving.

I browsed around the internet and came across Intuit. Intuit is an online payroll calculator. You can do online payroll management through their payroll software known as quickbooks and you can do offline payroll management through outsourcing all your payroll activities to their customer care centre. The payrolls will be provided at the right time with the proper amount.

There may be many other softwares but I found the layout and usability of Intuit to be very good. Plus it helps you in paying your contractors too. So that is an added advantage. Overall, an online payroll calculator will lessen your workload (especially if you have only one person handling all different activities of an HR).