PAYDAY EMPLOYEE BENEFITS

Customized Benefits Administration for Your Business

Optimize your team’s satisfaction and productivity with benefits designed to meet their specific needs. At PayDay, real experts assist with compliance and setup, while our unified management platform ensures your employee benefits are seamlessly handled from hire to retirement.

TAX PAYMENT SERVICE (TPS)

Federal, state and local payroll taxes are paid on your behalf to take the tax burden off you, keep you in compliance, save you time and give you peace of mind. Our tax professionals research and maintain state and federal tax rates, tax brackets and statutory limits so that you can concentrate on growing and running your business, helping you to know that you comply.

Our tax payment service includes:

Transferring the total Federal Income Tax, Social Security and FUTA tax from your bank account each pay period on check date and depositing them by due date.

Transferring applicable state and local taxes on the check date and depositing them by the due date.

Filing your business tax returns, paying any remaining taxes from your account at quarter- or year-end.

NEW HIRE REPORTING

Federal law requires that all businesses report their newly hired and re-hired employees to a designated state agency within a pre-established period—20 days if sent via mail, twice per month if sent electronically.

Information required by the federal government includes:

Employer name associated with your company’s federal Employer Identification Number (EIN)

EMPLOYEE BENEFITS

Comprehensive Benefits Management

Forget juggling multiple systems or outdated methods. With PayDay's holistic approach to benefits management and implementation, everything is covered, from onboarding to retirement.

Simplified Retirement Solutions

PayDay offers your employees a wide range of retirement benefits, including 401(k)s, IRAs, and SEP IRAs. We simplify the management and administration process, making retirement planning straightforward and accurate.

Navigating ACA Compliance

The Affordable Care Act doesn't have to be a maze with PayDay by your side. We're here to answer your questions, providing clarity and guidance every step of the way to ensure compliance with ease.

Efficient HSA and FSA Administration

Manage health savings and flexible spending accounts effortlessly with PayDay. Our expertise in administering these and other benefits options simplifies the process for you and your employees.

Dedicated Compliance Assistance

Laws change rapidly, but PayDay keeps you ahead by managing the details of COBRA, ACA, and other regulations. We ensure you offer the best to your employees, hassle-free.

Workers' Compensation Management

Accidents happen, but managing workers' compensation is stress-free with PayDay. Stay up-to-date and compliant directly from your dashboard or integrate with the tools you already use, protecting your team efficiently.

WHAT PEOPLE SAY ABOUT PAYDAY EMPLOYER SOLUTIONS

★★★★★ 5/5

4.8 / 5 rating

Great service and they are always available to help and assist with payroll concerns. You never have to worry about speaking to 8 different people because you get one account rep and they have experience and time with the company.

Essence Allen-Presley

Head of Human Resources

I cannot possibly say enough about what a fantastic organization. Payday Employer Solutions is 9 years as a business owner, I have never worked with a more responsive and accommodating team of people. I have used their competitors in the past, and the others don’t compare.

Jordan Golob

Administrative Manager

I have had the pleasure of working with Sandi M.for a few years now. I can honestly say she is “THE BEST” !! She’s always there for our business to help, answer any questions and has gone ABOVE AND BEYOND on more then one occasion to help us out!! I would give her and PayDay 20 plus stars if it were an option !!

Jodi Wieland

Chief Executive Officer

I have been in business for 17 years and used 3 different payroll companies before PayDay and since the day we started with PayDay I have never looked back! I love having a staff that helps take care of our business needs quickly and professionally with great personal skills as well! Everyone I have worked with over the years has been friendly, kind and considerate! I recommend them to everyone I know in business!

Victoria Warren

Management Associate

GENERAL LEDGER SERVICES

General Ledger Reporting Service – Interface your accounting software to help streamline G/L posting and check reconciliation. Our General Ledger Interface allows for the seamless, electronic files to be imported into your accounting software, removing the manual keying of data.

General Ledger Report – If we do not interface with your current accounting system, PayDay can create our general ledger report which will provide you with your journal entry displaying your GL numbers.

BENEFITS ADMINISTRATION SERVICES

Retirement Administration – PayDay can help your company save time while staying in compliance with the administration and recordkeeping of defined contribution plans, such as pension, profit sharing, and 401(k) plans.

Health Insurance – Health insurance is one of the most important employer-provided benefits currently offered in the workforce. PayDay can accurately calculate, verify, and adjust payroll deductions as needed, while assisting your company in making your premium payments to the carrier.