#11. What is your pricing model?

Be aware that payroll services are competitive and reflect local conditions. The typical basic service includes a per-check (or pay transaction), PLUS a base account or processing fee per pay period. Less frequent pay periods typically have higher costs per pay period, however annually the overall costs are less.

• Their individual costs for any and all additional services.
• Tax filing fees.
• Direct Deposit fees (typically a per payroll period, plus a transaction cost).
• Set-up fees for initial set-up, adding and/or dropping employees.
• Fees for updating or adjusting employee information.
• Any additional fees charged for anything during the year. There should be NO SURPRISES!
• Others may have a higher base cost, but their add-on features are less costly. You must be certain that you know what you want first and then provide each potential payroll source with the same exact list of what you need in the way of features.
• Pricing for services is frequently confusing. However, it’s important that you do your homework. Some providers have low cost basic services but are expensive with add-ons such as direct deposit, or stuffed envelopes or delivery. Make sure that when you are comparing cost you are really looking at Apples to Apples.

How does Payroll Masters™ compare to others on this question?

FREE Pricing Model & Conversion Estimate: Even if you’re just thinking about outsourcing your payroll service, be sure to ask us about our FREE Pricing Model & Conversion Estimate so that you are prepared with enough information to make sure you don’t have any surprises.

For more information, Click Here or call us at 800.963.1428.