Payroll Outsourcing happened to be the one that met the requirements of the company, here are some of the things that the company should consider... TrendStatic Corporation is also a payroll outsourcing provider located in Ortigas Centre, Pasig Philippines. We are happy to meet with you for us to assess your company’s payroll requirements. For more detailed information about this topic or you want assessment for your company, please feel free to contact us by filling up the blue form, and we will contact you as soon as we read your message. We would like to help and assess your business needs. If it's cool for you, we can set a meeting base on the information you've just read. You can either call us at: (02) 546 6024 / (02) 546 5467 / (0932) 653-3070 / (0917) 806-5985 or visit us at, Website: http://trendstatic.com Like us on Facebook: http://facebook.com/trendstatic Office Address: 910 Tektite West Tower, Philippine Stock Exchange Bldg. Exchange Road Ortigas Centre, Pasig 1605 Metro Manila Looking forward to provide solutions to your business :D

1. THINGS TO CONSIDERIN
PAYROLL OUTSOURCING

2. There are many ways for computing payroll. Each of those methods
can be the best according to the type of your business. It is very
important that the company will choose a method wherein the
business can save time, money and man power. Given the options, if
Payroll Outsourcing happened to be the one that met the
requirements of the company, here are some of the things that the
company should consider:
THINGS TO CONSIDERIN
PAYROLL OUTSOURCING

3. HERE ARE SOME OFTHETHINGSTHATTHE COMPANY SHOULD CONSIDER:
1. COST
For internal payroll processing, you have to hire and train people, buy and maintain payroll
software, pay for the documents needed to be processed.This can be good in small
businesses with less than 20 employees. However, if the company has more employees,
payroll outsourcing will take all the responsibility and it will be cost efficient but also time
saving.

4. HERE ARE SOME OFTHETHINGSTHATTHE COMPANY SHOULD CONSIDER:
2. AMOUNT OFTIME
Examine the pay frequency of your company. Some companies pay employees weekly,
monthly or bimonthly. If your company has hundreds or thousands of employees, amount
of time will be a big consideration. Determine if the provider will meet the deadline
accurately and promptly done hence there will be no delayed paychecks.

5. HERE ARE SOME OFTHETHINGSTHATTHE COMPANY SHOULD CONSIDER:
3. DATA SECURITY
Handling your data to a third party can is difficult to some companies, especially sensitive
data, leaving them the option to do in house payroll management. But if not, outsourcing
can help the company on its payroll service.

6. HERE ARE SOME OFTHETHINGSTHATTHE COMPANY SHOULD CONSIDER:
4.RISKTOLERANCE
Mistakes are inevitable even the top payroll provider will commit small mistakes once in a
while. Policies are made for this type of scenarios - some provide financial restitutions, verify
if this agreement will satisfy you.This is to make sure of their accountability.

7. HERE ARE SOME OFTHETHINGSTHATTHE COMPANY SHOULD CONSIDER:
5. COMMUNICATION WITHTHE PROVIDER
It is easier to have a provider that is accessible to the company. If the company is in the
Philippines, make sure to get a Philippine based provider. It will assure you that when
problems arise, you can contact them easily or go to their office for clarifications.

8. THINGSTO CONSIDER IN CHOOSING A PAYROLL OUTSOURCING PROVIDER
1. PROVIDER'S EXPERIENCES
There are many payroll outsourcing agencies here in the Philippines with different levels of
skills and experience. Figure out who are their clients, it can be small or big companies and
determine whether those experiences will meet the needs of your company.

9. THINGSTO CONSIDER IN CHOOSING A PAYROLL OUTSOURCING PROVIDER
2. PRICE AND PACKAGES
Payroll agencies charge fees differently. Some charge higher when there is a large number
of employees involved, some offer discounts. Choose the most appealing packages that will
suit your business' needs and identify the amount that your company is willing to pay for the
service. List and find a provider that will match with your budget.

10. THINGSTO CONSIDER IN CHOOSING A PAYROLL OUTSOURCING PROVIDER
3. ACCOMMODATEYOUR BUSINESS' GROWTH
One of the company's mission is to grow - not only by profit but also expanding its business
and people.Check if the payroll outsourcing provider can adjust and accommodate your
expanding team. By then, verify the payment scheme that the service provider will charge
whenever it happens.

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