How Payroll Outsourcing Impacts A Business
Payroll outsourcing is the practice of hiring an external vendor to manage and oversee all of a company‘s payroll needs. It includes taking responsibility for the entire payroll process, such as calculating and paying wages and salaries, calculating and remitting withholding taxes, and keeping payroll records.
The company pays the outsourced payroll provider a fixed fee per payroll cycle, plus additional fees for non–standard requests and services. It also eliminates the need for in–house HR staff, reducing staffing costs. Disadvantages of payroll outsourcing include a lack of control over the accuracy of payroll information and potential concerns over sensitive payroll information falling into the wrong hands.
Total Respondents 34
1. Do you currently process your payroll within your company?
Answered 34, Skipped 0, Response Total 0
Answer Choice
Selections
% All Question Responses
% All Survey Response
Yes
1
2.94%
2.94%
Payroll is handled by a third party.
4
11.76%
11.76%
Maybe
0%
0%
0%
Other
0%
0%
0%
2. How would you describe your payroll frequency?
Answered 34, Skipped 0, Response Total 0
Answer Choice
Selections
% All Question Responses
% All Survey Response
Weekly
11
% All Question Responses
% All Survey Response
Bi-weekly
20
% All Question Responses
% All Survey Response
Monthly
2
% All Question Responses
% All Survey Response
Bi-Monthly
1
% All Question Responses
% All Survey Response
3. The department involved for processing the Payroll of your company is/are:
Answered 34, Skipped 0, Response Total 34
Answer Choice
Selections
% All Question Responses
% All Survey Responses
Payroll Staff
16
47.06%
47.06%
Payroll Manager
11
32.35%
32.35%
Accounting Clerk
1
2.94%
2.94%
HR Manager
6
17.65%
17.65%
4. How would you rate the professionalism of your payroll outsourcing service?
Answered 34, Skipped 0, Response Total 34
Answer Choice
Selections
% All Question Responses
% All Survey Responses
Exceptional
13
38.24%
38.24%
Good
16
47.06%
47.06%
Average
3
8.82%
8.82%
Needs Improvement
2
5.88%
5.88%
Unacceptable
0%
0%
0%
5. How many employees do you have in your company?
Answered 33, Skipped 1, Response Total 34
Answer Choice
Selections
% All Question Responses
% All Survey Responses
10-50
3
9.99%
8.82%
50-100
8
24.24%
23.53%
100-300
6
18.18%
17.65%
300-500
1
3.03%
2.94%
500-1000
2
6.06%
5.88%
100+
13
39.39%
38.24%
6. Do you have payroll processing software in your company?
Answered 33, Skipped 1, Response Total 34
Answer Choice
Selections
% All Question Responses
% All Survey Responses
Yes
24
72.73%
70.59%
No
5
15.15%
14.71%
Maybe
3
9.09%
8.82%
I don’t Know
1
3.03%
2.94
7. Do you work overtime to complete the payroll process?
Answered 33, Skipped 1, Response Total 34
Answer Choice
Selections
% All Question Responses
% All Survey Responses
Yes
23
39.70%
67.65%
No
10
30.30%
29.41%
I don’t know
0
0%
0%
8. Rank the difficulty level of working in your software where 1 is not difficult and 5 is extremely difficult?
Answered 33, Skipped 1, Response Total 34
Answer Choice
Selections
% All Question Responses
1
9
27.27%
26.47%
2
3
9.09%
8.82%
3
12
36.36%
35.29%
4
6
18.18%
17.65%
5
3
9.09%
8.82%
Mean, Median, Mode
2.73, 3, 3
9. How is it beneficial for the company’s overall performance?
Answered 33, Skipped 1, Response Total 34
Answer Choice
Selections
% All Question Responses
% All Survey Responses
Extremely beneficial
20
60.61%
58.82%
Very beneficial
9
27.27%
26.47%
Somewhat beneficial
4
12.12%
11.76%
Not beneficial
0
0%
0%
10. Do you think this payroll policy helps to focus on the company’s main goal?
Answered 32, Skipped 2, Response Total 34
Answer Choice
Selections
% All Question Responses
% All Survey Responses
yes
28
87.50%
82.35%
No
4
12.50%
11.76%
11. How is it beneficial for the company’s overall performance?
Answer Choice
Selections
% All Question Responses
% All Survey Responses
Extremely beneficial
16
50.00%
40.06%
Very beneficial
13
40.62%
38.24%
Somewhat beneficial
3
9.38%
8.82%
Not beneficial
0
0%
0%
12. In your view the third party selected is best for outsourcing?
Answered 32, Skipped 2, Response Total 34
Answer Choice
Selections
% All Question Responses
% All Survey Responses
Yes
31
96.88%
91.18%
No
1
3.12%
2.94%
Mean, Median, Mode
1.03, 1, Yes
13. In your views, is outsourcing all employee’s data to a third party safe and secure?
Answered 32, Skipped 2, Response Total 34
Answer Choice
Selections
% All Question Responses
% All Survey Responses
Agree
29
90.62%
85.29%
Disagree
3
9.38%
8.82%
14. How long have you been working with the organisation?
Answered 32, Skipped 2, Response Total 34
Answer Choice
Selections
% All Question Responses
% All Survey Responses
0-6 months
1
3.12%
2.94%
6months – 1 year
8
25.00%
23.53%
1year – 3 years
14
43.75%
41.18%
3 years or more
9
28.12%
26.47%
15. According to you, rate the outsourcing of payroll to third party?
Answered 32, Skipped 2, Response Total 34
Answer Choice
Selections
% All Question Responses
% All Survey Responses
Below average
0
0%
0%
Average
5
15.62%
14.71%
Good
12
37.50%
35.29%
Outstanding
15
46.88%
44.12%
16. Is outsourcing helpful for the company and employees?
Answered 32, Skipped 2, Response Total 34
Answer Choice
Selections
% All Question Responses
% All Survey Responses
Agree
31
96.88%
91.18%
Disagree
0
0%
0%
Don’t know
1
3.12%
2.94%
17. How user-friendly is this new payroll outsourcing?
Answer Choice
Selections
% All Question Responses
% All Survey Responses
Below average
0
0%
0%
Average
4
12.50%
11.76%
Good
8
25.00%
23.53%
Outstanding
20
62.50%
58.82%
18. Please give a rating to this survey ?
Answered 32, Skipped 2, Response Total 34
Answer Choice
Selections
% All Question Responses
% All Survey Responses
1
0
0%
0%
2
0
0%
0%
3
1
3.12%
2.94%
4
9
28.12%
26.47%
5
22
68.75%
64.71%
Mean, Median, Mode
4.66, 5, 5
