outsourcing

The New Payroll Outsourcing

Filed in archive Outsourcing News on August 21, 2007

The New Payroll Outsourcing
This type of outsourcing is considered as part of hr outsourcing though its scope is very much detailed. Aside from that, payroll outsourcing is also a sensitive topic because it deals with money and the salaries of employees. It is very much expected that this kind of outsourcing would experience different challenges.

Here are some of the challenges which could be experienced with Payroll outsourcing:
-changing tax laws
-time/schedule
-compliance issues
-penalties and interest for compliance failure
-misclassification of employees

Though this industry faces many challenges, Forbes magazine revealed that this is going to be a growing industry in the near future. This is because of the growing demand and of course, the convenience that companies experience when outsourcing their payroll. I just hope that this outsourcing would be handled well by outsourcing providers since its very sensitive.


Permalink: The New Payroll Outsourcing

Tags: outsourcing  2007  payroll  august  china  payroll+outsourcing  august+2007  very+much 

Vote for The New Payroll Outsourcing:

  • Currently 10.00/10
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
Rating: 10.00 out of 3 vote(s) cast.
 
Share It
RSSrss
Google google
Yahoo! yahoo
Addthis Subscribe using any feed reader!
Bloglines Bloglines
TwitterFollow us on Twitter!
Most Popular   Basics   Believe It or Not   Best of   Best Practice   Did you know   Information about   Intelligence   Misc   Opinions & Insights   Outsourcing Advisors   Outsourcing Issues   Outsourcing News   Outsourcing Pros and Cons   Outsourcing Suppliers   Quick introduction   Resources   The Lighter Side of Outsourcing