Mitigate Risk with Payroll & Benefits Administration
With our Risk Mitigation Services, your non-agency represented contingent workers are added to the nextSource payroll, thus minimizing co-employment risks and eliminating paperwork associated with benefits, payroll and related tax issues. Eligible workers may include: 1099s, Independent Contractors (IC), retirees, or summer interns.
Advantages:
- Minimize your exposure to IRS and co-employment issues, while maintaining flexible workforce capabilities
- Reduce overhead with payroll taxes (FICA, FUTA, SUI), unemployment, disability and workers' compensation and employee claims -- all handled by nextSource
- All workers are covered under nextSource's comprehensive general liability and workers' compensation insurance policies
- Eliminate on-boarding and off-boarding administrative costs
- nextSource provides bi-weekly payroll processing for all employees and offers an option for direct deposit by electronic payroll
- nextSource offers its employees participation in our 401(K) Investment and Savings Plan
- Health and Life Insurance is provided by nextSource through a variety of regional and national Insurance Plans and HMOs
nextSource People Time Payroll
nextSource's People Time enables users to collect and report employee time and cost data in real-time, rather than by using paper time cards. Using a Web-based interface, People Time allows businesses to reduce the administrative burden and data entry mistakes associated with monitoring employee time, attendance and overtime costs on paper.
People Time also offers the capability to implement labor scheduling, hour restrictions, flexible accrual rules and more. Comprehensive security features protect sensitive employee information from unauthorized access and limit individual supervisors or managers to information for only those employees within their department.
For companies wanting to automate employee time tracking, nextSource's People Time offers:
- Consolidated invoicing
- Pre-coded invoices tailored to your company's accounting needs
- Direct interface with any accounts/payable system
- Fair and uniform enforcement of organizational policies, providing access to critical information on a detailed or exception basis
- Encourage employee morale by administering consistent and unbiased work rules through labor scheduling
People Time's intuitive software requires little support which facilitates fast implementation and user training. Data synchronization tools ensure connectivity with other information systems, helping you establish intelligent and efficient business processes.

