What Nonprofits Need to Know About Outsourcing Payroll

Описание: Payroll services are an essential part of most nonprofit's operation, involving the managing of employee payments, taxes, and benefits. These services typically begin with the hiring process and continue all the way through to retirement. With the expanding remote and hybrid workforces, one of the challenges of managing payroll services is dealing with the different geographies and tax systems of remote workers and the cost to track these dynamics. Chris Poese from PayEntry.com shares his expertise in payroll services in this primer. If you lead or work for a nonprofit, social impact, or service organization, or are considering starting one, The Nonprofit Show is an invaluable resource for staying up-to-date on the latest nonprofit information and operating strategies to help you achieve an amazing social impact.

00:00:00 Introduction to Payroll Services with Chris Posey
00:00:40 What is Pay Entry and How It Supports Nonprofits
00:02:56 Understanding Payroll Processing and Its Challenges
00:04:42 Budgeting and Transparent Pricing for Payroll Services
00:07:49 Serving Nonprofits of All Sizes Including Solo Staff
00:10:31 Outsourcing vs In-House Payroll Key Considerations
00:12:50 Remote Workforces and State-by-State Compliance
00:15:27 Implementation Timelines and NPS Scores in Payroll
00:18:57 Interview Questions to Ask Potential Payroll Providers
00:21:45 Ownership of Payroll within Your Nonprofit Team
00:25:05 Scaling with Your Organization and Vertical Versatility
00:26:46 Workforce Evolution and Why It Matters for Payroll


#fundraising #nonprofit #socialimpact #TheNonprofitShow