We define payrolling as you, our client, finding the contractor and Cambridge becoming the employer of record. There are many reasons why companies see this as a preferable way to bring resources into their organization. Payrolling reduces their administrative burden, reduces workers compensation exposure, reduces tax liabilities, avoids benefit costs and eliminates co-employment issues associated with bringing workers on to your payroll.
Here is a list of some of the employment situations where payrolling may benefit you:
- Avoiding issues of employee mis-classification
- Solutions to address co-employment
- Bringing back a previous employee or retiree
- Converting a 1099 employee to a W2
- Internships and Summer Employment
- Budget prevents hiring of permanent employees
- Hiring an expert / consultant for a short term needs
We recognize these contractors play an important role in your organization and it is important to have them focused on their work and not concerned with their employment relationship.Therefore, if needed we offer a generous benefit package, including:
- Health Insurance
- Vacation and Holiday Pay
- 401K Program
- Professional Liability Insurance
- Performance Bonus Plan
- Direct Deposit
Since these are workers you have identified and brought to us, we can provide this service at a rate much lower than our traditional temporary services. Contact us today to learn more about our Payrolling Services and how Cambridge can help you manage your contingent workforce!
For more information, email [email protected] or call (404) 842-2800.