Contractor Management Services, Contractor Payroll Services, LAFHA, Living Away From Home Allowance, Salary Sacrificing

Recruitment Companies

We have found that many recruitment companies are questioning the rationale of allowing each contractor to select their own management company. Recruitment companies are finding that each management company operates differently and this is becoming an unacceptable overhead to manage in many business areas.

Each of our clients in the recruitment and labour hire industry who justified a business case to establish a one on one relationship with PayMe did so because it simplified the contractor payroll, accounts payable and receivable and it also provided their permanent employees with a comprehensive payroll service.

Engaging PayMe will:

• release your company’s resources to focus on the “core business” of recruitment and placement
• reduce overheads by having a single invoicing and remittance mechanism for all contractors through a one to one relationship with PayMe
• provide a payroll function to employees and contractors that appears in house
• increase employee morale and retention
• remove the requirement to invest in payroll software, information technology infrastructure and payroll staff
• provide immediate advice to the company management on issues such as employee entitlements, workers compensation, superannuation, future payroll needs and other ad hoc matters

Benefits to your company

The benefits to your company are:

• provision of an advanced payroll capability to contractors that assists you with becoming a labour hire company of choice and providing you with one platform to be have the competitive edge over your competitors.
• increased contractor morale and retention
• no requirement to invest in payroll software, information technology infrastructure and payroll staff

Benefits to your contractors

The benefits to your contractors are:

• We offer a real time, personalised serviced – there is always someone available to assist you.
• We don't use answering machines or voice mail, so every call is answered by one of our team.
• We have one flat fee of 3% which covers all payroll needs – a contractor will never pay more than 3% with PayMe.
• We guarantee that pay will be in the contractor’s bank at 2:00am on the Friday morning consistent with the pay cycle in your recruitment company contract. Therefore contractors can safely plan direct debits for pay Fridays.
• payment of superannuation on a monthly basis
• all salary packaging / sacrifices including car leases at no additional cost 
• advice regarding what can be claimed as a salary sacrifice and how to make claims 
• full claims for Living Away From Home Allowances (LAHFA) at no additional cost 
• payroll officers always available providing a personal, understanding and immediate service in implementing payroll changes 
• same day emergency payments to employees if required due to unforeseen personal circumstances or through a PayMe error 
• payment summaries within the first two (2) weeks of the new financial year 

How PayMe is held accountable

PayMe is held accountable for service delivery based on:

• a contract for payroll services, and a
• service level agreement.

PayMe provides a template for these documents, tailors them in partnership with you and then you take ownership of the documents.