Payroll Service Provider

Did you know that many employers outsource their payroll? 

Payroll outsourcing has its many advantages! Firstly, keeping staff in businesses is tough, but the staff you do have, still need to be paid. Using this service frees up valuable time for your other duties, such as day to day operations, client relations and more time for your own employee’s. 

70% of small businesses say payroll taxes are a moderate to significant burden to them. Using Bay Group Ventures, this will never be a burden! Taxes are withheld and sent in to the appropriate entity on your behalf. 

FACT; Businesses can save 20-30% annually, by hiring Bay Group Ventures, to provide their payroll services. 

30% of businesses have stated they would strongly consider moving to new payroll system for a better experience with payroll. 

Did you know that 49% of employee’s say they will look for a new position if there are 2 or more payroll issues?

5 things to consider when deciding on a payroll service provider:

1. What kind of customer service will you receive? 

Bay Group Ventures values all client relationships. The only time you will get an automated answer is when all of our staff are otherwise occupied with helping other clients or on another phone line. 99% of the time you will get a live person to answer your call for your questions. 

2. Is their technology in step with current trends?

Absolutely! We use the best payroll service in the industry. This is how we are able to offer this service to you. 

3. How safe will your business and employee information be?

Very Safe. Because we are also an employer, we know the importance of information confidentiality. 

4. Who is responsible for any penalties incurred from inaccurate tax filings?

The processer that we use is licensed and insured and is responsible for inaccurate tax fillings. There would be no penalty to our client.

5. Can the provider do more than just payroll?

We do offer other services and we are happy to provide onboarding services, however we are NOT a PEO service. Handbooks and employee benefits (with the exception of the deductions, and or loans) would continue to be your responsibility. 

Included with our services are the following;

  • Payroll Account set up
  • Payment method set up 
  • Direct Deposits- if an employee does not have a bank account, we can issue them a pay card
  • Payroll calculation & processing
  • Deductions for Friend of the Court, Garnishment and employee tax with holdings including FICA, FUTA, SUTA (UIA)
  • Ability to track vacation/PTO time
  • New Employee onboarding, such as W-4’s, I-9’s & 8850’s.
  • 401k withholdings and payment to the 401k Company of your choice (making our payroll provider the agent of record)
  • Insurance premium withholdings 
  • W-2s at the beginning of the year
  • Available to you (additional cost) time clock rental
  • Process your payroll weekly or biweekly. We recommend weekly.
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