Eicra.com supports your business to grow with PEO Payroll Service. When a company hires our PEO (professional employer organization) for payroll, it becomes a co-employer and assume that responsibility of managing the client’s payroll administration and employee taxes by using our tax identification numbers, rather than the client’s.
The PEO is generally responsible for payroll-related tasks, including paying salaries, depositing employment taxes and issuing staffs. PEO payroll helps administer payments to full- and part-time employees, and sometimes vendors and contractors. Our company also maintains responsibility for day-to-day tasks and management.
Eicra.com engages the services of PEO in your business and ensure that the PEO is functioning accurately in process payroll, and ensure the compliances of your business. Moreover, to reduce risks, clients should ensure they partner with a PEO who are required to maintain strict financial and tax reporting requirements, provide financial assurance, and adhere to industry best practices like we do for our clients.
PEOs process payroll sometimes pay national employment taxes. Many also integrate payroll with time and attendance, which helps decrease duplicate data entry and mistakes. With the features of payroll software, the worker taxes are filed within the deadline.
Some PEOs offer end-to-end talent services, like recruiting and strategic recruitment, employee training and engagement, and performance management. Our PEO Payroll service providers work in this aspects.
PEOs typically have compliance specialists who can support you protect your business from fines and penalties. Our area of expertise may include payroll tax law and reporting requirements, unemployment insurance, workers compensation, hiring and HR compliance.
In addition to workers reimbursement insurance, our PEOs sometimes offer safety audits and training programs to assist you limit claims. We can also assist with Occupational Safety and Health Administration (OSHA) inspections.
We provide PEO HR professionals who provide HR services and support. If you already have an in-house HR person or team, we can be your PEO partners and we both can work with strategically and administratively.
A co-employment procedure often comes with access to high-quality, cost-effective health insurance, as well as retirement benefits and other employee bonuses. The PEO will usually handle the employee enrollment for these welfares and process claims for you.
1. Employer of Record
EOR Service includes:
We have introduced an automatic solution for payroll management that maintains the accuracy of payroll calculation and evades the double or cross-check of payroll. We have a committed team to handle the payroll process that upholds accuracy and reduce risks in every step of the payroll process.
Payroll processing includes:
4.Reduced Turnover Cost
Our specialists are well qualified and experienced in payroll management. We take care of whole Employee Compensation, Benefits, Incentives, Tax Deductions, Statutory Compliance and other in a Standard Way. This makes the staffs feel secure and build confidence with the employer and reduce turnover
The amounts to pay your staff can be called, faxed or emailed to us, or input into a secure internet site, depending on the level of sophistication and control you require. Once we figure out your net pay, we’ll prepare your tax returns, printing checks and delivering them to you, as well as arranging to have tax monies deducted from your account and paid .
We require both your business and your employees’ specific account numbers. The bank processes Direct Deposit transactions. In the banking law requires two business days between sending payroll information to us and pay day for monies to move through the Automated Clearing House system.
We can prepare the check for you or you can write the check yourself. Feel free to call us if you hand-write the check.
Just provide us with documentation regarding your plans, and we will calculate and track accrued and taken PTO each pay period.
There are a number of factors that can affect this, such as the size and frequency of your payroll and your current set-up. Our general rule of thumb is two to three weeks, which allows us to run a parallel run if needed and thoroughly check all the information provided.