According to a study by the National Retail Federation, almost 50% of consumers do their Holiday shopping on the weekend between Thanksgiving and Cyber Monday. The Research also indicated that a significant portion of customers preferred starting out as early as mid-October as they believed Holiday shopping is only more likely to get expensive closer to Christmas. This means, retailers have to step up their game well before the Holiday season in order to be able to meet the demands of these early-bird customers successfully. Among other things like ensuring their inventory is stocked, outlets are decorated to reflect the Holiday spirit, the website, IT infrastructure and payment processing systems are robust enough to handle the sudden spike in transactions, there’s one more important area to look into–temporary staff.
As a retailer, seasonal hiring to take care of your holiday shoppers is a must! However, overworking your payroll department is optional (and not so nice!)! Hiring staff on a seasonal basis is a great way to effectively meet the resource crunch that retailers often face this time of year. However, it also means a lot more paperwork that needs to be completed and on a tight schedule. Processing hundreds of offer letters (and even thousands if you are a large-sized retailer) can be challenging as your payroll department may not be staffed to meet this temporary spike in workload. Consider your options this holiday season, including the use of payroll processing service providers to tackle all your seasonal hire offer letters.
Outsourcing your payroll management process during this busy season to a trusted payroll service provider can be an efficient and cost-effective solution to this challenge. However, before you proceed make sure your payroll management services vendor–
Is able to offer same-day turnaround
Temporary retail help is in high demand during the holiday season and you need to be quick in hiring and processing their offer letters. A payroll management service provider who can process your offer letters within 24 hours can make all the difference.
Has expertise in leading retail payroll management platforms
It is important that the firm you outsource your payroll management process to has expertise in the payroll management software that you are using. Whether it is ADP or any other retail payroll management software, your vendor should have a sound understanding of the platform so they can process your offer letters accurately and quickly.
Is cost-effective
While the Holiday season is likely to bring you a significant amount of revenue, it also involves significant investment. Make sure outsourcing your payroll management services is cost-effective, helping you save money and get better ROI in your temporary hiring.
It is the season to be jolly…why let “seasonal hire“ paperwork be your folly!
RE BackOffice can help you tackle the mountain of HR/payroll paperwork with affordability and ease.
