Hiring Payroll Employees is a BIG responsibility, requiring extra paperwork, costs, and complying with labor laws. They should be seen as a valuable asset to your company and, in return, you should be able to take care of them well.
You pay a “Company Share” (or ½) of their Social Security and Medicare taxes, which is 7.65% of their gross pay. You also pay Unemployment Insurance, which is at an experience rating – anywhere between 0% and 7% of their gross pay. You withhold the employee’s share and pay it when due. You also pay Worker’s Comp Insurance and maybe other benefits.