GTM Payroll Services Celebrates 30 Years in Business with $30K in Contributions to Community Organizations

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Donations just the latest way payroll firm has given back to the community since its founding in 1991

“We are incredibly thankful for all of our clients and partners who have been with us over the years. With their support of a local company like GTM Payroll Services, we are able return that commitment to the community with job creation and investment in the region’s economy.”

In recognition of 30 years in business and serving the Capital Region, GTM Payroll Services will be contributing $30,000 to community organizations.

The groups receiving donation are non-profit clients of the firm that collectively provide a variety of social services for families, children, seniors, and many others in need.

“Much like GTM, these organizations have long histories of serving their communities,” said GTM Payroll Services’ Founder and CEO Guy Maddalone. “They are indispensable resources for the Capital Region and we’re proud to support their payroll and human resources needs as well as their visions and missions.”

These contributions to local groups are just the latest way GTM has given back to the community since the company’s founding in 1991 with household payroll and tax management for families that hired household help.

That year Maddalone started his payroll business with a few hundred dollars and a small office in Colonie serving high-net-worth clients in the tri-state area.

GTM was one of the first firms in the country to provide “nanny tax” services, which became increasingly in demand after several high-profile nominees to federal government positions withdrew due to non-compliance with household employment tax laws.

Just 10 years after its founding, GTM moved its headquarters to a new 10,000-square-foot facility in Clifton Park and started a business payroll service that continues to serve the human capital management (HCM) needs of Capital Region companies of all types and sizes.

With both business and household payroll service offerings, GTM landed on the INC 5000 list of the fastest-growing, U.S. private companies in 2005.

Also that year, GTM made The Business Review’s Best Places to Work. A few years later the firm added the Times Union’s Top Workplaces to its accolades.

With its fun and engaging work environment, employee recognition programs, involvement in the community, and a commitment to client service, GTM continued to be acknowledged by both publications as a top employer in the Capital Region. GTM has been identified as an exceptional workplace a combined 24 times by The Business Review and the Times Union including recognition by at least one of these awards for each of the past 17 years.

In 2015, GTM added an office location in Glens Falls to strengthen its footprint and service capabilities in the Adirondacks region.

GTM began a partnership with isolved to deliver state-of-art HCM solutions to meet the demands of its growing client base and, in 2019, expanded into a new 12,500-square-foot building on its office campus in Clifton Park to meet the needs of its growing workforce.

“We are incredibly thankful for all of our clients and partners who have been with us over the years,” Maddalone said. “With their support of a local company like GTM Payroll Services, we are able return that commitment to the community with job creation and investment in the region’s economy.”

Today, GTM processes more than $1 billion in payroll every year for more than 44,000 employees. GTM’s staff of more than 70 employees includes certified payroll professionals, licensed insurance brokers, PHR-certified human resource managers, employment tax experts, and CPAs.

While 2021 marks a major milestone for the company, GTM Payroll Services and its employees get involved in the community every year by volunteering their time, participating in fundraising events, making donations, and contributing goods to local organizations.

About GTM Payroll Services
Founded in 1991, GTM Payroll Services is a recognized leader in payroll, tax, insurance, and compliance services for families that employ household help and human capital management solutions for businesses across all sectors and sizes. Today, GTM processes more than $1 billion in payroll every year for more than 44,000 employees. GTM’s staff of more than 70 employees includes certified payroll professionals, licensed insurance brokers, PHR-certified human resource managers, employment tax experts, and CPAs. GTM is an iSolved Network Certified Partner. The firm is SOC 1-compliant, the industry standard for client information security. GTM is an active member of the American Payroll Association (APA), Independent Payroll Providers Association (IPPA), Society for Human Resource Management (SHRM), and Professional Insurance Agents (PIA). The firm is also an accredited business with the Better Business Bureau (BBB). GTM has been featured by the Times Union and The Business Review as one of the best places to work in the Capital Region. For more information, visit http://www.GTM.com.

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Trevor Sparks
@GTMPayroll
since: 04/2009
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