Payroll: what is it and how does it work? | Payrolling (2024)

everything about payrolling

what is payrolling? payrolling costs see the advantages we take care of client testimonials frequently asked questions get in touch! klik hier voor nederlands

what is payrolling?

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what does payrolling mean?

Payrolling means that you as an employer are in charge of selecting your own personnel, recruit and guide them, but the risks and legal obligations that come with it are outsourced. In other words, your employees are under contract with a payrolling company and this party arranges all administrative, financial and legal matters regarding your personnel.

Together with Randstad, it is easy to set up a payroll structure. Meaning we make sure everything is taken care of for you and your employees! We will take over the legal employership. This will prevent risks and worries about:

  • continued payment in the event of an employee's illness;
  • providing paychecks;
  • processing reports of illness and recovery;
  • pay payroll taxes.

So, you no longer have to worry about the employment contract, the payroll administration, or guidance in case of absenteeism due to illness. You can fully focus on your own work. Thats what we call being smart while hiring employees!

see how payrolling works

Payroll: what is it and how does it work? | Payrolling (9)
Payroll: what is it and how does it work? | Payrolling (10)

Why is payrolling such a smart solution for some companies and organisations? It has to do with these five advantages: convenience, outsourcing risks, clarity, flexibilty and happy employees! Want to know more about the added value of payrolling and how this can help you and your company? See it here!

read it here!

meaning payrolling with randstad

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what is payrolling at randstad?

Want to know more about the meaning of payrolling with Randstad? Our payrollconstructions are very simple. You recruit and select your employees yourself and then register them in the Randstad payroll portal. Your employees work for your organisation, but are on our payroll. We will send you invoices according to the agreed rate, and are very transparent doing it. By doing this, we are taking over your administrative work without any surprises in the end!

when you take care of:

  • registering new employees in the portal;

  • help new employees with onboarding and guidance about standard agreements.

…then we will take care of this for you!

  • legal screenings on ID, work history and workpermits;
  • a contract within 24 hours (in the online portal);
  • 24/7 portal access;

  • management reports;

  • guidance and help in case of absenteeism due to illness;

  • helpdesk for all payrollemployees;

  • highly skilled migrants, interns and/or 65+ will be placed for you;

  • personal growth with online trainings by Randstad.

Curious what we can do for you and your company? Contact us by filling in this form, and get a response within 24 hours. Rather call? We are available for you monday through friday from 08.30h - 17.00h at 020 398 90 30. We are happy to explain everything to you personally.

Payroll: what is it and how does it work? | Payrolling (11)

Want to know how we calculate the costs for payrolling? And what this would mean for your company? Read more on this page and receive a free price quotation!

click here for a free price quotation!

why payrolling with randstad

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the added value of payrolling with randstad

There are numerous reasons why companies choose a payrollconstruction with Randstad. Below you can find what a collaboration with a payrollcompany looks like and how this can help your company move forward:

1. good employment practices:

This is the most important value for us. Our goal: everyone rating our payrollconstruction with an 8+. During the collaboration we will make sure payroll employees and permanent employees have the same employment conditions. In addition, you have the option for advice or other employees when a payrollcontract ends.And, when it comes to personal growth: all payrollemployees have free access to Randstad's online studies and trainings.

2. up-to-date knowledge of the labormarket:

We combine our knowledge with marketdata to see how the market moves. We share this knowledge through newsletters, and whitepapers, but mainly through personal advice on your personnel policy. By doing this, we are always prepared for the market demand and the challenges that will soon face us in the field of personnel.

3. advice fit to your company:

Together, you and us, we will search for the best solution to your personnel matters. Fully customized to your company. We have various solutions. A few examples; inhouse, poolmanagement, recruitment, or a combination of all. This will give you the right people in the right place within your organisation.

4. personal collaborations:

We are firm sustainable collaboration believers. We take care of that by linking you with your own contactperson. Your own accountadvisor specialized in your field of work to be exact. This means a familiar face on speed dial, whom you can trust and who knows your company inside out. Isn't that nice?

I hear your thinking: nice you can help us out, but what does it cost? Well, by filling in this form, you can request a rate right away and without any obligations.

Want to get to know us first or do you have any other questions? Contact us through this form or call 020 398 90 30. We are here to personally explain you everything you need to know!

Payroll: what is it and how does it work? | Payrolling (12)

Want to hire a highly skilled migrant, but the process is too complicated for you? Randstad Payroll can offer highly skilled migrants a solution. Read more about how payroll can be a smart way for hiring these employees.

read more

see why just eat takeaway works with randstad payroll

Payroll: what is it and how does it work? | Payrolling (21)

this is what clients say about randstad payroll

what payroll means for ggd groningen:

If you want to reduce your risks as an employer, payroll is a good solution. But how do you approach this together?

Hr-advisor Andries Riemersma, GGD Groningen, explains how he experienced the collaboration with Randstad Payroll Solutions. His organisation has been working with Randstad Payroll for a couple years now. The biggest advantage? 'The system being so well organised', says Andries. 'Randstad works with a good online environment where you enter data and change contracts. It is very valuable when it works well'.

what payroll means for zuyd hogeschool:

As an educational organisation with almost 2000 employees, how do you properly manage your personnel administration?

At Zuyd University of Applied Sciences, they found their match in Randstad Payroll Solutions. Hr-director Paul Stallenberg explains how this collaboration came about. The big advantage? 'Due to the self-bearing risk in our collective labor agreement, hiring temporary people yourself can entail a financial risk for us. To insure this risk, we opt for payroll in specific cases'.

More than 1000+ clients and customers rate our services with an 8+. Want to know more about how we achieved this success? Contact us through this link, or call 020 398 90 30. We would love to personally explain what payroll is and how we can help your business.

Payroll: what is it and how does it work? | Payrolling (22)

Are you under high pressure during recruitment- and contractprocesses of vacation workers? Randstad Payroll Solutions can take that pressure away for you. Not only will the process for vacation workers be flawless, but also quick! Get in touch and let us advice you.

let us advice you!

the hr-expert for payrolling

payrolling specialist in your field of work

Over the past 60 years, we have been the worldwide hr-expert specialised in different fields of work. That is why you can trust us with your eyes closed on our knowledge and experience. We are always eager to know how the market is or will be moving, and we have up-to-date knowledge about collective agreements within those different fields. We offer security with an extended network of legal specialists, to make sure contracts will always follow the latest laws and regulations. Therefore your organisation will be ready to face today and tomorrow.

Randstad is the hr-specialist within these fields:

  • education;
  • healthcare;
  • customer service;
  • logistics;
  • hospitality;
  • & government.

what is payrolling?

  • what is a payroll agreement?

    A payroll agreement is a 'contract' between two companies in which agreements are set about the legal employment status of employees. This concerns employees who have been selected by the client, but are Randstad's responsibility for legal employment status and associated risks. The agreement also discusses which selected product forms are best suited for your company and which arrangements are involved.

    Want to know more? Get in touch with our advisors!

  • what does payroll mean?

    Payrolling means recruiting your own employees without taking care of contracts, administration and other employer obligations. It actually brings numerous advantages for employers. Recruit, select, and guide your own employees, we take care of the rest.

    Want to know more? Get in touch with our advisors!

  • how does payrolling work?

    When working with a payroll construction, you outsource the legal responsibility you have as an employer. This means you are in charge of recruiting, selecting and guiding the new employees, but you don't carry these risks. You also don't have to do the payroll administration, we take over those tasks for you.

    The portal process is as follows:

    • you register the employee with us through the online portal - this only takes 2 minutes;
    • from this point, we take over your tasks;
    • we contact the employee and within 24 hours they can start working.

    This way we take care of everything for you!

    Want to know more? Get in touch with our advisors!

  • what is the added value of payroll?

    We offer numerous advantages for you and your company through payrolling:

    • ease - we take care of personnel administration and absenteeism guidance;
    • outsourcing risks - you outsource your employership to us, so you no longer have to deal with legal risks such as illness or disability;
    • clarity - your personnel costs are set in advance and we will arrange the payroll administration for you. This way you will never be faced with any surprises;
    • flexibility - need extra employees as soon as possible? With payroll you are flexible, making sure your workforce always suits the situation;
    • satisfied employees - payroll employees receive the same employment conditions as permanent employees.

    Want to know more?Get in touch with our advisors!

  • what are the costs of payrolling?

    Since the 'balanced labor market act' was introduced in 2020, payroll companies are obligated to follow the client's collective labor agreement. This gives payroll employees the same rights and rewards as permanent employees. In addition, this means the costs of payrolling are dependent on the employment conditions. When working with Randstad for payrolling, depending on the selected product, the conversion factor can start at 1.77. We are happy to get in touch with you to give more information on the costs for your specific situation.

    Example calculation 'regular payroll employees':

    • employee's gross hourly wage: €11,-
    • conversion factor: 1.7437
    • costs paid for employee: €11,- x 1.7437 = €19,18 per hour worked, ex. VAT

    Example calculation 'AOW workers':

    • AOW pension = a basic state pension provided by the Dutch government to people who have reached the pension age
    • employee's gross hourly wage: €11,-
    • conversion factor: 1.3019
    • costs paid for employee: €11,- x 1.3019 = €14,32 per hour worked, ex. VAT

    > get a price quote from our team
    > get in touch with our advisors and ask all your questions

  • do I need to have an entity in The Netherlands to payroll?

    No! If you, as an employer, have recruited employees who you want to deploy from The Netherlands, we can help you! Randstad takes over the legal employership of these employees. That's why it's not necessary to have an entity in The Netherlands.

    Since Randstad Payroll Solutions has also been a recognized reference at the IND* for years, we are able to pay residents of the European Union and abroad. Invoicing abroad is also no problem, as long as we have approval from your legal and risk department.

    *IND = Immigration and Naturalization Service

    Want to know more? Get in touch with our advisors!

  • what is the difference between payrolling and candidates on assignment?

    When working with candidates on assignment, you work with temporary employees and we recruit those employees for you. When working with payrolling, you are in charge of your employees, but we take care of the administrative tasks and payroll administration for you.

    Want to know more about the difference? Get in touch with our advisors!

  • what is the difference between secondment and payrolling?

    The difference between secondment and payrolling is in the agreement. In both cases, there is a legal employer, Randstad, and a client. When you work with secondment, a client calls on Randstad to find suitable employees for an assignment with a fixed term. When this assignment has been completed, the employee will return to Randstad.

    With payrolling, exclusivity applies to the client that recruited the employee. Randstad follows the term as discussed by the client and employee and when this contract expires, the employee's contract with Randstad will expire as well.

    Want to know more? Get in touch with our advisors!

  • can I payroll AOW workers, highly skilled migrants and interns?

    Yes. You can payroll your AOW workers*, highly skilled migrants and interns. We charge lower rates for these employees. Want to know more? Fill in this contact form, or call us on020 398 90 30. Read more about payrolling highly skilled migrants here!

    *AOW pension = a basic state pension provided by the Dutch government to people who have reached the pension age

    *AOW workers = the people receiving this pension

  • is randstad a recognized reference at the IND?

    Yes, Randstad has been a recognized reference at IND* for years. Your highly skilled migrants can be payrolled with Randstad. In addition, we can facilitate special conditions such as the 30% percent ruling and even take over the complete application.

    *IND = Immigration and Naturalization Service

    Want to know more? Get in touch with our advisors!

  • what does payrolling mean for my employees?

    Your employees are in good hands! We always pay all employees on time and in accordance with your collective labor agreement. In addition, we also offer numerous extras. When working with us, employees have access to our online My Randstad portal. Here they can find their pay slips and declarations. All employees can also follow free additional courses and trainings.

    Want to know more? Get in touch with our advisors!

  • what happens when an employee is ill?

    When an employee of Randstad Payroll Solutions becomes ill, we (Randstad) are always responsible for the 'Gatekeeper Improvement Act'. We are the employer on paper and support and guide the employee during this illness. We are also responsible for a succesful reintegration. Of course, all of this happens in contact and consultation with you as our client. As a client, you can choose whether you want to insure your healthcare costs through Randstad or whether you want to bear this risk yourself.

    Want to know more? Get in touch with our advisors!

  • is payrolling wage labor?

    Yes, as a payroll employee you are employed by the payroll organisation. When working with us, Randstad Payroll Solutions will be that organisation. The payroll organisation has made agreements with your employer regarding the hirer obligation, takeover of employees and the term of the contracts.

    For payroll employees, the fixed-term employment contracts, as mentioned in the collective labor agreement of the client, are applied. The client and the employee make binding agreements about the duration of the assignment. Randstad follows the agreements made and will facilitate this.

    Want to know more? Get in touch with our advisors!

contact us

get started with payrolling

► contact us by calling:020 398 90 30(we are available on weekdays from 08:30h - 17:00h)
► you can also ask your question by filling in the contact form below

We would love to assist you in finding a solution fitted to your company!

ask us your question

payrolling close to you

  • Emmen
  • Amsterdam
  • Apeldoorn
  • Heerenveen
  • Helmond
  • Hengelo
  • Maastricht
  • Zwolle
  • Rotterdam
  • Eindhoven
Payroll: what is it and how does it work? | Payrolling (2024)
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