Where is the best site to get information on what you need to do to set up your company with employees and such?
I've searched this board, but can't seem to find anything.

Originally posted by SoftWareRevue
Where is the best site to get information on what you need to do to set up your company with employees and such?
I've searched this board, but can't seem to find anything.

i guess you are looking for some HRD issues.

www.office.com have some cool articles on employees etc. (run your business section)

cheers.

also you will get some good articles about nagotiation etc at www.askmen.com carriers and money section.

My advice is to go find a management company to handle your human resources needs. There's really two types - there are the basic payroll companies like ADP which will handle payroll for you and filing of forms, but you're on your own with regards to other H.R. issues. And then there are the total H.R. managers that handle not only payroll and tax filing, but also will get your employees insurance, bennies, and so on.

We use ADP for our payroll and I'll never, ever, ever go back to doing it myself. We tell them the person's payrate and how many hours they worked, and ADP cuts the paycheck, withholds the necessary withholdings, and files all the paperwork with the government (including new hire reporting, taxes, and for an extra fee they even handle our workers' comp management, which is really nice).

I've considered going to the total solution from another company, but at this point we're small enough that the only bennie we offer is health insurance and I don't mind handling that myself. If we started offering other things, though, I might decide to go with the total management.

But - payroll and human resources is not something you want to have the headache of dealing with, trust me. You'll figure that out the first time the IRS fines you $10,000 because your quarterly tax return (in the amount of only $3,000) is 4 days late!

Jason

Dennis, ADP is the only way to go. We pay like $80 for each check/direct deposit payroll run. That is it. They send all your W2s, quarterlies, and yearlies. These we just turn over to our CPA who comes in every once in a while. Payroll is now actually easy.

HR Direct is a good place to get all your compliancy forms and poster from. You the ones "No smoking - bad for your health" posters that have to be visible in your place of business. It is pretty cheap to get the package required in your state. Piece of advice - Never give them your fax number, only use a throw away hotmail address, and if you can, have them delivered the shipment to like mailbox etc.. HR Direct are the biggest junk mail, fax and spammer I have seen. I am not kidding. I get at least two pieces of mail, plus faxes every week.

As far as bennies, we don't offer any. We have health care and dental, but that is it.

The employee thing is actually pretty easy. The toughest part is finding good people that will work hard for a small company.

Thanks. :)

Those seem like some great ideas.

Now I have some reading to do. :(

So ADP handles everything, and just bills you monthly...or what? How does that work?

{EDIT} - I just took a look at ADP, only $250/month to handle all HR and taxes for 5 employees per month. Not bad.. Now I have to see what it is for more employees. It prob goes down per process per employee as your amount of employees goes up....if they do it based on quantity..

Originally posted by Webdude
So ADP handles everything, and just bills you monthly...or what? How does that work?

{EDIT} - I just took a look at ADP, only $250/month to handle all HR and taxes for 5 employees per month. Not bad.. Now I have to see what it is for more employees. It prob goes down per process per employee as your amount of employees goes up....if they do it based on quantity..

That's a lot more than we're paying. Now, we're only getting payroll/taxes processed (no other HR stuff) through them, but we pay about $5 per paycheck issued. Our pay cycle is every two weeks (not every week), so at what we're paying for 5 employees it'd only be about $50 per month. They submit taxes quarterly and I think they charge us around $50 to do that but I'm not 100% sure. But it certainly isn't $250/mo. for 5 employees at the rate we're paying for it.

Contact one of their sales reps and negotiate - they're often willing to drop prices. In our case, we were switching from another payroll company to ADP and they agreed to match prices with what we'd been paying before.

Oh - and there's two ways you can do the payroll - you can have them take everything out of your account each pay period (they withdraw all the payroll and taxes all at once), or you can have them cut the checks from your account and they just withdraw the taxes and their fees.

Jason

Sorry to ask but whatds HRD?

Also how about for Canada... Are their companies that take care of this?

Couldn't a small business simply Register, Open a bank account and Pay the employee(s) every two weeks based on what they earn? Do records need to be kept? So far its only me doing this so i dont need to worry about it but i am thinking of getting a support & sales rep in on this.

Sean

Originally posted by Sean
Sorry to ask but whatds HRD?
I *think* http://www.hrdirect.com

Originally posted by Sean
Also how about for Canada... Are their companies that take care of this?

Couldn't a small business simply Register, Open a bank account and Pay the employee(s) every two weeks based on what they earn? Do records need to be kept? So far its only me doing this so i dont need to worry about it but i am thinking of getting a support & sales rep in on this.

Sean

I don't know what Canadian law says, but here in the U.S. there is a *lot* that goes into doing payroll. First off, you have to deduct taxes - Federal income tax, FICA tax (that's what they now call what used to be called the social security deductions), and in most places a state income tax as well. You have to file quarterly estimated tax returns on behalf of your employees (paying into the gov't everything you deducted from the employees that quarter). There are specific tax rates you have to follow, that vary based on how much the employee earns.

You have to make sure all of this information is provided to the employee each week (the paycheck stub has to include their pay for that week, their year-to-date pay, and a break-down of taxes both that pay period and year-to-date as well), and at the end of the year you have to issue a W2 form to the employee and an annual return to the government (both federal and state).

Combine with that the fact you also have to report new hires to the government, report any terminations/quits to the government, and a whole mess of other related paperwork...

Well, needless to say, payroll is a royal pain in the rear. And that's why the best suggestion I can give to you is to get a payroll company, like ADP, to handle all of that for you.

Good luck,

Jason

Can anyone give any help for getting employees, or running a registered company in the UK?

Alan

Has anyone used surepayroll.com? They charge a monthly fee of $25 plus $1.00 per employee transaction. So, if you pay your employees twice a month, it will cost you $2.00 per employee above the $25.00 fee and they handle all of the payroll issues.

I love paychex ( in NJ )

they handle everything for me when it come to payroll, all I have to do wait for a phone call. I run over the phone with them how much for each person.

cost = 16 employees ( over 3 firms ) paid twice a month. 166.00 that's it per month for the entire thing. ( well that's what they charge me I don't have the break down in front of me.)

Never have a tax problem and all the employees are on checks. ( stay with checks and enjoy the float for a few day's, every hundred grand in the interest bearing account makes you 8 bucks per day. Learned that one from Ivan Boskie)

-Sqposter / Michael

If you are looking to hire employees, you need to be concerned more about other things too (besides payroll) such as insurance, taxes, workers comp, and so on. You may want to look into outfits called PEO (Professional Employer Organizations , I think) which provide a one-stop solution.

ADP is expensive compared to a lot of local companies. There are a lot of local payroll companies that will do it for less and provide better service. Besides, do some business with your local companies rather than helping create national monopolies and giants (just my opinion) and it might help your local business too.

www.office.com have some cool articles on employees etc. (run your business section
That site is dead, there is not much there. They have removed a lot of content and looks like they have sold assets of their subsidiaries. Their parent winstar is bankrupt and I think they are just keeping this site alive so they can dump it to some other buyer.