Business owners and managers often look at whether to outsource payroll or keep it in house. Outsourcing payroll services can provide a significant benefit to both companies and their contractors while minimizing the companies costs and liabilities versus permanent employees. Managed payrolling services may be a good solution to allow you to focus on your core business objectives and save on costs. Here is a list of reasons why you should consider outsourcing payroll services:
Avoid the risks of working with independent contractors by using a structured consulting/projects company that is a true Corporation or a Staffing Agency
A 1099 contractor, or an “independent contractor”, is a legal and tax-related term used in the U.S. to refer to the type of worker that contracts their services out to a business or businesses.
When hiring a 1099 contractor, employers may face complicated tax issues, claims of misclassification, employee vs. contractor scenarios that create penalties, liabilities and various types of insurance. The employer is more vulnerable when paying them directly using the 1099 form method vs. using a structured Consulting/Projects Company that is a true Corporation or a Staffing Agency.
Meet some of the team behind CSS. We strive to help you solve the human capital puzzle by providing clients with permanent placement, contract to hire, MSP, payrolling, workforce compliance, and consulting services. This high achieving team specializes in finding top talent in Investment Banking, Private Equity, Alternative Investments, Technology, Operations, Sales, Media, and Consumer Goods.
CSS prides itself on diversity recruiting and we begin the process with us! Our team is made up of people from various backgrounds, countries and industries which is integral in finding talent. The CSS team is multi-cultural and lingual, fluent in English, Bosnian, German, Serbo-croatian, Punjabi, Hindi, Tamil, French, Italian and Spanish.
We look forward to working with you soon!