Payroll is a critical component of any business, and restaurants are no exception. Payroll involves calculating employee hours, wages, taxes, and benefits, which can be a complex and time-consuming process. A streamlined payroll process can help restaurant owners and managers save time, reduce errors, and minimize compliance risks.
An outsourced payroll may sound like a strange idea at the outset – why entrust your company’s finances to people outside the company? – but the data shows that more businesses are switching to it. Statista shows that payroll outsourcing statistics have been on the rise for the past few years, with many businesses considering payroll outsourcing as an essential part of their operations.