If you prefer to hire your candidates as W2 employees, the platform allows you to choose that employment type. You can process W2 payroll on your platform by following the steps below.
Becoming an Employer of Record
Becoming an employer of record involves three steps. Navigate to Configuration → Platform Setup → Business Model → and click on the Employment button under Engagement Type; then click Set Up Payroll to start the process.
Step 1
Provide basic company information and complete onboarding form.
Step 2
Fill out required tax information.
Step 3
Add default workplaces. To learn more about adding workplaces, see this article.
2. Hiring Employees
Step 1
Make an Offer- To make an offer to a candidate, navigate to Platform setup → Your Team → Employment tab, fill in the necessary information and hit “Hire”. This can also be done from the candidate’s profile under the “Employment” tab.
Step 2
Employees will complete onboarding once they have accepted the offer.
Your Team View
Candidate Profile View
3. Running Payroll
Step 1
Approving Timesheets
Running payroll involves the approval of timesheets which pushes them to payroll processing. Employee hours are automatically added to timesheets, after which timesheets are automatically converted and grouped for employees. Once a week, an internal team member would go in and approve timesheets to enable payroll processing, which can be done multiple times. All pay stubs will be visible to both employees and your Internal team.
Step 2
Running Payroll
To run payroll, navigate to the Accounting tab and hit Payroll. This will open the W2 dashboard where your internal team can view all pending payroll items. The number of items will be displayed, if you click on it, it expands to reveal the items which are grouped weekly. All you need to do is hit Process Payroll in order to pay your employees.