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Payroll Service Fees

Monthly payroll fee structure

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Hi All,

Without asking anyone to give away their fee structure I'm looking for a guide price on monthly payroll for a client with 40-49 monthly paid employees, some salaried and some on hourly/daily rates.

I think I have been very much underpricing our services!

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By Duggimon
09th Apr 2020 13:58

We do a couple of restaurants with comparable numbers, though nearly all staff are variable hourly rather than salary, it's about £1100+VAT per quarter but we do their accounts and tax as well so there may be some loss in there that's covered by the profit from the rest.

What are you charging?

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By NYB
09th Apr 2020 13:55

I have one client similar with 30 employees @ £200 pm.
Another with 35 £240. One is a wine bar & another a hotel. Both with high staff movements.

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By SteveHa
09th Apr 2020 14:55

Why anon?

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Replying to SteveHa:
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By Steve Gilbert
09th Apr 2020 16:24

Nothing sinister, just I dont have a user name, so dont want to be identifying myself.

I'm charging £75 a month, but to be honest I feel I'm giving it away, answer suggest I'm right!

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By SouthCoastAcc
09th Apr 2020 15:04

I'd be starting at £250 a month and adjusting it from there

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By SouthCoastAcc
09th Apr 2020 15:04

I'd be starting at £250 a month and adjusting it from there

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By leicsred
09th Apr 2020 16:16

Wow - I seriously undercharge - we would be about £100 to £150 per month

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By SXGuy
10th Apr 2020 19:34

I don't have any clients with that level of employee but I usually charge x per employee per period of pay plus associated costs of running payroll.

I charge a year in advance then at the end of the year work out actual cost for the year and deduct their advance payment then add back expected cost for the following year.

Prob doesn't help you to work out a fee but it's prob a different fee structure to some others.

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