{"id":7908,"date":"2021-02-18T16:09:59","date_gmt":"2021-02-18T16:09:59","guid":{"rendered":"https:\/\/ustechsolutions.com\/?page_id=7908"},"modified":"2024-06-04T08:50:29","modified_gmt":"2024-06-04T14:20:29","slug":"payroll-solutions","status":"publish","type":"page","link":"https:\/\/ustechsolutions.com\/payroll-solutions\/","title":{"rendered":"Payroll Solutions"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|phone&#8221; admin_label=&#8221;Hero Section&#8221; _builder_version=&#8221;4.25.1&#8243; background_color=&#8221;#595959&#8243; background_image=&#8221;https:\/\/ustechsolutions.com\/wp-content\/uploads\/2024\/02\/Accountant-working.jpg&#8221; background_position=&#8221;center_right&#8221; background_blend=&#8221;overlay&#8221; custom_padding=&#8221;8.5%||8.5%||true|&#8221; custom_padding_tablet=&#8221;9%||6%||false|false&#8221; custom_padding_phone=&#8221;60px||40px||false|false&#8221; bottom_divider_height=&#8221;60px&#8221; 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_builder_version=&#8221;4.25.1&#8243; text_line_height=&#8221;1.4em&#8221; header_font=&#8221;|700|||||||&#8221; header_text_color=&#8221;#FFFFFF&#8221; header_font_size=&#8221;4em&#8221; header_2_font=&#8221;|700|||||||&#8221; header_2_text_align=&#8221;center&#8221; header_2_text_color=&#8221;#141414&#8243; header_2_font_size=&#8221;3em&#8221; header_2_line_height=&#8221;1.2em&#8221; custom_margin=&#8221;||13px|0px||&#8221; custom_margin_tablet=&#8221;||13px|0px||&#8221; custom_margin_phone=&#8221;||0px|0px|false|false&#8221; custom_margin_last_edited=&#8221;on|phone&#8221; animation_direction=&#8221;bottom&#8221; text_line_height_tablet=&#8221;&#8221; text_line_height_phone=&#8221;150%&#8221; text_line_height_last_edited=&#8221;on|phone&#8221; header_font_size_tablet=&#8221;3em&#8221; header_font_size_phone=&#8221;2.3em&#8221; header_font_size_last_edited=&#8221;on|phone&#8221; header_2_font_size_tablet=&#8221;2.2rem&#8221; header_2_font_size_phone=&#8221;29px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; 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border_width_all_image=&#8221;8px&#8221; border_color_all_image=&#8221;#fceded&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Providers offer in-depth knowledge (especially for global needs) and grow with your workforce.<\/p>\n<p>[\/et_pb_blurb][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|phone&#8221; disabled_on=&#8221;off|off|off&#8221; module_id=&#8221;payroll-FAQ&#8221; _builder_version=&#8221;4.25.1&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;65px||65px||true|&#8221; custom_padding_tablet=&#8221;65px||65px||true|&#8221; custom_padding_phone=&#8221;30px||30px||true|false&#8221; scroll_fade_tablet=&#8221;&#8221; scroll_fade_phone=&#8221;0|5|100|100|0|100|100&#8243; scroll_fade_last_edited=&#8221;on|phone&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.25.1&#8243; _module_preset=&#8221;default&#8221; width=&#8221;50%&#8221; 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custom_padding_last_edited=&#8221;on|phone&#8221; text_line_height_tablet=&#8221;&#8221; text_line_height_phone=&#8221;150%&#8221; text_line_height_last_edited=&#8221;on|phone&#8221; header_2_font_size_tablet=&#8221;2.2rem&#8221; header_2_font_size_phone=&#8221;29px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221; header_2_line_height__hover_enabled=&#8221;off|desktop&#8221;]<\/p>\n<h2>Frequently Asked Questions<\/h2>\n<p>[\/et_pb_text][et_pb_toggle title=&#8221;What&#8217;s included in your payroll outsourcing service?&#8221; open_toggle_text_color=&#8221;#0A0A0A&#8221; open_toggle_background_color=&#8221;#FFFFFF&#8221; closed_toggle_background_color=&#8221;#FFFFFF&#8221; _builder_version=&#8221;4.25.1&#8243; _module_preset=&#8221;default&#8221; title_text_color=&#8221;#0A0A0A&#8221; title_level=&#8221;h4&#8243; title_font=&#8221;|600|||||||&#8221; title_font_size=&#8221;24px&#8221; title_line_height=&#8221;1.3em&#8221; body_text_color=&#8221;#0A0A0A&#8221; body_font_size=&#8221;1rem&#8221; title_font_size_tablet=&#8221;24px&#8221; title_font_size_phone=&#8221;21px&#8221; title_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Our services typically include payroll calculation and processing, tax &amp; social security administration, payslip generation, and employee self-service portals. We can also offer additional services like expense management and benefits administration.<\/p>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;How do you ensure the security of my payroll data?&#8221; open_toggle_text_color=&#8221;#0A0A0A&#8221; open_toggle_background_color=&#8221;#FFFFFF&#8221; closed_toggle_background_color=&#8221;#FFFFFF&#8221; _builder_version=&#8221;4.25.0&#8243; _module_preset=&#8221;default&#8221; title_text_color=&#8221;#0A0A0A&#8221; title_level=&#8221;h4&#8243; title_font=&#8221;|600|||||||&#8221; title_font_size=&#8221;24px&#8221; title_line_height=&#8221;1.3em&#8221; body_text_color=&#8221;#0A0A0A&#8221; body_font_size=&#8221;1rem&#8221; title_font_size_tablet=&#8221;24px&#8221; title_font_size_phone=&#8221;21px&#8221; title_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p data-sourcepos=\"30:3-31:131\">We employ robust security measures to protect your data, including data encryption, access controls, and regular security audits.<\/p>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;What is an Employer of Record (EOR)?&#8221; open_toggle_text_color=&#8221;#0A0A0A&#8221; open_toggle_background_color=&#8221;#FFFFFF&#8221; closed_toggle_background_color=&#8221;#FFFFFF&#8221; _builder_version=&#8221;4.25.0&#8243; _module_preset=&#8221;default&#8221; title_text_color=&#8221;#0A0A0A&#8221; title_level=&#8221;h4&#8243; title_font=&#8221;|600|||||||&#8221; title_font_size=&#8221;24px&#8221; title_line_height=&#8221;1.3em&#8221; body_text_color=&#8221;#0A0A0A&#8221; body_font_size=&#8221;1rem&#8221; title_font_size_tablet=&#8221;24px&#8221; title_font_size_phone=&#8221;21px&#8221; title_font_size_last_edited=&#8221;on|phone&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>An Employer of Record (EOR) is a third-party company that legally employs your workers on your behalf. They handle all the administrative and legal responsibilities associated with being an employer, such as payroll, taxes, benefits, and compliance. This allows you to focus on your core business activities without the burden of HR complexities.<\/p>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;Is an EOR right for my business? &#8221; open_toggle_text_color=&#8221;#0A0A0A&#8221; open_toggle_background_color=&#8221;#FFFFFF&#8221; closed_toggle_background_color=&#8221;#FFFFFF&#8221; _builder_version=&#8221;4.25.0&#8243; _module_preset=&#8221;default&#8221; title_text_color=&#8221;#0A0A0A&#8221; title_level=&#8221;h4&#8243; title_font=&#8221;|600|||||||&#8221; title_font_size=&#8221;24px&#8221; title_line_height=&#8221;1.3em&#8221; body_text_color=&#8221;#0A0A0A&#8221; body_font_size=&#8221;1rem&#8221; title_font_size_tablet=&#8221;24px&#8221; title_font_size_phone=&#8221;21px&#8221; title_font_size_last_edited=&#8221;on|phone&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>An EOR is your gateway to a global market of contingent talent. If you are already working with freelancers, contractors, gig workers, etc., an EOR is normally a lower cost and risk option compared to doing it yourself. Sometimes, firms are concerned about compliance risks, productivity and reliability. Statement of Work (SOW) contracts let you define clear deliverables for your project, moving away from the outdated method of simply paying by the hour. This ensures everyone&#8217;s on the same page and focused on achieving specific results.<\/p>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;What are the benefits of EOR?&#8221; open_toggle_text_color=&#8221;#0A0A0A&#8221; open_toggle_background_color=&#8221;#FFFFFF&#8221; closed_toggle_background_color=&#8221;#FFFFFF&#8221; _builder_version=&#8221;4.25.0&#8243; _module_preset=&#8221;default&#8221; title_text_color=&#8221;#0A0A0A&#8221; title_level=&#8221;h4&#8243; title_font=&#8221;|600|||||||&#8221; title_font_size=&#8221;24px&#8221; title_line_height=&#8221;1.3em&#8221; body_text_color=&#8221;#0A0A0A&#8221; body_font_size=&#8221;1rem&#8221; title_font_size_tablet=&#8221;24px&#8221; title_font_size_phone=&#8221;21px&#8221; title_font_size_last_edited=&#8221;on|phone&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<ul>\n<li><strong>Reduces workload for HR, Payroll &amp; Admin:<\/strong> The Hackett Group\u2019s 2023 Global Payroll Complexity Index found that for a multinational company, managing payroll across borders can increase complexity by 20-30%! An EOR takes on these complexities of contingent workforce hiring, management, and<br \/>payment, freeing up your internal teams.<\/li>\n<li><strong>Brings access to gig talent:<\/strong> The EOR model allows you to tap into the growing gig workforce without the complexities of independent contractor classification.<\/li>\n<li><strong>Safeguards against compliance risk:<\/strong> EORs are experts in navigating complex regulations. According to a 2023 UK study, 63% of businesses surveyed were unsure about IR35 changes, putting them at risk of penalties. An EOR mitigates this risk.<\/li>\n<\/ul>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;How much control do I have over employees with an EOR?&#8221; open_toggle_text_color=&#8221;#0A0A0A&#8221; open_toggle_background_color=&#8221;#FFFFFF&#8221; closed_toggle_background_color=&#8221;#FFFFFF&#8221; _builder_version=&#8221;4.25.0&#8243; _module_preset=&#8221;default&#8221; title_text_color=&#8221;#0A0A0A&#8221; title_level=&#8221;h4&#8243; title_font=&#8221;|600|||||||&#8221; title_font_size=&#8221;24px&#8221; title_line_height=&#8221;1.3em&#8221; body_text_color=&#8221;#0A0A0A&#8221; body_font_size=&#8221;1rem&#8221; title_font_size_tablet=&#8221;24px&#8221; title_font_size_phone=&#8221;21px&#8221; title_font_size_last_edited=&#8221;on|phone&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>When you use an EOR, you don&#8217;t directly employ your workers sourced through this route. Instead, your contingent workforce is employed and managed by the EOR. This makes choosing the right partner crucial. Consider their service capability, technology ecosystems, operating behaviors, leadership commitment, and culture.<\/p>\n<p data-sourcepos=\"5:1-5:233\">An indirect relationship with workers is a double-edged sword. From a compliance risk perspective, an EOR is safer as employment liabilities rest with them. It also reduces administrative burdens for internal HR and compliance teams.<\/p>\n<p>Businesses accustomed to direct hiring may find EORs daunting, but new technology and methods make it relatively seamless. Hiring managers retain control over their resources, while the EOR handles the complexities.<\/p>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;How does an EOR reduce compliance risk?&#8221; open_toggle_text_color=&#8221;#0A0A0A&#8221; open_toggle_background_color=&#8221;#FFFFFF&#8221; closed_toggle_background_color=&#8221;#FFFFFF&#8221; _builder_version=&#8221;4.25.0&#8243; _module_preset=&#8221;default&#8221; title_text_color=&#8221;#0A0A0A&#8221; title_level=&#8221;h4&#8243; title_font=&#8221;|600|||||||&#8221; title_font_size=&#8221;24px&#8221; title_line_height=&#8221;1.3em&#8221; body_text_color=&#8221;#0A0A0A&#8221; body_font_size=&#8221;1rem&#8221; title_font_size_tablet=&#8221;24px&#8221; title_font_size_phone=&#8221;21px&#8221; title_font_size_last_edited=&#8221;on|phone&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<ul data-sourcepos=\"3:1-7:0\">\n<li data-sourcepos=\"3:1-3:245\"><strong>Expertise:<\/strong><span>\u00a0<\/span>They specialize in navigating complex employment regulations like worker classification (independent contractor vs. employee). This minimizes the risk of misclassification penalties from agencies like the IRS (US) or HMRC (UK).<\/li>\n<li data-sourcepos=\"4:1-4:268\"><strong>Shifted Liability:<\/strong><span>\u00a0<\/span>As the legal employer, the EOR takes on the primary responsibility for ensuring compliance with payroll taxes, social security contributions, and other employment regulations. This reduces your potential liability for hefty fines or penalties.<\/li>\n<li data-sourcepos=\"5:1-5:202\"><strong>Streamlined Processes:<\/strong><span>\u00a0<\/span>EORs have established systems and processes for onboarding, payroll, and tax filings, ensuring accuracy and reducing the risk of errors that could lead to compliance issues.<\/li>\n<li data-sourcepos=\"6:1-7:0\"><strong>Regular Updates:<\/strong><span>\u00a0<\/span>They keep themselves updated on the latest regulations and ensure your workforce remains compliant with any changes.<\/li>\n<\/ul>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;How much will it cost?&#8221; open_toggle_text_color=&#8221;#0A0A0A&#8221; open_toggle_background_color=&#8221;#FFFFFF&#8221; closed_toggle_background_color=&#8221;#FFFFFF&#8221; _builder_version=&#8221;4.25.0&#8243; _module_preset=&#8221;default&#8221; title_text_color=&#8221;#0A0A0A&#8221; title_level=&#8221;h4&#8243; title_font=&#8221;|600|||||||&#8221; title_font_size=&#8221;24px&#8221; title_line_height=&#8221;1.3em&#8221; body_text_color=&#8221;#0A0A0A&#8221; body_font_size=&#8221;1rem&#8221; title_font_size_tablet=&#8221;24px&#8221; title_font_size_phone=&#8221;21px&#8221; title_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Our pricing is flexible and depends on the number of countries and employees you need to manage. We offer customized quotes based on your specific needs. Please get in touch, we&#8217;ll be happy to help!<\/p>\n<p>[\/et_pb_toggle][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|phone&#8221; disabled_on=&#8221;off|off|off&#8221; _builder_version=&#8221;4.25.1&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;40px||8px||false|false&#8221; custom_padding_tablet=&#8221;70px||8px|||&#8221; custom_padding_phone=&#8221;40px||8px||false|false&#8221; scroll_fade=&#8221;0|4|96|100|0|100|100&#8243; scroll_fade_tablet=&#8221;&#8221; scroll_fade_phone=&#8221;0|5|100|100|0|100|100&#8243; scroll_fade_last_edited=&#8221;on|phone&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.25.1&#8243; _module_preset=&#8221;default&#8221; width_tablet=&#8221;&#8221; width_phone=&#8221;90%&#8221; width_last_edited=&#8221;on|phone&#8221; custom_margin_tablet=&#8221;&#8221; custom_margin_phone=&#8221;0px||||false|false&#8221; custom_margin_last_edited=&#8221;on|phone&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;0px||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.25.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text disabled_on=&#8221;off|off|off&#8221; _builder_version=&#8221;4.25.1&#8243; _module_preset=&#8221;default&#8221; text_line_height=&#8221;1.4em&#8221; header_2_font=&#8221;|700|||||||&#8221; header_2_text_align=&#8221;center&#8221; header_2_text_color=&#8221;#141414&#8243; header_2_font_size=&#8221;3em&#8221; header_2_line_height=&#8221;1.2em&#8221; custom_margin=&#8221;||40px||false|false&#8221; custom_margin_tablet=&#8221;||0px||false|false&#8221; custom_margin_phone=&#8221;||30px||false|false&#8221; custom_margin_last_edited=&#8221;on|phone&#8221; custom_padding=&#8221;|0px|||false|false&#8221; custom_padding_tablet=&#8221;|0px|||false|false&#8221; custom_padding_phone=&#8221;|0px|||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; text_line_height_tablet=&#8221;1.4em&#8221; text_line_height_phone=&#8221;150%&#8221; text_line_height_last_edited=&#8221;on|phone&#8221; header_2_font_size_tablet=&#8221;2.2rem&#8221; header_2_font_size_phone=&#8221;29px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221; header_2_line_height__hover_enabled=&#8221;off|desktop&#8221;]<\/p>\n<h2>Explore more solutions<\/h2>\n<p>[\/et_pb_text][dsm_card_carousel lazyload=&#8221;on&#8221; speed=&#8221;3000&#8243; autoplay_speed=&#8221;3500&#8243; space_between=&#8221;70&#8243; equal_height=&#8221;on&#8221; arrow_prev=&#8221;on&#8221; arrow_prev_font_icon=&#8221;&#x23;||divi||400&#8243; arrow_next=&#8221;on&#8221; arrow_next_font_icon=&#8221;&#x24;||divi||400&#8243; arrow_color=&#8221;#0A0A0A&#8221; arrow_background_color=&#8221;#FFFFFF&#8221; _builder_version=&#8221;4.25.1&#8243; _module_preset=&#8221;default&#8221; header_level=&#8221;h3&#8243; 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