We run daily payroll to ensure our workers are paid quickly and on time
When deciding which outsourced payroll company to work with, you want to know that your drivers will be compliant and well looked after. Here at Drivers Paye we do both. We want to make sure your drivers are happy so they can focus on delivering outstanding services for your business and end clients. We keep things very simple and only offer a PAYE service. We operate a fully HMRC compliant solution with all the benefits of being employed. Holiday pay, SSP, SMP, pensions, etc. All tax and NI is deducted and paid to HMRC on time and reported via RTI.
Outsourced Payroll Function
What is payroll outsourcing and why you should consider it?
Outsourcing of payroll presents an opportunity for businesses. It’s an opportunity to not only save the company valuable time and money, but also to ensure the business operates a risk free, secure, and compliant payroll function.
The need to comply with regulations imposed by HMRC and The Pensions Regulator means payroll is now a complex and significant legislative burden, so there has never been a better time to consider outsourcing it.
A fully managed payroll service offers end to end processing of a company’s payroll, including the setup, administration and support with auto-enrolment, payroll reporting and provision of Payslips and P60s.
Reduce payroll related costs
Companies can save money in a number of different areas when they outsource their payroll, including:
- Employers NI – A costly burden for all employers
- Pension contributions, Holiday pay, sick pay, maternity pay, HR and admin functions, insurance, bank charges – to mention the obvious ones
- Training – Training payroll staff is essential to keep up with legislation and remain compliant.
- Software – Depending on employee numbers, it’s likely businesses will be paying a licence fee for in-house payroll software.
- Salaries – Reduce the time spent on payroll processing, research, and training.
Save time through payroll outsourcing
Outsourcing payroll will give business leaders back time to focus on growing the business versus time spent on an admin intensive exercise. We see many cases with clients who switch to us from an in-house provision where senior figures within the business are spending valuable time processing payroll and managing staff.
Compliance peace of mind - payroll is more than ‘pressing a button’
When it comes to payroll, it’s often said that ‘it’s just a case of pressing a button’. However, there is much more to it than that. There are currently 174 pieces of legislation which directly affect payroll so it’s essential that payroll staff are up to date in this ever-changing area. This takes time and resources but it’s crucial to reduce the risk of non-compliance. Market leading payroll software now exists, but this is no substitute for knowledge. Without the knowledge of what you are processing, there is the potential of risk, error and non-compliance. This will not only lead to possible penalties but also unhappy staff.
Outsourcing relieves businesses of the legislative burden and provides access to a pre-existing robust and comprehensive compliance process.
Eliminate the risk of a single point of failure
We have been approached by businesses on a number of occasions who require urgent, temporary support for a pay-run. This is usually because they have one employee who processes their payroll, and that person is then unexpectedly absent from work. If there is no back-up support and knowledge within the business to cover this period of absence then who will step in and process the payroll, and more importantly, correctly? It’s not best practice to function with one single point of failure and by outsourcing payroll this risk is eliminated. Businesses can take comfort that every pay-run is covered by payroll professionals who have comprehensive knowledge of their payroll.
Access to trained and qualified staff
In March 2011 the Chartered Institute of Payroll Professionals gained their chartered status, recognising the payroll industry and the professionals within. Outsourced payroll staff are trained and can study for various qualifications beginning at entry level certification right up to a master’s degree. Having trained and qualified staff will ensure that when businesses outsource their payroll, they have trained professionals looking after this crucial business function.
Safe and secure storage of data
It is essential that all payroll related data is stored in a safe and secure manner. With some in-house operations retaining data on paper and using unsecure storage methods, it enhances the risk of a data breach which can have severe consequences both financially and reputationally.
The introduction of GDPR in 2018 gave employers in the UK yet more to think about in relation to the security of their data and the need to ensure compliance to avoid significant penalties. Given that the majority of personal data is held within payroll, it is essential that businesses are aware of their responsibilities in relation to GDPR.
A fully managed and comprehensive outsourcing service will utilise the latest cloud-based technology to help ensure that business and employee data is safe. Outsourcing payroll to drivers paye means your data is held securely and safely.
Cost Saving
This is the big one!
Any business owner knows that an internal payroll function has serious implications in terms of cost.
- Drivers negligence
- Staff costs
- Pension contributions
- Employers NI
- Bank charges
- Sick Pay
- Holiday Pay
- Maternity/Paternity Pay
- Apprenticeship levy
- Employee benefits
- Health insurance
All these costs add up to significant amounts based on staff numbers and turnover.
We can run illustrations and summaries to supply a cost analysis and provide a comparison between internal payroll vs outsourced payroll. We think you will be shocked at the difference.
This does not have any impact on your staff. In fact, you will find that staff morale is greatly improved as we have various options in terms of remuneration available to each member of your team dependent on personal circumstances. From high earners to lower-level employees, the benefits afforded to them are greatly improved.
Our vast employee benefits package will also provide each member of your team with the option to access a range of discounted products and services such as dining out, cinema tickets, groceries, experiences, wellbeing, healthcare and much more.
About us
We launched in 2022 but we’re by no means new! Our founders have been in the industry for almost 30 Years and formed Bridge to do what they do best “provide a great service at an affordable price that’s fully compliant”. Allowing you to get on with what you do best!
We receive much of our business by word of mouth, either referred to us by recruitment agencies or existing clients.
We operate a traditional PAYE payroll, our service includes many extras, all included in our standard fee:
- Drivers negligence
- £10 million insurance
- Employee Benefits
- Same Day Faster Payments
- No joining or leaving fee
- Dedicated Account Manager
- 24/7 Online Access
- Advanced payment options**
- Full Statutory Rights
Outsourced Payroll offers Employed Statutory Rights, Holiday Pay, Sick Pay, Maternity & Paternity Pay and is 100% compliant
Dedicated Account Manager
We want your experience be a breeze so we ensure all Agencies have a dedicated account manager to keep things running smoothly!
IR35 Compliance
Understanding the complex legislation can be tricky which is why we are able to assist with assessing relationships, contracts and compliance
We provide the best in
customer service & support
to our Driver Agencies!
30
Years of
Experience
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