Banking

Outsourced Payroll Administration: How A ASO Solution Helps Your Human Resources Problems

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Executive Summary

Next time you get your wages you should seriously consider taking your Payroll Administrator out for coffee. Payroll Management is an extraordinarily complicated job. Here is an example of the work a Payroll Administrator must perform to do her job. In any given pay period, your Payroll Administrator must process and issue employee paychecks plus calculate statements of earnings and deductions. She has to keep accurate track of employee time, absenteeism and other records. She also has to provide information to workers and executives on payroll matters, benefit plans, and collective agreement provisions.

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