100% of clients are paying less by using our fully payroll managed service — can you?
August 2007: Trace Payroll Services, is today challenging businesses to take the Trace Payroll Challenge by using it's Payroll Cost Calculator. 100% of Trace Managed Payroll clients, whom have switched from in-house to fully managed Payroll, are now paying less.
The Trace Payroll Cost Calculator, found at www.tracepayroll.com/calculator offers companies the chance to investigate the hidden costs of running payroll in-house. The calculator includes the standard costs associated with running payroll, which are direct salary costs and staff overheads. However, it also asks businesses to consider all other costs involved with running and managing their payroll, such as sickness and maternity cover, support for payroll software and hardware etc. Users are then provided with the true cost of running their payroll in-house ready for comparison.
Ian Davidson, Sales & Marketing Director at Trace Payroll Services Limited comments, "The real issue is that most companies running their payroll in-house do not know the true cost of doing so. The usual calculation is to look at the salary of the person(s) running payroll and the cost of the payroll software. However, as our calculator indicates, there is much more to it and the costs are generally higher than most people would expect. We are therefore asking businesses to Take the Trace Payroll Challenge and see if they can save themselves money by using our fully managed service."
A Finance Director of a services company said: "We used the Trace Payroll Calculator when reviewing how we managed our payroll for 115 monthly paid employees. It is a valuable tool and certainly helped us realise exactly how much it was really costing us to run our payroll in-house. This figure turned out to be far more than we had initially thought, as it includes many hidden costs one tends to overlook. By adopting the fully managed payroll service from Trace, we estimate we are now saving at least £30,000 per annum."
For further information please call 01372 825151 or visit www.tracepayroll.com
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