Third party payroll is defined as the outsourcing payroll responsibilities of an employer such as a part of their payroll, tax-related duties or legal issues to third-party payroll service providers. These service providers assure that the requirements are met so that business operations are carried out in an efficient way. An employer enters into a contract or agreement with a third party so that they agree to fulfill some of the duties of their employees. In general, payroll is defined as a total amount of expenditure spent by the employee towards their employees and also maintains a list of company’s employees.
People will work at your premises but hired by us and payroll will remain to us – that make your lean and easy to move. An agreement will be done between us and we will provide the right people with right talent according to your project or assignment remaining within the local laws. Any legal issues arises will be handled by us.
The travel costs and travel invoices from the employees are usually processed together with payroll.