Running a small business can be taxing. Keeping track of matters such as benefits and staffing might take a toll on you. But for most people, both of these tasks are naturally more engaging than today’s topic: payroll. Running payroll can at times feel needlessly mundane and complicated. But you don’t have to do it yourself. Here are some of the best reasons to hire a payroll service.
You Don’t Have to Worry About Government Compliance
Sometimes, it can feel like you need a law degree to navigate the perils of government compliance when it comes to payroll. The chances are that this isn’t your specialty, nor is it something you find thrilling. To make matters worse, the rules of government compliance change annually.
By hiring a payroll service, you pass that burden onto individuals who specialize in it. You can put such blunders as misclassification of employees out of mind. Don’t fret about missed deadlines. The payroll service will take liability for government compliance.
Keep Employees’ Data Safe and Secure
Another headache that comes with the territory of payroll is keeping the data of your employees safe and secure. To administer payroll, you have to keep track of all manner of private information. This includes the following:
- Social Security numbers
- Compensation details
- Full names
- Bank account numbers
For the most part, keeping all of this information private doesn’t pose too much difficulty. But it’s essential, and there is no room for errors. If any of this information gets into the wrong hands, any of your employees could become a victim of identity theft.
More Than Just Payroll
Finally, when hiring a payroll service, you should consider what other services they offer. Chances are, they do far more than just payroll. Here are just a few of the many services we provide:
- Human resource consulting
- Employer insurance solutions
- Recruiting services for insurance agencies
- Employee benefit consulting
Whatever your need might be, the chances are good that we have a solution for you. By partnering with Malden Solutions, you aren’t just getting a payroll service. Depending on your needs and wants, you could be getting much more.
Partner with Malden Solutions Today
Malden Solutions has a wealth of expertise in providing employer insurance solutions, HR solutions, and individual insurance solutions to businesses both big and small. Our team of seasoned professionals can help you navigate the rapidly-changing world of insurance with ease. We partner with businesses and individuals throughout the country to provide our dedicated services for employee benefits but also work within our surrounding communities in Maryland, Northern Virginia, and Washington, D.C. Contact us today to learn more about how we can provide effective, dynamic solutions for your business. Stay connected with us on Twitter, Facebook, and Linkedin.