Payroll Made Easy: Online Services For Small Businesses

Have you ever found yourself buried under a pile of paperwork, struggling to keep track of your employees’ hours and wages? If so, you’re not alone. Payroll can be a time-consuming and complex task, especially for small business owners. Fortunately, there’s a solution: online payroll software.

What is Online Payroll Software?

Online payroll software is a cloud-based application that automates many of the tasks involved in payroll processing. These tools can help you calculate employee pay, withhold taxes, generate pay stubs, and file payroll taxes. Some also offer additional features like direct deposit, time tracking, and benefits administration.

Why Use Online Payroll Software?

There are many reasons why small businesses should consider using online payroll software. Here are just a few:

Save time: By automating many of the tasks involved in payroll processing, online payroll software can save you a significant amount of time. This can free you up to focus on other aspects of your business.

Reduce errors: Payroll is a complex process, and it’s easy to make mistakes. Online payroll software can help you avoid errors by automating calculations and ensuring that all required information is included.

Improve accuracy: Online payroll software is typically more accurate than manual payroll processing. This can help you avoid costly penalties and fines.

Simplify compliance: Payroll laws can be complex and confusing. Online payroll software can help you stay compliant by keeping track of tax rates, deadlines, and other requirements.

Access your payroll information from anywhere: With online payroll software, you can access your payroll information from anywhere with an internet connection. This can be helpful if you need to review pay stubs or make changes to your payroll setup while you’re on the go.

Choosing the Right Online Payroll Software

There are many different online payroll software options available. When choosing a provider, it’s important to consider your specific needs. Here are some factors to keep in mind:

Features: What features do you need? Some providers offer more features than others, so it’s important to choose a provider that offers the features that are most important to you.

Cost: How much can you afford to spend on payroll software? Prices can vary widely, so it’s important to compare costs before making a decision.

Ease of use: How easy is the software to use? You don’t want to spend hours learning how to use your payroll software. Choose a provider with a user-friendly interface.

Customer support: What kind of customer support does the provider offer? If you have questions or problems, you want to be able to get help quickly.

Security: How secure is the provider’s data? Your employees’ personal information is sensitive, so you need to choose a provider that has strong security measures in place.

Additional Benefits of Online Payroll Software

In addition to the benefits listed above, online payroll software can also offer several other advantages, such as:

Improved employee satisfaction: Online payroll software can help you pay your employees on time and accurately. This can improve employee satisfaction and morale.

Enhanced cash flow management: Online payroll software can help you better manage your cash flow by providing you with accurate payroll data.

Reduced administrative burden: Online payroll software can help you reduce the administrative burden associated with payroll processing. This can free up your time to focus on other important tasks.

Increased efficiency: Online payroll software can help you increase the efficiency of your payroll process. This can save you time and money.

Conclusion

Online payroll software is a valuable tool for small businesses. By automating many of the tasks involved in payroll processing, online payroll software can save you time, reduce errors, and improve accuracy. If you’re looking for a way to simplify your payroll process, online payroll software is a great option.

Understanding the Importance of Payroll

Payroll, the process of managing employee compensation, is a critical function for any business, regardless of size. It involves calculating wages, deducting taxes, and distributing funds to employees. While it may seem straightforward, payroll can be time-consuming, complex, and prone to errors if not handled correctly.

The Challenges of Traditional Payroll Processing

Traditionally, small businesses have relied on manual payroll processing methods, which often involve:

Manual calculations: Calculating wages, deductions, and taxes manually can be tedious and error-prone.

Paperwork: Managing a mountain of paperwork, including time cards, payroll registers, and tax forms, can be overwhelming.

Compliance issues: Staying up-to-date with ever-changing tax laws and regulations is a challenge for many small business owners.

Limited accessibility: Accessing payroll information outside of the office can be difficult, especially during non-business hours.

The Solution: Online Payroll Services

Online payroll services have emerged as a convenient and efficient solution for small businesses. These cloud-based platforms streamline the payroll process, automating many of the tasks that were previously done manually.

Key Benefits of Online Payroll Services

1. Time-saving: Online payroll services automate tasks such as calculating wages, deductions, and taxes, saving businesses significant time and effort.
2. Accuracy: These platforms use advanced algorithms to ensure accurate payroll calculations, reducing the risk of errors.
3. Compliance: Online payroll services stay up-to-date with tax laws and regulations, helping businesses avoid penalties and fines.
4. Accessibility: With online access, businesses can manage payroll from anywhere, at any time, using a computer or mobile device.
5. Integration: Many online payroll services integrate with other business applications, such as accounting software and time tracking systems, streamlining workflows.
6. Cost-effective: While there may be a monthly fee for using an online payroll service, the cost can be offset by the time and resources saved.

How Online Payroll Services Work

1. Data entry: Businesses enter employee information, including names, addresses, and pay rates, into the online platform.
2. Time tracking: Time tracking systems can be integrated with the payroll service to capture employee hours worked.
3. Payroll processing: The platform automatically calculates wages, deductions, and taxes based on the data entered.
4. Direct deposit: Paychecks can be issued directly to employees’ bank accounts, eliminating the need for paper checks.
5. Reporting: Online payroll services generate various reports, such as pay stubs, W-2 forms, and payroll summaries.

Choosing the Right Online Payroll Service

When selecting an online payroll service, small businesses should consider the following factors:

Features: Does the service offer the features you need, such as direct deposit, time tracking integration, and tax compliance assistance?

Cost: Compare the pricing plans of different providers to find the best value for your business.

Customer support: Look for a service with excellent customer support to help you with any questions or issues you may encounter.

Security: Ensure that the service has robust security measures to protect your sensitive employee data.

In Conclusion

Online payroll services have revolutionized the way small businesses manage their payroll. By automating tasks, reducing errors, and ensuring compliance, these platforms can save businesses time, money, and hassle. If you’re a small business owner looking to streamline your payroll process, consider exploring the benefits of online payroll services.

The third essential feature for small businesses leveraging online payroll services is Employee Self-Service. This innovative tool empowers your employees to take control of their payroll information, reducing the administrative burden on your HR team.

Imagine a world where your employees can access their pay stubs, W-2 forms, and other essential payroll documents at the click of a button. With Employee Self-Service, this becomes a reality. This feature provides a secure, online portal where employees can:

View Pay Stubs: Employees can easily access their pay stubs, providing transparency and clarity into their earnings. They can see their hourly wages, overtime pay, deductions, and net pay.

Update Personal Information: Employees can update their personal information, such as address changes or emergency contact details, directly through the portal. This eliminates the need for manual paperwork and ensures accurate payroll processing.

Request Time Off: Employees can submit time-off requests electronically, streamlining the approval process and reducing administrative tasks for HR.

Access W-2 Forms: At the end of the year, employees can access their W-2 forms online, eliminating the need for paper copies and simplifying tax preparation.

Benefits of Employee Self-Service

Increased Efficiency: By automating tasks such as pay stub distribution and personal information updates, Employee Self-Service significantly reduces the administrative burden on HR teams. This frees up time for more strategic initiatives.

Improved Employee Satisfaction: Employees appreciate the convenience and accessibility of Employee Self-Service. They can access their payroll information whenever they need it, reducing frustration and increasing job satisfaction.

Enhanced Security: Online payroll portals typically employ robust security measures to protect sensitive employee data. This reduces the risk of data breaches and ensures compliance with privacy regulations.

Reduced Paperwork: By eliminating the need for paper pay stubs and W-2 forms, Employee Self-Service helps reduce your business’s environmental impact.

Implementing Employee Self-Service

When choosing an online payroll service, ensure that it offers Employee Self-Service as a standard feature. Look for a provider that offers a user-friendly interface and provides comprehensive support to both you and your employees.

To successfully implement Employee Self-Service, consider the following tips:

Communicate Clearly: Inform your employees about the availability of Employee Self-Service and provide them with instructions on how to access and use the portal.

Provide Training: Offer training sessions or resources to help employees familiarize themselves with the portal’s features and functionalities.

Address Concerns: Be prepared to address any concerns or questions your employees may have regarding the use of Employee Self-Service.

By implementing Employee Self-Service, you can streamline your payroll processes, improve employee satisfaction, and enhance the overall efficiency of your small business. It’s a win-win solution that benefits both you and your employees.

In the bustling world of small businesses, time is a precious commodity. Every minute spent on non-essential tasks can divert resources away from core operations. This is where time tracking and expense management solutions come into play. These tools streamline processes, improve efficiency, and provide valuable insights into business performance.

Time Tracking: A Crucial Tool for Productivity

Time tracking is not just about recording hours worked; it’s about understanding how time is allocated within your business. By tracking time spent on various projects and tasks, you can identify areas where productivity can be improved.

Benefits of Time Tracking:

Accurate Payroll Calculation: Time tracking ensures that employees are paid fairly for the hours they work. It eliminates the need for manual calculations and reduces the risk of errors.

Improved Project Management: By monitoring the time spent on different projects, you can assess their profitability, identify bottlenecks, and make data-driven decisions.

Enhanced Resource Allocation: Time tracking helps you understand how your team’s resources are being utilized. This information allows you to optimize workload distribution and ensure that projects are completed on time and within budget.

Enhanced Employee Accountability: When employees know their time is being tracked, they are more likely to be accountable for their work and avoid wasting time.

Expense Management: A Streamlined Approach to Finances

Expense management refers to the process of tracking, categorizing, and controlling business expenses. In the past, this involved manual record-keeping, which was time-consuming and prone to errors. Today, online tools offer a more efficient and streamlined approach.

Benefits of Expense Management:

Simplified Record Keeping: Expense management tools automate the process of capturing and storing expense data. This eliminates the need for paper receipts and manual data entry.

Improved Compliance: By tracking expenses accurately, you can ensure compliance with tax regulations and other financial requirements.

Enhanced Visibility into Spending: Expense management tools provide real-time visibility into your business’s spending patterns. This information helps you identify areas where costs can be reduced and make informed financial decisions.

Simplified Reimbursement: Employees can easily submit expense reports electronically, and managers can approve or reject them with a few clicks. This streamlines the reimbursement process and reduces administrative overhead.

Time Tracking and Expense Management: A Powerful Combination

When combined, time tracking and expense management solutions can provide a comprehensive view of your business’s operations. By understanding how time is spent and how resources are allocated, you can make data-driven decisions to improve efficiency, reduce costs, and enhance profitability.

Choosing the Right Tools

There are numerous time tracking and expense management tools available on the market. When selecting the right solution for your small business, consider the following factors:

Ease of Use: The tool should be intuitive and easy to use for both employees and managers.

Integration Capabilities: Look for a tool that integrates with your existing accounting software and other business systems.

Features: Consider the specific features you need, such as timesheet approval workflows, expense categorization, and reporting capabilities.

Cost: Evaluate the pricing plans and determine the best value for your business.

By investing in a reliable time tracking and expense management solution, you can simplify your business operations, improve efficiency, and make data-driven decisions that drive growth.

Payroll can be a daunting task, especially for small business owners. With so many factors to consider, from calculating wages and taxes to managing employee benefits, it can be easy to feel overwhelmed. Fortunately, there are a number of online payroll services available that can help simplify the process and reduce the risk of errors.

One of the biggest advantages of using payroll software is that it can automate many of the time-consuming tasks associated with payroll. For example, the software can automatically calculate employee wages, withhold taxes, and generate paychecks. This can save small business owners a significant amount of time and effort.

In addition to automating tasks, payroll software can also help small business owners stay compliant with federal, state, and local labor laws. The software can keep track of important dates, such as when to pay taxes and file reports. This can help businesses avoid costly penalties.

Another benefit of using payroll software is that it can provide small business owners with valuable insights into their finances. The software can generate reports on employee wages, taxes, and other payroll-related expenses. This information can be used to make informed decisions about the business.

Here are some of the key features to look for in a payroll software:

Automation: The software should be able to automate tasks such as calculating wages, withholding taxes, and generating paychecks.

Compliance: The software should help businesses stay compliant with federal, state, and local labor laws.

Reporting: The software should provide small business owners with valuable insights into their finances.

Integration: The software should be able to integrate with other business applications, such as accounting software and time tracking software.

Customer support: The software provider should offer excellent customer support.

When choosing a payroll software, it is important to consider the needs of your business. If you have a small number of employees, you may be able to get by with a basic software package. However, if you have a large number of employees or complex payroll needs, you may need a more advanced software solution.

Here are some additional tips for choosing a payroll software:

Do your research: There are a number of different payroll software providers available. It is important to do your research and compare different options to find the best fit for your business.

Read reviews: Before making a decision, read reviews of different payroll software providers. This can give you a better idea of what to expect from the software.

Ask questions: Don’t be afraid to ask questions of the payroll software provider. They should be able to answer any questions you have about their software.

By choosing the right payroll software, small business owners can save time, money, and stress. Payroll software can help businesses stay compliant with labor laws, reduce the risk of errors, and gain valuable insights into their finances.

Payroll, once a daunting task involving spreadsheets, calculators, and endless manual calculations, has evolved into a streamlined process thanks to the advent of payroll software. For small businesses, these online tools have become indispensable assets, simplifying complex payroll tasks and ensuring accuracy, efficiency, and compliance. Let’s delve into the world of payroll software and explore how it can revolutionize your business operations.

Understanding Payroll Software

At its core, payroll software is a digital platform designed to automate various aspects of the payroll process. From calculating employee wages to generating paychecks and handling tax withholdings, these tools handle the intricacies of payroll management with precision. They are typically cloud-based, allowing you to access them from anywhere with an internet connection.

Key Features of Payroll Software

Payroll software offers a plethora of features that can significantly benefit small businesses. Here are some of the essential functionalities to look for:

Time and Attendance Tracking: Accurately record employee hours worked, calculate overtime, and track time off.

Wage Calculation: Automatically calculate wages based on hourly rates, salaries, or commission structures.

Tax Management: Handle federal, state, and local tax withholdings, ensuring compliance with tax laws.

Direct Deposit: Set up direct deposit for employee paychecks, eliminating the need for paper checks.

Reporting and Analytics: Generate various reports, such as payroll summaries, wage analysis, and time off accruals.

Employee Self-Service: Allow employees to access their pay stubs, update personal information, and request time off.

Integration with Other Systems: Seamlessly integrate with accounting software, HR systems, and time tracking tools.

Benefits of Using Payroll Software

Implementing payroll software can yield numerous advantages for small businesses:

Increased Efficiency: Automate repetitive tasks, saving time and reducing errors.

Improved Accuracy: Minimize manual calculations and ensure accurate wage and tax calculations.

Enhanced Compliance: Stay up-to-date with tax laws and regulations, avoiding penalties and fines.

Simplified Recordkeeping: Store payroll records electronically, making it easier to access and manage.

Cost Savings: Reduce the need for dedicated payroll staff or outsourcing services.

Better Employee Satisfaction: Provide employees with convenient access to their payroll information.

Choosing the Right Payroll Software

With so many options available, selecting the best payroll software for your business can be overwhelming. Consider the following factors when making your decision:

Business Size and Needs: Evaluate your company’s specific requirements, such as the number of employees, payroll frequency, and desired features.

Cost: Compare pricing plans and fees to find a solution that fits your budget.

Ease of Use: Look for software with a user-friendly interface that is easy to learn and navigate.

Customer Support: Ensure that the provider offers reliable customer support and assistance.

Scalability: Choose software that can grow with your business as it expands.

Popular Payroll Software Options

The market is filled with excellent payroll software options. Some popular choices include:

Intuit QuickBooks Payroll: A comprehensive solution that integrates with QuickBooks accounting software.

ADP Payroll: A leading provider offering a wide range of payroll services and HR solutions.

Paychex: A popular choice for small businesses, offering flexible payroll options and HR benefits.

Paycom: A cloud-based payroll and HR platform with advanced features and automation capabilities.

Conclusion

Payroll software has transformed the way small businesses manage their payroll processes. By automating tasks, ensuring accuracy, and simplifying compliance, these tools can save time, reduce errors, and improve overall efficiency. By carefully evaluating your needs and selecting the right software, you can streamline your payroll operations and focus on growing your business.

7. Employee Self-Service Portal

One of the most innovative features offered by online payroll services is the employee self-service portal. This digital platform empowers employees to manage their payroll information independently, saving both time and effort for both employees and employers.

How does it work?

Employees can access the portal using a secure login, where they’ll find a variety of helpful features. These include:

Viewing Paystubs: Employees can easily view their paystubs online, eliminating the need for paper copies. They can access detailed information about their earnings, deductions, and tax withholdings.

Updating Personal Information: Employees can update their personal information, such as address changes or emergency contact details, directly through the portal. This ensures that payroll records are always accurate and up-to-date.

Requesting Time Off: The portal often includes a time-off request feature. Employees can submit and track their time-off requests, making the process more efficient for both employees and managers.

Checking Benefits: Employees can check their benefits eligibility and enrollment status. They may also be able to access information about their health insurance plans, retirement accounts, and other benefits.

Messaging with HR: Some portals offer a messaging feature that allows employees to communicate directly with the HR department. This can streamline the process of addressing payroll or benefits inquiries.

Benefits for Employees

Convenience: Employees can access their payroll information and manage their time-off requests from anywhere with an internet connection.

Efficiency: The portal eliminates the need for paper forms and manual processes, saving employees time and effort.

Transparency: Employees can easily view their earnings, deductions, and tax withholdings, ensuring that they understand their payroll information.

Self-Service: Employees can take control of their payroll and benefits information, reducing the administrative burden on HR.

Benefits for Employers

Time Savings: The portal automates many payroll and HR tasks, freeing up employers and their staff to focus on other priorities.

Accuracy: Employees can update their personal information directly through the portal, ensuring that payroll records are accurate and up-to-date.

Improved Communication: The messaging feature can help streamline communication between employees and the HR department.

Employee Satisfaction: The portal can enhance employee satisfaction by providing them with easy access to their payroll and benefits information.

Additional Features

In addition to the core features mentioned above, some online payroll services may offer additional features, such as:

Direct Deposit: Employees can set up direct deposit to have their paychecks electronically deposited into their bank accounts.

W-2 Forms: Employers can provide employees with electronic W-2 forms through the portal.

Expense Reimbursement: Employees can submit expense reports and track their reimbursement status.

Performance Reviews: Some portals may include a performance review feature that allows employees to access and review their performance evaluations.

Choosing the Right Online Payroll Service

When selecting an online payroll service, it’s important to consider the specific needs of your business and your employees. Look for a service that offers a robust employee self-service portal with the features that are most important to you. Additionally, make sure that the service is easy to use and provides excellent customer support.

By leveraging the power of an employee self-service portal, small businesses can streamline their payroll processes, improve employee satisfaction, and focus on what they do best.

Time tracking is a crucial aspect of payroll, ensuring employees are accurately compensated for their hours worked. Manually tracking time can be tedious, error-prone, and time-consuming. Fortunately, online payroll services offer automated time tracking solutions that can streamline this process and enhance payroll accuracy.

How Automated Time Tracking Works

Automated time tracking systems typically utilize various methods to record employee hours, such as:

Time Clocks: Employees can clock in and out using physical time clocks or mobile apps.

GPS Tracking: For field workers, GPS tracking can automatically record their location and work hours.

Project Management Software: If employees work on specific projects, their time spent on each project can be tracked within the software.

Once employee hours are recorded, the system can automatically calculate total hours worked, overtime hours, and any applicable deductions or premiums. This eliminates the need for manual calculations and reduces the risk of errors.

Benefits of Automated Time Tracking

Improved Accuracy: Automated time tracking minimizes the risk of human error in recording hours, leading to more accurate payroll calculations.

Increased Efficiency: By automating the time tracking process, businesses can save time and resources that would otherwise be spent on manual calculations.

Enhanced Compliance: Automated systems can help businesses comply with labor laws and regulations regarding overtime, minimum wage, and time off.

Better Employee Engagement: Employees may find automated time tracking systems more convenient and user-friendly than manual methods, leading to increased job satisfaction.

Real-time Insights: Automated systems can provide real-time insights into employee hours, productivity, and project progress, allowing businesses to make informed decisions.

Choosing the Right Automated Time Tracking Solution

When selecting an automated time tracking solution, consider the following factors:

Integration with Payroll Software: Ensure the time tracking system can seamlessly integrate with your online payroll service to streamline the payroll process.

Features and Functionality: Look for a system that offers the features and functionality you need, such as time clock options, GPS tracking, and project management integration.

Ease of Use: Choose a system that is easy for both employees and administrators to use, with intuitive interfaces and minimal training requirements.

Scalability: If your business is growing, consider a system that can accommodate future growth and increasing employee numbers.

Cost: Evaluate the cost of the time tracking solution and compare it to the potential benefits and savings it can provide.

By implementing an automated time tracking solution, small businesses can simplify their payroll process, improve accuracy, and enhance overall efficiency. With the right system in place, time tracking can become a hassle-free task, allowing businesses to focus on other important aspects of their operations.

9. Streamline Tax Compliance

In the intricate tapestry of running a small business, tax compliance often looms as a daunting task. Juggling various tax forms, deadlines, and regulations can be a time-consuming and error-prone endeavor. However, with the advent of online payroll services, this burdensome aspect of business management has been significantly simplified.

One of the most significant advantages of using online payroll solutions is their ability to automate tax calculations and filings. These platforms are equipped with sophisticated algorithms that can accurately determine federal, state, and local tax obligations based on your specific business information, such as employee wages, deductions, and benefits. By automating this process, you can eliminate the risk of human errors and ensure that your tax filings are always accurate and on time.

Moreover, online payroll services often provide real-time updates on tax law changes, ensuring that you are always compliant with the latest regulations. This can be particularly helpful during tax season, when tax laws may undergo revisions. With an online payroll system, you can rest assured that your business is always operating within the boundaries of tax compliance.

In addition to automating tax calculations and filings, online payroll services can also help you manage your tax deposits. These platforms can track your tax liabilities and automatically generate tax deposit notices, ensuring that you meet your tax deposit deadlines. This can help you avoid penalties and interest charges that may result from late or missed tax payments.

Furthermore, online payroll services can provide you with valuable tax reporting tools. These tools can help you generate various tax reports, such as W-2 forms, 1099 forms, and payroll tax summaries. These reports are essential for filing your annual tax returns and can also be used for internal financial analysis.

In conclusion, online payroll services offer a comprehensive solution for streamlining tax compliance for small businesses. By automating tax calculations, filings, and deposits, these platforms can save you time, reduce errors, and ensure that your business is always compliant with tax regulations. If you are looking to simplify your tax compliance process and focus on growing your business, an online payroll service is a valuable investment.

The days of manually filling out pay stubs are long gone. Today, most businesses opt for digital delivery, which offers numerous advantages over traditional paper stubs. Let’s explore why:

1. Environmental Friendliness:
By switching to digital pay stubs, you’re contributing to a greener planet. Paperless paychecks reduce the need for printing, paper consumption, and energy used for transportation. It’s a small step that can make a big difference.

2. Increased Efficiency:
Gone are the days of manually filling out pay stubs for each employee. With digital delivery, pay stubs are generated automatically, reducing the time and effort required. This allows your HR department to focus on more strategic tasks.

3. Improved Security:
Digital pay stubs can be securely encrypted and password-protected, minimizing the risk of unauthorized access or loss. This ensures that your employees’ sensitive financial information remains confidential.

4. Enhanced Accessibility:
Employees can access their pay stubs anytime, anywhere, simply by logging into their online portal. This eliminates the need for physical storage and provides convenient access to important financial information.

5. Cost Savings:
Digital pay stubs can help you save money on printing, paper, envelopes, and postage. These savings can be significant, especially for businesses with a large number of employees.

6. Better Organization:
Digital pay stubs are automatically stored in a secure online archive, making it easy to find and retrieve past stubs when needed. This eliminates the hassle of searching through physical files.

7. Reduced Errors:
Digital pay stubs are less prone to errors compared to manual processes. This reduces the risk of payroll mistakes and ensures that employees receive accurate compensation.

8. Improved Employee Satisfaction:
Providing employees with easy access to their pay stubs can enhance their overall satisfaction. It demonstrates your commitment to transparency and convenience.

9. Integration with Payroll Systems:
Digital pay stubs can be seamlessly integrated with your payroll system, streamlining the entire payroll process. This reduces the likelihood of errors and saves time.

10. Compliance with Regulations:
Many businesses are required to maintain records of employee pay stubs for a certain period of time. Digital pay stubs provide a convenient and compliant way to store this information.

Choosing the Right Digital Delivery Method:
When considering digital pay stubs, there are several options to choose from:

Email: This is a simple and straightforward method, but it can sometimes lead to spam filters blocking the delivery.

Employee Portal: An employee portal provides a secure and centralized location for employees to access their pay stubs and other important information.

Mobile App: A mobile app offers convenience and flexibility, allowing employees to access their pay stubs on the go.

Conclusion:
Digital pay stubs offer numerous benefits for businesses of all sizes. By switching to digital delivery, you can improve efficiency, reduce costs, enhance security, and increase employee satisfaction. It’s a win-win for both your business and your employees.

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