What is Payrolling?
VentureLoopHR becomes the “employer of record” for your temporary team. We withhold and pay the necessary taxes as well as provide workers compensation, unemployment insurance, and W2 reports at the end of the year.
When or why would I use Payrolling?
Try out a new hire in a temporary-to-permanent position
Manage unexpected growth or demand for a specific project
Bring in specific talent or skills for a temporary period
Attract contractors with a preferable W-2 relationship
Avoid compliance risks of managing contractors internally
Historically, companies have received large fines for mishandling contractors per government definitions. By using our payrolling service, we ensure payroll taxes, workers compensation, and other issues are handle per regulations. It’s a win-win for the worker and the company.
Our Payrolling Solution gives our clients the versatility to grow. They can bring on critical assets as they need them without worrying about regulations and feel confident that they are in compliance.
– Jeremy McCarthy, Founder, VentureLoop
