As the recession continues to bite across the UK many businesses are looking to cut costs.
As a Chartered Certified Accountant I spend a great deal of time with my business clients looking at all of the costs in their business and whether they are necessary.
Historically, payroll outsourcing has been seen as a way to get rid of headaches caused by processing such as lack of payroll expertise, holiday and sickness cover.
In recession businesses look to payroll outsourcing to cut costs. Typically, savings can made in software costs, maintenance, backup and redundancy costs, salary costs, printers and payslips.
Conclusion. Payroll outsourcing can save your business money and it is even more important to look at in a recession.