After deciding you want to outsource your payroll responsibilities, the next question is “how much is this going to cost?”
Regarding how other payroll companies price their services, they base their fee off of a percentage of the total payroll for that company. They range from 1% to even 4% or 5%. The problem with this method is that these payroll companies would get paid extra if you gave one of your employees a raise, hired a new employee, or your company is really successful and you increase your overall payroll. So, they would be getting paid more to do the same amount of work and you would be punished because you are doing well. Who would want to be punished for being prosperous?
Here at AYS Employee Leasing we do what is called flat rate pricing. This is when you are charged the same amount per payroll every time no matter what employee changes occur through your business. Another upside to flat rate pricing is, as the business owner, you are able to already calculate the amount you’re spending into your budget without having to worry that the cost will mysteriously sky rocket. We do this because our company philosophy stresses the importance of taking caring of our customers and making sure they have the highest quality of support and services for the lowest possible rate. They are not just a number to us like they would be at other payroll companies. They are a part of our community and we want them to be as prosperous as possible; we don’t drag you down with high unnecessary prices.
Another plus with flat-rate pricing for our clients is there are no hidden fees either. No extra cost for W-2’s at the beginning of the year. Need a policy or safety handbook? There is no extra cost. Along with that, there no extra fees for direct deposits or delivery of checks. Have a HR question you need clarified? Call us any time free of charge!
In a nutshell, AYS’s mission is to have high quality customer service at a reasonable rate without sacrificing quality. Our clients success is our payment, instead of a growing percentage of their payroll!