Since we explained the general features and benefits of Zenefits’ plans above, we’ll cover unique payroll-specific features Zenefits offers below.
Automated Payroll Taxes
Payroll taxes are a headache for many businesses. You have to navigate various complex tax rules for multiple employees, and failing to comply — even by accident — can result in fines and penalties.
Zenefits Payroll eliminates these worries by automatically calculating and filing your payroll taxes for you. It handles the most common federal, state, and local forms and 1099 IRS filings. It’ll even automatically file with the correct state to report new employees you hire.
Lifetime Account Access
One common pain point among businesses and employees is accessing tax documents after the employee leaves the company. Employees need to make sure W2s arrive on time and don’t get lost in the mail so they can do their taxes. When things don’t arrive, they understandably get worried and will have questions for you.
Not with Zenefits. Zenefits offers employees lifetime access to their accounts, meaning they can view any tax documents they need every year just by remembering their login information.
Extensive Labor Coding
As a business grows, so too does its complexity. Multiple departments, various office locations, tons of position types, and more all make it hard to make sure everyone’s getting paid properly.
Fortunately, Zenefits Payroll supports a vast number of labor codes, letting you get granular with your payroll data.
Garnishment Support
Wage garnishments add additional complications to your payroll. Zenefits eliminates this hassle by automatically calculating and setting aside the proper amount for any employees’ garnishments. Zenefits will even help you remit these amounts to Child Support agencies.
Reporting and Analytics
Payroll is a significant expense in any business. Reporting helps you understand your current payroll expenses and make better decisions regarding hiring and spending in other areas, among other things.
Zenefits Payroll offers numerous reports, such as:
- Payroll timeline reporting
- General ledger reporting
- Payroll and tax summaries
- Tax payments summaries
- Employee details reports
- Garnishment reports
And many, many more.
Thank you!