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!
Replies (8)
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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?
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.
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.