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Home > Payroll Service
Payrolling Services for Your Contractors

Quite often companies themselves identify people that they would like to hire. They refer them to us, for us, to put on our payroll and have them work at their location. This process is typically alot quicker than most hiring processes. It also eliminates paperwork issues, workers compensation liabilities, and the need for our clients to provide and administrate benefits.

Here are examples of when this service is appropriate:

  > Temporary employment (You found employee)
  > Bringing back a previous employee
  > Bringing back a retiree
  > Convert a 1099 employee to a W2
  > Interships
  > Summer employment
  > Budgets prevent hiring permanent employees
  > Hiring an expert/consultant for a short term

"Payroll Service" is a reduced cost option many managers utilize to bring individuals they already know onto projects on a short or long term basis, without the cost associated with full time employees.

Additionally, payrolling often eliminates time-consuming paperwork, workers compensation and unemployment insurance liabilities, and the need for our clients to provide and administer costly benefits. The payroll service hourly rate is dependent on the individual payrate, work location by state, and the workers compensation code for the job duties performed.

The payrolling process is easy for contractors and their supervisors. On a weekly basis the contract employee will submit an approved time slip, Think Resources will pay the contract employee each Friday, and then invoice your company for the number of hours times the agreed upon billing rate for that employee.

Our work week runs from Sunday to Friday, and we collect timeslips on Monday. The employee can choose to have their check deposited electronically into a checking account. Paychecks not direct deposited are mailed on Wednesday or Thursday to insure they are received promptly. In our company history we have never missed paying our employees on payday!

Think Resources, Inc. can also manage any expenses our contract employee incurs. In the event that contractors have any expenses during their employment, Think Resources can compensate the employee for those expenses and bill them to your company.
 
Use Our Payroll Calculator

To calculate your bill rate enter the pay rate to the employee and press the Calculate Bill Rate:

Employee Pay Rate  $/hr
Company Bill Rate  /hr
Overtime Bill Rate  /hr
2080 ST hours (1 Year)  /Year
   
* The rates quoted here are based upon workers in a low risk work environment. Higher rates will apply for employees working in higher risk environments. Call for additional information. Yearly amount is based upon straight time hours.

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