17
Nov

The Important Benefits of Using a Payroll Provider

Written by Best Financial Magzine. Posted in Canadian employer of record services, Federal income tax payroll deductions, Small business payroll solutions

Canadian employer of record services

One of the things that businesses notice as they grow is that tasks like payroll begin to take up more time. In fact, payroll services can turn into a full time job and many businesses will bring on an employee or an entire payroll team to handle the new tasks. The other option, however, is to hire a business management services company that handles all company payroll services. Either way, it is important to dedicate the payroll taxes to a specific person or company for the following reasons.

For easy onboarding of new employees
A single new employee often takes hours to onboard. After the initial interview

08
Aug

Challenges an American Company Faces Hiring Canadians

Written by Best Financial Magzine. Posted in Federal income tax payroll deductions, How to calculate payroll deductions, Medical record scanning services

Outsourced payroll providers

A business owner must do everything possible to find the right talent. No company wants to find themselves limited by location. You don’t want to miss out on finding the right employee. Many American companies have avoided hiring Canadians in the past due to payroll and tax issues. Professional employer organizations have enabled companies to hire outside of the United States with ease. In this post, you will learn about five challenges American companies face when hiring Canadian employees.

  1. Insurance Costs

    One challenge a business owner faces is finding the right insurance plan for employees. Companies who are unable to find the best insurance plan may not have an attractive employee benefits packages to offer. A business without the right benefits may never lan