Paycheck Plus review – Services, prices and features explained

Paycheck Plus stands out as a specialist in payroll outsourcing, offering a wide array of payroll services, including UK payroll, international payroll, and additional payroll-related services. This review provides an in-depth look at Paycheck Plus service offerings, pricing structure, and key features.

Full range of services offered by Paycheck Plus

Paycheck Plus provides an extensive range of payroll solutions, catering to businesses of all sizes and industries. Here’s an overview of their services:

UK payroll services

Paycheck Plus offers a comprehensive UK payroll service designed to handle the unique requirements of businesses operating within the UK. These services include:

1. Payroll processing: Accurate salary calculations, tax deductions, and pension contributions in compliance with HMRC regulations.
2. Payslip distribution: Payslips can be distributed electronically or in hard copy, depending on the client’s preferences.
3. Employee self-service portal: A secure online portal where employees can access their payslips and tax documents.
4. Pension management: Ensuring compliance with the UK’s auto-enrolment pension regulations, including regular contributions and reporting.
5. Payroll compliance: Assistance in adhering to UK payroll laws, including PAYE and National Insurance contributions, while staying ahead of regulatory changes.
6. End-of-year reporting: Generation and submission of P60s and other necessary end-of-year documents to HMRC.
7. Temporary and contract worker payroll: Management of payroll for part-time, temporary, and contract workers, ensuring compliance with tax laws.

International payroll services

Businesses with global operations often face complex payroll challenges, including compliance with various local laws and currency management. Paycheck Plus simplifies this with their international payroll services, which include:

1. Multi-country payroll: Management of payroll across different countries with local compliance for tax and employment laws.
2. Multi-currency payroll: Handling payroll in multiple currencies, ensuring accurate payments to employees regardless of their location.
3. Compliance with local laws: Paycheck Plus ensures all international payrolls adhere to local employment laws, tax obligations, and social security requirements.
4. Consolidated reporting: A centralised system for global payroll reporting, giving businesses a clear, consolidated view of their payroll expenses across all locations.
5. International payroll experts: Dedicated specialists who ensure that clients’ international payroll operations run smoothly and in full compliance with local regulations.

Additional services

In addition to UK and international payroll services, Paycheck Plus offers a number of other services that support businesses’ broader payroll and HR needs:

1. Payroll audits: Comprehensive payroll audits to ensure compliance, accuracy, and efficiency in payroll management.
2. Payroll consultancy: Advisory services to help businesses optimise their payroll processes, improve efficiencies, and reduce costs.
3. Payroll health checks: Regular checks to ensure payroll systems are operating efficiently and are fully compliant with current legislation.
4. Payroll outsourcing for accountants: Support for accountancy firms that wish to outsource their clients’ payroll processing.
5. Gross-to-net calculations: Paycheck Plus can provide detailed gross-to-net calculations, ensuring employees are paid the correct amounts after all deductions.
6. Holiday pay and entitlement management: Accurate calculation and management of holiday pay and entitlements, ensuring compliance with employment regulations.
7. Statutory payments: Management of statutory payments such as maternity pay, sick pay, and redundancy pay, ensuring compliance with legal requirements.
8. Backdated payroll adjustments: Handling any necessary corrections for previous payroll periods, including backdated payments and adjustments.
9. Benefit in kind management: Managing non-cash employee benefits and ensuring they are correctly reflected in payroll and tax calculations.
10. Payroll training: Paycheck Plus provides training to HR and payroll teams on best practices and legislative changes.

Prices and costs

Paycheck Plus operates a bespoke pricing model, where fees are tailored to the specific needs of each business.

The cost of services depends on a number of factors, including the size of the workforce, the complexity of the payroll, and the specific services required.

For example, a company that only needs basic payroll processing for a small number of employees will typically pay less than a multinational corporation with more complex requirements.

While the pricing details are not publicly available, businesses can expect Paycheck Plus to offer competitive rates, particularly for UK payroll services. International payroll services, given their complexity, may come at a higher cost.

However, the value added through compliance management and expert handling of multi-country payrolls can often justify the investment.

Features and benefits

1. Expert knowledge: Paycheck Plus is staffed by payroll experts who stay abreast of the latest regulatory changes, providing a high level of expertise and assurance to clients.
2. Customisable solutions: The company offers flexible and customisable payroll services, ensuring that businesses only pay for the specific services they require.
3. Scalability: Paycheck Plus’ services are scalable, meaning they can grow alongside a business, making them a suitable partner for companies of all sizes, from SMEs to large multinationals.
4. Compliance focus: Ensuring compliance with payroll regulations is a top priority for Paycheck Plus, helping businesses avoid penalties or legal issues related to payroll errors.
5. Accuracy and reliability: By outsourcing to Paycheck Plus, businesses can expect high levels of accuracy in payroll calculations, tax deductions, and statutory payments.
6. Dedicated support: Clients are assigned dedicated account managers to handle their payroll queries and ensure a smooth service delivery.
7. Data security: Paycheck Plus places a strong emphasis on data protection, ensuring that sensitive payroll information is stored securely and in compliance with GDPR and other data protection laws.

Conclusion – Paycheck Plus review

Paycheck Plus offers an extensive range of payroll services that cater to both UK-based businesses and those with international operations. Their ability to manage complex multi-country payrolls, combined with their expertise in UK payroll, makes them a strong option for businesses looking for comprehensive and reliable payroll services.

Their additional offerings, such as payroll audits, consultancy, and training, add further value, making Paycheck Plus more than just a payroll processing company—they are a full-service payroll partner. While pricing is bespoke, their tailored approach ensures businesses pay only for what they need, making them a cost-effective choice for companies of all sizes.

Paycheck Plus FAQ