Contingent Workforce Solutions

Payroll service companies such as ADP and Paychex do offer payroll processing, but they do not become the worker’s legal Employer of Record or Agency of Record. They do not assume any of the traditional responsibilities and liabilities that are associated with employees/workers. They normally only provide the bookkeeping function of cutting paychecks and calculating the applicable taxes.

Synergy does NOT charge a fee when you convert any worker that you have located. After we are notified of the date that the worker will transition from our payroll to your company’s payroll, we will process the necessary paperwork to ensure a smooth transition. Keep in mind that most recruiters charge large fees to convert.

Synergy pays workers on a weekly cycle based on time sheet transmittals. All time sheets require a signature from an authorized company representative at your location. This ensures the accuracy of the hours for payment. Direct Deposit is also available to all W-2 workers.

Synergy will invoice a company based on the hours that are authorized via a manager’s signature at the company. Time sheets are submitted with the actual invoice for tracking purposes. Standard invoicing is on a weekly cycle and customized invoicing is available.

The markup percentages for payrolling range from 12% to 30% of the candidate's base hourly pay. This can cover benefits, taxes, liability insurances, workers comp, etc. With ordinary contracting, these charges are part of the markup, but the recruiter's fee for finding the candidate is also included. When contracting a candidate located by the recruiter, typical markups range between 50% and 80% of base pay.