Understanding Payroll Costs: Demystifying the PEO Package

Understanding Payroll Costs: Demystifying the PEO Package

Processing of payroll involves the computation of employee’s wages and remunerations, which is a key activity but can be very time-consuming. It includes determining how much to pay employees based on their work and determining how much tax to deduct, issuing paychecks, and satisfying rules and regulations that could be quite complicated. Some firms opt…