On top of our intuitive HR, payroll, timekeeping and reporting tools, Paycor offers a range of additional services:
With this service, Paycor prepares 401(k) information and provides a data file, which can be directly forwarded to your retirement administrator. The file is pre-formatted to their specifications and includes the data your retirement administrator needs to properly invest funds in employee accounts. Some files can be directly sent to your 401(k) administrators from Paycor.
Paycor's pay-as-you-go solution manages your cash flow by spreading out your workers’ compensation expenses throughout the year. Because premium amounts are calculated each and every payroll period, you reduce the risk of a negative audit at the end of the year.
With e-Child Support, all child support payables are debited from your account and electronically paid from Paycorʼs account. This alleviates the need of having to send checks to various state child support agencies. Paycor e-Child Support takes care of submitting all payments within the due dates specified by each stateʼs requirement.
Tax Credit Services
Each year companies forfeit millions of dollars in federal, state and local tax credits. Up to 20% of new hires qualify for tax credits worth up to $9,600 each. With Paycor and our tax credit partner, TaxBreak, you can make sure you have an expert on your side identifying and filing the credits for which you qualify.
Paycor offers several wage payment options, including direct deposit, Paycor official checks and paycards.