Customized Payroll Reports
that help you manage your payroll percentages
that help you manage your payroll percentages
Running your company is as easy as looking at the percentages. Typically, the most widely agreed upon percentage of payroll to revenue is 33 1/3%. This does not include compensation of officers and owners. When you add health insurance, dental and vision insurance, supplemental life, etc., you end up with a big bowl of number spaghetti. Depending on who processes your payroll, how much you have paid in unemployment insurance, or how great your turnover is, the moving parts can be quite the challenge to keep up with.
Customized payroll reporting keeps your eyes on the prize. Depending on what industry/profession you are in, these customized reports can be vital to your company growth. Organizing the payroll data is a niche that EC3 has perfected.
Benefits
Benefit reporting is one way to effectively stop shrink in payroll. When you the company makes that one lump payment to an insurance carrier, that lump sum is broken into little parts that each employee owes. This is one of the easiest ways to lose sight of spending.
Real data to project future labor costs
Customized payroll reporting also helps companies predict how much future spending is needed based on projected growth.
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