The term, teamwork, often refers to teaching small children how to behave and collaborate with other children in social situations. However, in the adult world, teamwork is a very important skill to have. Teamwork refers to the ability of a group of people to collaborate with a diverse array of individuals in order to produce one ideal product. Collaboration and teamwork are becoming more common in day-to-day life. Healthcare professionals need to collaborate in order to produce the best solution for an ill patient; business partners need to collaborate with each other in order to produce and market their product; teachers need to collaborate with the rest of the school administrators, children, and parents in order to give the best education to each child. There are copious amounts of examples in which teamwork is essential to a functioning society.
Researchers have dedicated an extensive amount of time in order to research the benefits of teamwork in the business setting. In the study, Teamwork and High-Performance Work Organization, a team of researchers concluded that teamwork increases productivity and efficacy of a company through a variety of means. On average, the incorporation of teamwork into the workplace empowered employees and made them feel more autonomous. This type of autonomous power that employees expressed correlated with their satisfaction with the company. On average, employees who had more decision-making opportunities were more satisfied with the company. In addition, the companies with better learning environments utilized teamwork extensively. Researchers found that employees, new and old, were able to learn new skills through the use of teamwork. Finally, teamwork led to improvements in project organization. This organization then leads to increased efficacy for the company and less stress for the employees. Once again, this type of situation increases employee satisfaction of the company.
Anyone can see that teamwork is essential to the survival of any type of business, but how does one go about incorporating teamwork into their business? One simple answer is technology. Technology has become increasingly useful to every aspect of the business, so why not use it to build teamwork? The idea of using technology or software in order to increase teamwork is a relatively new concept. It is extremely useful because this type of technology allows people to work together even when they are not in the same room. The required data can be accessed through the software on any computer, at any time. This allows team-members the ability to work on their project on the go, which inevitably increases the productivity of the company.
Enhance Productivity By Eliminating The Payroll Department
The payroll department of any business is, unfortunately, a drag on the overall productivity of that business. This is not a condemnation of the individuals who work in payroll departments, it is simply a mathematical fact of business calculation of productivity in the workplace.
The payroll department does not generate revenue and actually burns money. Thus it needs to improve productivity with third-party payroll checking services
What Is The True Cost Of A Payroll Department?
The answer to this question is going to depend directly on the size of the business and the type of payroll. Surepayroll.com estimates it like this,
The direct costs of processing payroll can be greatly reduced by working with a payroll provider. Our research indicates that a small business with 10 employees will typically spend $2,600 per year in direct labor costs associated with payroll.
This comes down to $260 per year per employee. Those are huge costs! Cost reduction comes from outsourcing payroll services to another company to handle it for you.
Using An Outsourced Payroll Provider
Outsourced check issuing providers are a tremendous help to the overstressed business owner and increase productivity in the workplace
These providers work for a lot less than the estimated $260 per employee per year. Generally, they will work on a flat fee basis or a fee based on the exact services that they provide.
Outsourced partners have to make sure that they keep costs low in order to continue to attract business. Since payroll and related services are the only things that they do, these partners can streamline everything and keep overhead low.
Bring Greater Productivity And Energy To The Business
Enhanced productivity and energy are two rewards that one can immediately see from outsourced partners. The payroll department’s elimination means that those formerly working in payroll can take on new assignments. That is a lot of creative energy that is now transferred to other departments.
All of these great things can happen by simply outsourcing payroll check mailing services to another company.
Cost Management And Outsourced Payroll Providers
The business community as a whole has sought to find ways to control costs and improve profits. One area of cost management overlooked by some is the check processing task.
Payroll: Do Not Attempt This At Home
The payroll task is a necessary function of any business. Employees receive payment in a timely manner and on a regular schedule. Considering the number of variables that can occur from pay period to pay period, paying everyone can become tedious. Many small business owners find themselves in the quagmire of attempting to process their entire payroll by themselves.
Not only is the burden of extra work difficult for the overextended business owner, but it may prove costly. Even a small error can contribute to a big mistake in any payroll. The last thing anyone wants is to make an error in payroll accounting. As such, hiring an outside company to do the work is prudent.
Bring In The Number Crunching Experts
Take a deep breath and know that outsourced payroll providers are available. Hire one and you can set aside the mind-numbing amounts of paperwork and once again focus on the fun parts of operating a business. Outsourced payroll providers offer three main things,
Cost Savings You Can Count On- A reduction in the amount currently spent on payroll is almost inevitable. Even medium and large-sized companies can reduce their spending by entrusting the work to a reliable outsourced provider.
Reliability And Experience- Unfortunately, many who attempt to do payroll work themselves are not right for the job. They simply do not have the experience or knowledge to tackle such a formidable foe. Outsourced providers have experience with handing payrolls and are reliable at what they do.
A Trusted Source Of Advice- The final benefit of an outsourced payroll provider is something that is often overlooked. These companies offer a wealth of knowledge on issues ranging from more effective payroll processing to tax issues. Tapping them for helpful advice is part of what one receives for hiring them.
