How much does it cost to outsource payroll?

Factors that influence cost

How much it costs to outsource payroll can vary widely depending on several factors, including the size of your business, the complexity of your payroll needs, and the specific services offered by the payroll service provider. Here are some factors that can influence the cost of outsourcing payroll in Australia.

  • Number of employees: The more employees you have, the higher the cost is likely to be, as there is more work involved in processing payroll for a larger workforce.
  • Payroll frequency: If you have multiple payrolls each month, it may be more expensive than a monthly payroll.
  • Services included: Some payroll service providers offer a range of additional services, such as managing leave and entitlements, handling superannuation (retirement savings), and providing HR support. The more services you require, the higher the cost may be.
  • Customisation: If you have unique payroll needs, such as complex salary structures, bonuses, or commissions, the cost may increase as the provider may need to tailor their services to your requirements.
  • Compliance requirements: The cost can be influenced by the complexity of payroll compliance in Australia, including taxes, superannuation, and other regulations.
  • Industry and location: The cost can vary based on the industry your business operates in and its location.
  • Provider reputation: Established and reputable payroll service providers may charge higher fees for their services.

It's essential to get quotes from multiple payroll service providers in Australia to compare their offerings and pricing. Typically, you can expect to pay anywhere from a few hundred dollars to a few thousand dollars per year, per employee, for outsourced payroll services. The cost may also depend on whether you opt for full-service payroll outsourcing or

How much does it cost to outsource payroll?
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Want to outsource your payroll?

Now that you have a better understanding of how much it can cost to outsource payroll, you should take a moment to check out our outsourced payroll services.

There are many reasons why you may wish to outsource your business's payroll function, including:

  • Time & cost savings
  • Compliance & regulatory expertise
  • Access to technology
  • Improved scalability
  • Confidentiality & security
  • Reduced risk of errors

If any of these reasons resonate with you, then you should click the button below to learn more about our services.

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