Businesses in the Human Care industry provide various forms of care and support to individuals who require assistance due to physical, mental or emotional needs. It encompasses a wide range of services aimed at providing for the well-being, health and quality of life for individuals across a wide range of age groups. Businesses in this industry category include general health, elderly, child, disability and mental health care as well as social services that address poverty, homelessness, family support and more.
The human care industry plays a crucial role in providing essential support, medical treatment, and assistance to individuals in need. The businesses in this sector work hard to promote good health, well-being and an overall quality of life. They require a dedicated workforce who often work remotely to provide in-home care to clients as well as in-facility care. This diverse workforce requires unique payroll and work management solutions to ensure employees are paid accurately while also making the accounting process manageable.
When designing a payroll solution for a human care industry business, we take the time to understand the business needs and the needs of the employees. We strive to provide each client with a customized and tailored solution to make processing payroll efficient while also providing a unique package of services to improve employees’ access to their payroll information and earned wages while also improving employee retention.
We also understand that payers, such as Medicare and insurance providers, can often take weeks…or even months…to remit payment for a covered client. As such, the accounts receivable for care industry businesses can be a challenge to forecast and manage. Payroll is a priority so some businesses seek the assistance of a line of credit to help address operational needs. With our Payro payroll funding solution, care industry businesses are able to apply for payroll coverage to fund payroll when cash flow is constricted without a conventional bank loan and going into costly long-term debt.
Our suite of services for human care businesses include:
Mobile Timekeeping – Our timekeeping solutions are ideal for remote and hybrid employees so that the business is able to accurately account for hours worked, meal and break periods, location and more.
Employee Self Services (ESS) – Our payroll platform offers employees access to their payroll information anytime via mobile or desktop access.
Earned Wage Access – Our Wages on Demand service provides employees access to their earned wages without having to wait for the next payroll.
Paycards – This is an ideal solution for those employees who do not have a bank account. With Paycards, employees receive their payroll electronically funded to a card that can be used for point of sale transactions or to withdraw cash from an ATM. This service saves employees check cashing fees and makes getting paid easier.
Payroll Funding – We understand cash flow in the care industry can often be constricted due to insurance billings and other third party payers. With our payroll funding solution, care businesses can apply for coverage to fund payroll without going into long-term debt from a traditional loan.
HR Compliance – Our HR on Demand service provides access to expert human resources advice. Ensure compliance, overcome personnel challenges, get access to regulatory information and more.
Employee Retention – Hiring and retaining top performing people is a challenge for every business. With our BenefitHub service, businesses can offer this employee perk absolutely free…just for being an SDP client.
For more information about our customized Care Business services, please contact us at 909.946.2032. Or, click here and Let’s Talk!
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*Southland Data Processing, Inc. (“SDP”) is not a law firm. This article is intended for informational purposes only and should not be relied upon in reaching a conclusion in a particular area of law. Applicability of the legal principles discussed may differ substantially in individual situations. Receipt of this or any other SDP materials does not create an attorney-client relationship. SDP is not responsible for any inadvertent errors that may occur in the publishing process.