You are the Human Resources Manager for Sony Canada Inc. and as part of the budget review this year, you have been asked to compile a memo for the CEO, Tony Blair to address his concern. The company is looking at the advantages versus disadvantages it would face if it outsourced the payroll function, or if it should continue to maintain the in house payroll system with all 5 payroll clerks. Provide a detail analysis addressing the cost efficiency, how the conversion would be implemented, as well as all the pros and cons related to these two different methods. Your opinion is highly valued but the CFO wants to have all the information possible to make a decision that will be best for the company in the long run. The memo should be clear, and well informed, be between 500 words and cover all the basis.
PAYROLL COMPLIANCE SONY CANADA INC.