A VP at a charter school ran monthly and semi-monthly payroll for 120 schools each with 20-500 employees and needed a faster way to manage deduction balances. Teachers usually withhold a percentage of their income earned over ten months as a post-tax deduction. This withholding is then used to pay the teacher over the summer months. The VP consistently spent three hours per school per year manually moving these deduction balances.
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PayBridge created an automated payroll solution that allowed customized deductions for defined periods. This solution then automatically paid the amount back over the summer, according to the teacher’s contract.
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PayBridge was able to eliminate a highly manual and laborious process to save the VP approximately 360 hours of work per year.
Want to hear more about how we help charter schools?
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We'd love to help!
Get in touch, we'll show you the software and discuss the ways we can help improve your organization's payroll and HCM services
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