Our Frequently Asked Questions

Payroll Manager is a broker specializing in payroll and employee benefits.

We are best known for providing affordable benefits and back office solutions for self-employed contractors and small business owners, that makes up a large portion of the forgotten work force.

Payroll Manager represents a number of insurance companies, payroll providers and Professional Employer Organizations (PEO) to find the best solutions for your company.

Our target market is professional white collar employers, such as: Lawyers, Doctors, Financial Planners, Real Estate, IT Professional Services, Freelance Developers, Insurance Brokers, Business Consultants and Manufacturers Reps to name a few.

As a small business owner you have very few choices of where to buy health benefits and are usually directed to the health exchange which is very expensive, with high deductibles and limited coverage.

By joining Milton Park Partners, you become a part of a much larger aggregated group that gives us the buying power to purchase affordable insurance and benefits not currently available to you,

Another advantage plus you will also minimize your year-end tax liability and because the benefits are Pre-Tax (Section 125) deductions, the program virtually pays for itself!

We have NO open enrollment periods for new employees, so you can join year round.

If you are a sole proprietor or self-employed you will be on a monthly payroll and paid on the last day of the month.

If you are a small business and have a few employees, you can pay either monthly or have the option to pay semi-monthly. This will all be discussed during your onboarding process with your Client Account Manager.

All the applicable income taxes will be drawn from your business account and submitted by your employer, Milton Park Partners, who then assumes the liability. 

Approximately 7 business days prior to pay date, Milton Park Partners will send you a detailed invoice for the amount of payroll you decide (Monthly minimum amount is $3,000) applicable payroll taxes and insurance premiums.

Once you approve the invoice, Milton Park Partners will ACH the funds 5 business days prior to your pay date.

To qualify for exempt employee status, beginning January 1, 2020 the DOL requires that exempt salaried employees must be paid at least $684 per week, or $35,568 annually.

Employees who do not meet this salary level must be classified as non-exempt, and be paid overtime for all hours worked over 40 in a workweek

At the time of enrollment, you will be assigned a Payroll Specialist and Client Service Representative to answer your questions and assist with the onboarding process. 

You are also encouraged to include your representative from Payroll Advantage in email communications to help ensure your answers are being addressed.

We take our motto serious, You’re in Business for yourself, Not By Yourself, because like you, we have all been small business owners and needed a helping hand from time to time.

You can change your current carrier at any time. Health insurance, like auto insurance it is a month-to-month contract.

One of the responsibilities of a Milton Park Partners is to provide clients with guidance and education regarding employment laws and regulations. Ultimately, the responsibility for complying with most of these laws lies with the client.

By providing a comprehensive benefits plan with Milton Park Partners it gives employers the opportunity to attract better employees, retain existing employees, compete with large employers and become an employer of choice.

We also provide a professional staffing group which provides access to discounted professional recruiting services.

We have partnered with Milton Park Partners. They are a staffing company, that specializes in working with the self-employed and small business owners to aggregate their employees for more buying power of employee benefits and services.

You are not locked into any long-term contractual agreements and if you choose to exit the program, we ask that you give us a 30-day notice. The health insurance coverage will end the last day of the month.

Milton Park Partners and Payroll Advantage have partnered to provide a complete employment solution that allows you to grow your business and outsource your back-office administration.

If you falsify your employment paperwork or fail to fund your payroll, you will be contacted by HR and could be subject to termination.