How can payrolling help? - Tentoo Payroll Professionals
What is payrolling?
As an employer, using payrolling by Tentoo gives you ease, flexibility and service. The key: we take over paying your employees, including the responsiblity and risk associated with having your own staff. This gives you fewer obligations and more freedom.
Payrolling by Tentoo changes nothing on the shopfloor. You still look after your own recruitment and the day-to-day management of your staff. Your benefits are on the financial and practical side:
- Tentoo pays net salaries, premiums and taxes
- We distribute pay slips
- We look after registering sick leave and when staff return to work
Because your staff are, on paper, the responsiblity of Tentoo, you are free from the obligation to continue to pay them during sick leave, any requirements to pay social security contributions and taxes as well as other claims.
Who can benefit from payrolling?
In fact payrolling is interesting for any business with staff. Here are just a few examples of companies and sectors where payrolling offers significant benefits:
- The audiovisual industry
- Media companies
- Events industry
- Advertising agencies
- Call centres
- Architect's firms
- Publishers
- The promotion industry
- The hotel and catering industry
Start-ups
If you are starting up your own business and have more work than you can handle on your own, but don't want to take on permanent staff just yet, payrolling is the ideal solution. You can expand your business without the risks involved in employing your own staff.
How does payrolling differ from a temping agency?
A temping agency looks after the recruitment and selection of your staff, and for a set period of time also acts as the employer for your temporary staff. They look after salary administration for the employees and may also arrange a replacement if someone is off sick.
Tentoo, on the other hand, is the legal employer and takes on all the more complex aspects of salary administration as well as the risks involved in being an employer, on your behalf. However, you retain control over your own recruitment and selection, set working hours and look after contact with the staff. Payrolling is much cheaper than temping but offers the samen level of flexibility for businesses.
How does payrolling differ from a bookkeeper, administration agency, accountant or tax office
Businesses often outsource salary administration for their employees to a bookkeeper. An accountant or bookkeeper can certainly take the work off your hands, but not the responsiblity of employing your own staff. In addition, you don't know beforehand how much the services of an accountant, for example, are going to cost. Accountants and bookkeepers work on the basis of a contract and often invoice their work per transaction or per hour. The final costs are often much higher than you budgetted for.
