Payrolling is a service in which a specialized payroll company takes over an employer’s administrative and legal duties.
The company itself continues to manage the employees and distribute the work, but the formal employer role – including paying salaries, remitting payroll taxes and keeping track of contracts – lies with the payroll company.
Payrolling is similar to factoring in some respects, in that it too outsources administrative and financial processing.
The difference is that factoring is primarily about advancing invoices, while payrolling focuses on paying staff.
How quickly does a payroll company pay out?
Many payroll companies process payroll within a few days after the hours are approved.
Some organizations have proprietary systems and can even arrange payment within hours.
The speed depends on the payroll company’s internal processes and agreements with the client.
Benefits of payrolling
A big advantage for business owners is that they no longer have to hire staff.
This saves time, risk and costs in terms of payroll, sick leave and insurance.
The payroll company takes over these responsibilities and ensures that everything is arranged according to the law.
Case study
A freelance online marketer once mentioned that she worked for two different payroll companies.
With one company, her wages were taken directly and paid by the client; with the other, everything went through the payroll company itself.
The difference in speed and clarity was noticeable – a good example of how important it is to choose the right payroll partner.
Payroll agency
The fee for employers is calculated based on how high the invoice amount is and how many payroll hours are billed. This way of calculating, many payroll companies do not find very transparent, but payroll companies are known to charge competitive rates. This is mainly because payroll generally requires more administration than billing.
Payroll Netherlands
If you want to be taken care of by payroll, Payroll Netherlands offers interesting opportunities to work from home or telecommuting , without thus appointing a payroll organization in your company directly.
Payroll hours
How many payroll hours does it cost? A payroll organization can offer payroll hours in two types of form. Firstly, there is the payroll month, where payroll company, for example, ensures that all payroll hours are taken care of and settled in one time per month. In addition, based on payroll hours worked, there is also the possibility of billing payroll hours.
So you are not obliged to choose 1 or the other option, it depends entirely on what your situation is and how many payroll hours you want taken care of.
Payrolling is cheaper
It is important to know that payroll is not only cheaper than hiring your own staff, but also better. Because payroll companies take advantage of the expertise available in the payroll industry and they know all the procedures for payroll payments, payroll tax and social contributions and so on. Moreover, intervention can be made at any time by payroll operators who are in direct contact with payroll organizations.
Payroll care
Provide payroll hours or payroll billing, Payroll Netherlands provides an online payroll calculator that you can quickly and easily use to calculate the payroll amount you need to pay payroll Netherlands per payroll hour. Please note that the results are only indicative! For more information, our service is also at your service by calling 040 20 38 500 or by email. We are happy to help you make the right choices regarding payroll.
For payroll hours, payroll formulas or payroll billing, please feel free to contact Payroll Netherlands . The payroll calculator cannot be used to submit a payroll request to us! It is intended only as an indicative result and therefore should not be submitted as a payroll request.
