Outsourced Payroll Services
Save up to 75%* of your payroll overhead costs with our outsourced payroll service.
We manage the processing and reporting requirements for each pay run, so that you can focus on running your business.
END-TO-END PAYROLL SOLUTION
NO HIDDEN FEES OR PROCESSING COSTS
Questions you should ask yourself about your payroll partner
Questions you should ask yourself about your payroll partner
Do they know everything about your kind of payroll?
Do they have the runs on the board?
Do they take your compliance seriously?
Is their payroll system state of the art?
Is their system easily implemented and does it integrate with other systems?
Is their pricing affordable and transparent (i.e. no hidden fees)?
Who are we?
An Australian business with a rich 25 year history, Employment Innovations has grown to become a trusted name in the outsourced services industry. If you need payroll, HR or legal services, we have the expertise and resources to help your business grow and prosper; whether you have 20 or 2,000 employees.
Payroll solutions built for any business
We deliver outsourced payroll services to companies of all sizes and industries. Our industry-leading solution provides businesses with the ultimate level of pay run support, providing the best for Australian businesses.
Extensive reporting available including EOFY processes and submission of TFN declarations to the ATO.
Single Touch Payroll
Your payroll information will be sent directly to the ATO when we process your pay run, ensuring you’re compliant with payroll and tax obligations.
Our system accesses Australia’s largest modern award library to calculate pays in line with penalty rates, overtime rules and conditional allowances.
Our system automates a range of payroll decisions regarding terms of employment including public holidays, overtime, split shifts, RDO’s and time in lieu accruals.
While our outsourced payroll solution comes with powerful HR software, it can also be integrated with platforms such as Employment Hero, Deputy, Saasu, Kounta, WageLoch, Invoxy, NoahFace Shift, Xero, Netsuite and QuickBooks.
We employ proven payroll implementation processes to ensure you are up and running with confidence in no time.
End-to-end payroll processing of employee salaries (weekly, fortnightly or monthly) is delivered by locally-based payroll partners in our Sydney, Melbourne, Brisbane and Perth offices. All are experts in delivering managed payroll for businesses of every size
An end-to-end payroll solution
Your payroll processing partner takes care of every aspect of the payroll process from penalty rates to super contributions.
No hidden fees or costs
We offer transparent pricing in the form of a low annual subscription fee, based on the number of employees you have. Outsourcing your payroll to us can save you up to 75% of your payroll overhead costs.
Outsourcing to a specialist payroll team gives you access to expert knowledge regarding compliance and best practice procedures.
We use the very latest payroll processing tools and software, giving you all the benefits without the cost of ownership.
As an outside company with our own stringent checks and balances, we remove your inhouse risk of payroll fraud and key person loss.
Outsourcing the payroll process frees up your staff and allows them to focus on core business activities.
Reasons Why Australian
Businesses Outsource Payroll
Australia has a complex myriad of laws governing employment at both a State & Territory and federal level that cover minimum pay rates, minimum terms and conditions, leave entitlements, public holidays, termination of employment, workers compensation, privacy, superannuation and taxation (including fringe benefits), jury duty and record keeping.
The Fair Work Act is the primary piece of legislation governing employment in Australia. The Fair Work Ombudsman is now targeting directors, HR professionals, payroll officers, accountants and franchisors to make them potentially liable to prosecution in the event of any contraventions of the Fair Work Act by their business or franchisees.
Outsourcing your payroll will give you access to specialised expertise to not only navigate pay compliance queries but also receive advice on best practice approaches in managing your payroll.
Better utilisation of technology
Businesses are often finding themselves subscribed to a number of different solutions for accounting, rostering, HR and payroll – or perhaps only using the basic payroll features within their existing accounting suite and therefore not gaining any additional value from product features that exist today in leading payroll and HR software systems.
Any change in technology also adds to implementation and training costs for your staff if running payroll internally – and the resistance to change is also greater.
Risks that need to be managed relate to security, fraud and key person loss. Payroll fraud costs businesses a lot of money and can arise in a number of different creative ways such as ghosting, inflating time or rates and redirecting funds.
Sensitive processes such as payroll management are procedures that add significant weight to a single person or team of people that already have their hands full. When you outsource payroll, it frees up your time to focus on the other responsibilities that come with running a business.
In addition to the costs associated with maintaining in-house payroll software, you also have the cost of financing in-house payroll resources (salaries and on-costs), ongoing training, administrative overheads and recruitment costs.
The latest payroll benchmarking report discovered that it costs the average business with under 200 employees $36.30 per payslip* to manage payroll in-house. Small businesses can save up to 75% of their payroll overhead costs** by outsourcing their payroll
* Payroll Benchmarking Reports 2017 & 2018, Australian Payroll Association.
** Comparing the average cost per payslip for a fortnightly in-house payroll function for a business with less than 200 employees (Payroll Benchmarking Report 2018, Australian Payroll Association) with Employment Innovation’s outsourced payroll solution.
What are the consequences of payroll errors?
There are typically only 3 things that contribute to errors in the payroll process – people, processes and technology. Highly skilled payroll professionals are very hard to attract and retain in Australia – they are in high demand. Most payroll mistakes are made because the person processing payroll lacks knowledge, skills and training.
Symptoms of poor payroll processes and systems that need improving include:
- Employees and managers complain of errors and delays;
- There is a significant amount of manual work involved;
- Information is not easily accessible, and reporting does not provide any valuable insights; and
- Frequent off-cycle payments are being made to fix errors.
If your payroll processes display any of these symptoms, it may be time to think about outsourcing your payroll. You can complete a self-service health check using Employment Innovations resources.
How to choose the right Outsourced Payroll partner
In 2018, it is estimated that 24.7% of all Australian businesses and 37.8% of Australian SMEs with less than 200 employees are now operating under an outsourced payroll model, up from 21.3% and 28% respectively in 2017*.
Choosing the right outsourced payroll provider for your business comes down to a few critical factors:
- Proven track record;
- Compliance focus;
- Technology and features;
- Reporting capabilities;
- Integration options;
- Access to services that drive long term partnerships and expansion with your business.
If you’re looking to partner with a payroll service, find out more about the questions you should be asking your potential payroll partner.
Why Choose Us?
Join 650+ clients who already choose to outsource their payroll with Employment Innovations. Our team of Payroll experts process 66,330 payslips monthly, which equates to $137,430,000 pay processed each month.
MONTHLY PAYSLIPS PROCESSED
MONTHLY PAY PROCESSED ($)
AUSTRALIAN HR INSTITUTE (AHRI) MEMBERS
THE ASSOCIATION FOR PAYROLL SPECIALISTS (TAPS) MEMBERS
QUALIFIED BAS AGENTS
CERTIFIED HR PRACTITIONERS (CHRP) ACCREDITATION FROM AHRI
Hear from some of our Outsourced Payroll clients
Chatime’s national network of stores benefit from ongoing compliance, along with outsourced payroll services and HR solutions:
GoGet saved money and lowered risk through HR and payroll management with EI Outsourced Services:
The Agency enjoy a flexible HR and payroll management solution, with outsourced compliance across its entire national network:
Enquire about our outsourced payroll service today
Want to find out how our outsourced payroll services can save you time and money? Fill in the form and one of our payroll experts will be in touch with you shortly.