Cost

How Much Does Payroll Outsourcing Cost in New Jersey?

Depending on a variety of factors, outsourcing payroll can cost as little as $20 in New Jersey, up to as much as $115 per employee per month. This guide will help you figure out how much you might pay for payroll outsourcing in your business.

Factors Affecting Payroll Outsourcing Costs in New Jersey

There are several cost influencers when it comes to outsourcing your payroll. Let’s explore the key factors.

Size of your workforce

The size of your workforce significantly affects the cost of outsourcing payroll. Providers charge more for larger workforces because processing payroll for more employees demands more time and resources.

Pay frequency

How often you pay your employees can impact your payroll outsourcing cost. If you pay your employees weekly, you might pay more for payroll services than if you pay them bi-weekly or monthly.

Additional services

While basic payroll services such as processing payroll checks and calculating taxes are included in the base fee, any extra services you require will increase the cost.

Average Cost of Outsourcing Your Payroll in New Jersey

To give you a better understanding of costs, we’ve gathered some New Jersey-specific figures.

Base Fee

Most payroll outsourcing companies have a base fee that ranges from $20 to $100 per month. This fee covers a specific number of employees and includes basic payroll services.

Per-Employee Fee

Beyond the base fee, many providers charge a per-employee fee. This typically ranges from $2 to $15 per employee per month.

Additional Cost Based on Pay Cycle

If you pay your employees weekly, you might pay more for payroll services than if you pay them bi-weekly or monthly.

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Choosing a Payroll Service Provider in New Jersey

Now that you understand the costs involved, let’s explore how to select the right payroll company for your business.

Research Different Providers

Don’t just settle for the first provider you come across. Take the time to research different companies and compare their pricing and services.

Evaluate Their Services

Check what services each provider offers and whether they meet your specific needs. Also, consider their customer service reputation.

Consider Their Pricing Structure

Analyze the pricing structure of each provider. Understand what the base fee includes and what costs extra.

Smart Buying Begins With Knowledge

Reducing Payroll Outsourcing Costs

There are strategies to help you reduce payroll outsourcing costs without compromising the quality of service.

Negotiate With Your Provider

Don’t be afraid to negotiate with your provider. They may be willing to lower their prices to secure your business.

Streamline Your Pay Cycle

Consider paying your employees less frequently to reduce the number of times the payroll provider has to process payroll.

Limit Additional Services

Evaluate if you really need all the additional services. Cutting out unnecessary services can significantly reduce costs.

How It Works

What Type of Solution Do You Need?

Payroll

Tax Filing

Direct Deposit

What Type of Industry Are You In?

Accountants

Churches

Non-profits

Restaurants

Technology

Hospitality

Manufacturing

Payroll Companies in New Jersey

The Team Solution, Inc

Lakewood, NJ 08701

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Accounting Office Outsourced

319 Us Highway 130, East Windsor, NJ 08520

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QX Accounting Services Inc.

18 Broad St, Bloomfield, NJ 07003

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Oasis Outsourcing

110 Fieldcrest Ave, Edison, NJ 08837

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Liberty Payroll Solutions

52-54 Rome St, Newark, NJ 07105

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Outsourcing payroll in New Jersey doesn’t have to break the bank. With the right understanding of the cost factors involved, you can make a smart choice and get the best value for your money.

FAQs

  1. What is the average cost of payroll outsourcing in New Jersey?
    The average cost of payroll outsourcing in New Jersey ranges from $20 to $115 per employee per month, depending on various factors.
  2. What factors affect the cost of payroll outsourcing?
    The cost of payroll outsourcing is influenced by the size of your workforce, the pay frequency, and any additional services you require.
  3. How can I reduce my payroll outsourcing costs?
    You can reduce your payroll outsourcing costs by negotiating with your provider, streamlining your pay cycle, and limiting additional services.
  4. How do I choose a payroll service provider?
    Research different providers, evaluate their services, and consider their pricing structure to select the right payroll service provider.
  5. Does the pay frequency affect payroll outsourcing costs?
    Yes, the pay frequency can affect payroll outsourcing costs. If you pay your employees weekly, you might pay more for payroll services than if you pay them bi-weekly or monthly.

Payroll Outsourcing Services in Newark, Payroll Outsourcing Services in Jersey City, Payroll Outsourcing Services in Paterson, Payroll Outsourcing Services in Lakewood, Payroll Outsourcing Services in Elizabeth

New Jersey Zip Codes Where We Provide Payroll Outsourcing Services

Newark

7105, 7104, 7107, 7106, 7103, 7112, 7108, 7102, 7114

Jersey City

7305, 7306, 7302, 7304, 7307, 7310, 7311

Paterson

7501, 7522, 7514, 7503, 7502, 7524, 7513, 7504, 7505

Lakewood

8701

Elizabeth

7202, 7208, 7201, 7206

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