How PayStreet Works
We simplify payroll management with our user-friendly online platform
Setup
Start quickly with PayStreet's easy and intuitive setup process. We handle the entire onboarding journey from start to finish. After entering all your employee details, we'll schedule a training session to initiate the process effectively.
Start Payroll Cycle
After successfully completing your company's onboarding, you're ready to begin immediately. A new payroll cycle will be started, enabling you to begin entering data for the ongoing pay period.
Add New Hires
Before running payroll, it's important to add any new hires to the system. This step ensures that everything is in place and ready when it's time to process payroll, allowing for a smooth and efficient operation.
Employee Changes
Before inputting details like employee hours, bonuses, and tips, make sure to update the system with any needed changes. This includes implementing rate adjustments, modifying employee withholdings, adding new job codes, and making any other pertinent updates.
Enter Data
Before finalizing, take a moment to preview the payroll and scan for any irregularities or errors. Once you've reviewed and confirmed that everything appears accurate, you can submit the payroll. This process ensures everything is in order, allowing you to quickly return to managing the other aspects of your business with peace of mind.
Preview/Submission
Input employee hours, bonuses, tips, or any necessary earning codes as per your company's needs. Should you choose to utilize our import functionality, you'll only need to forward your employee hours report, and we will handle the payroll processing on your behalf.
Payroll Service FAQs
Employees have access to a variety of health insurance plans, including HMOs, PPOs, and HSAs. Enrollment is typically conducted during the annual open enrollment period or upon qualifying life events through our online portal.
PayStreet's Role: PayStreet, streamlines this process by offering an online benefits administration platform where employees can easily compare plans, understand coverage details, and enroll electronically without paperwork.
The company offers retirement savings plans like 401(k) or 403(b), with options for employee contributions and potential employer matching. Enrollment is open year-round, and employees can sign up or adjust contributions at any time through their employee portal.
PayStreet's Role: PayStreet leverages Apex HCM to facilitate the enrollment and management of retirement plans. We provide tools for tracking contributions, selecting investment options, and monitoring account growth directly through the platform.
Employees can request paid time off by submitting a request through our digital HR system. Requests are then reviewed and approved by management. The system tracks accrued time off and ensures transparency in how much leave each employee has available.
PayStreet's Role: PayStreet offers a digital leave management system that automates the tracking and approval process for PTO requests, ensuring accuracy and ease of access for both employees and managers.
Yes, employees may be eligible for additional perks such as tuition reimbursement, wellness programs, and employee assistance programs, designed to support their personal and professional growth.
PayStreet's Role: Through the Apex HCM platform, PayStreet provides a centralized hub where employees can learn about, apply for, and manage all their additional benefits, simplifying access and participation in these programs.
The company offers maternity/paternity leave in accordance with federal and state laws, as well as any additional benefits the company may provide. These benefits are detailed in our employee handbook and managed through our HR department.
PayStreet's Role: PayStreet ensures that all family-related leaves are managed effectively allowing for seamless tracking and coordination of leave periods, ensuring compliance and supporting employees through their leave.
PayStreet, in conjunction provides a robust, user-friendly platform for benefits management that enhances the employee experience while ensuring that employers stay compliant with all relevant regulations and internal policies.
