Setting up a payroll service but finding it hard to work out a price list. A lot charge per payslip and then extra for year end forms etc whilst some charge per payslip and include all year end forms in the price. If anyone out there can offer some advice this would be great. Also do you send security payslips in the post or do you just email payslips for the client to print off. So many questions! Help!
do the payroll for 3 of my clients as well as their accounts. I charge an hourly rate for these services, usually only half an hour for running a payroll. My clients only have 4 people on their payroll, 2 weekly paid and the other 2 monthly paid. Year end again I charge hourly rate. Hope this helps!
You could consider how much your software is going to cost you per year. Divide the cost by the number of clients or employees you hope to process in a year to try and make sure that you recoup the cost. Obviously the more you process the better the profit.
I have a set fee for upto 3 employees a month and then a charge per employee after this. My charges are fully inclusive of year end.
My clients are local, so pick up the payslips to put in their own wage packets so no additional cost to me there.
Email them to individual employees to print themselves
Post security payslips to individual employees
Print security payslips for client to distribute
Post sheet payslips stuffed into envelopes to individual employees
Print sheet payslips for client to distribute (A4/A5?)
Stuff envelopes for sheet payslips or send the client the pile of payslips and envelopes
Send the client a PDF that allows them to print the payslips themselves
Sheet payslips can be stationery or copier paper
Copier paper payslips could be in client's colours with client's logo, etc.
Perhaps the answer on that front is to find out how the client would prefer it done and charge accordingly. Clearly some of those solutions have considerable costs in stationery/envelopes/postage/time.
With larger clients there may be similar issues with P60s.
