This is also true in the case of the payroll. For many businesses, payroll administration is tacked onto HR or central administration, but in fact this is a complicated area of work with a need for knowledge and experience. Payrolls must be compliant with national legislation and regulations and matters such as tax and national insurance have to be accurate. These areas are subject to frequent revisions by central government, meaning that payroll staff must have the time and knowledge to keep up with the changes. Making incorrect deductions from staff salaries and wages can lead to a great deal of complication, whether it is under or over payments that need to be resolved.
However, for most organisations, the payroll is just a part of what goes on, so there is little incentive for staff to become experts in this field.
This is one of the reasons that many businesses use payroll outsourcing services and here at Dataplan Payroll we can safely say that payroll all that we do. It doesn't matter whether you are a large corporation with thousands of employees or a medium to small business with fewer than a hundred - our managed payroll services can help you.