What is a third party payroll?
Most businesses outsource their payroll to a third party. The employer transfers the necessary funds to a third party, which then handles all payroll responsibilities. Wages are now paid by a third party rather than the employer, and are thus referred to as Third Party payroll.
Is it OK to work on third party payroll?
Another reason candidates may choose to be on a third-party list is that the job will always be at risk because it is on contract. Your payroll is managed by a third-party company that is supported by HR professionals, so you get paid on time without having to do a lot of follow-up.