Small To Medium Businesses

Small to Medium Businesses

Why it makes good business sense to outsource your payroll? 

In order to generate income, businesses focus on their core activities such as professional services. Of course your staff need to be paid at the same time and this requires investment in payroll systems, payroll staff and your valuable time.

Let PayMe take the stress and uncertainly out of pay, tax, superannuation and compliancy issues for you. PayMe will achieve this at approximately 50% of your current costs associated with payroll systems and payroll staff.

This will contribute to your competitiveness, and your employees will receive a payroll service that normally only big business can afford.

Benefits to your company

The benefits to your company are:

• provision of a payroll function to employees and contractors that appears in house
• increased employee morale and retention
• no requirement to invest in payroll software, information technology infrastructure and payroll staff
• immediate advice to the company management on issues such as employee entitlements, workers compensation, superannuation, future payroll needs and other ad hoc matters
• secure online access for each manager to employee information such as personal details, leave applications and timesheets through our Employee Self Service (ESS) portal.

Benefits to your employees

The benefits to your employees are:

• easy to read and understand payslip click here to see an example
• payment of superannuation on a monthly basis
• all salary packaging / sacrifices including car leases at no additional cost
• advice regarding what can be claimed as a salary sacrifice and how to make claims
• full claims for Living Away From Home Allowances (LAHFA) at no additional cost
• payroll officers always available providing a personal, understanding and immediate service in implementing payroll changes
• same day emergency payments to employees if required due to unforeseen personal circumstances or through a PayMe error
• payment summaries within the first two (2) weeks of the new financial year
• secure online access for each employee to all of their pay and superannuation records with the ability to update key personal information through our Employee Self Service (ESS) portal
• access to the PayMe Benefits Program

Fee structure

Our fee structure is determined when we conduct your needs analysis. It is percentage based and varies based on your average employee salary. We use a tailored approach to fee structure because our clients have employees on salaries between $25,000 and $300,000 per year. We only need to cover our transaction costs as opposed to charging the same percentage fee to every client.

The key outcome of our fee structure is that it will approximately halve your existing payroll related costs. Alternatively, if you are new business our services will reduce the impact of one of the most difficult components of establishing a new business.

How PayMe is held accountable

PayMe is held accountable for service delivery based on:

• a contract for payroll services, and a
• service level agreement.

PayMe provides a template for these documents, tailors them in partnership with you and then you take ownership of the documents.