ADP Benefits
- ADP prepares and files all payroll tax returns in addition to making tax deposits.Comstock/Comstock/Getty Images
ADP calculates payroll and payroll tax withholding, issues payroll checks and delivers them to the client's site or processes direct deposit to individual employees. This includes processing non-regular compensation, such as bonuses, and providing employees and 1099 independent contractors with year-end tax documents. ADP can also perform all compliance reporting to tax authorities and ensure that the required tax deposits are made on time.
The rules for payroll tax filings and deposits can be complicated and require strict adherence to deadlines that many employers find too cumbersome, expensive or risky to handle in-house. An authorized company employee can either call her ADP representative with payroll information or input the information directly online through a secure website. This convenience also saves duplication of data entry. - Providing mandatory workers' compensation insurance to employees can be a complicated, labor-intensive process that often requires employers to pay large upfront premium deposits based on estimated payroll data. ADP offers a workers' compensation program that can have a positive impact on an employer's cash flow by allowing premium payments based on actual, rather than estimated, payroll data and allow for manageable monthly premium payments. Like payroll tax deposits, ADP ensures that workers' compensation premium payments are made on time, reducing the employer's risk of cancellation.
- Benefits administration can be complex and time consuming for companies with a limited human resources staff.Hemera Technologies/PhotoObjects.net/Getty Images
ADP allows employers to outsource the often labor-intensive process of managing the administration of employee benefit programs. This includes providing web-based services that allow employees to update their personal information and access their payroll and benefits records. ADP can also track benefit plans, such as 401ks, SIMPLE individual retirement account (IRA) plans and executive deferred compensation plans. In addition, ADP's benefits administration program gives managers the ability to conduct performance reviews online without requiring the employer to make an extensive investment in systems applications. These services can be integrated with other payroll functions that streamline human resource management, compliance and reporting. - ADP can provide other payroll-related services that require special legal expertise, such as implementing court-ordered wage garnishments. As a professional provider of payroll services, ADP is familiar with the wage garnishment compliance laws that vary from state to state. It can ensure the correct execution of wage garnishments including remitting the payments to the appropriate agency.
Payroll Services
Workers' Compensation
Benefits Administration
Legal Issues
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