Payroll Outsourcing

Introduction:

Payroll outsourcing allows you to hand over the responsibility for managing payroll maintenance and taxation risks to specialists with enough resources to monitor the situation and respond accordingly. Payroll outsourcing includes receipt and analysis of payroll data, reporting the payment of payroll taxes, issuing payment and reports to employees and reporting data to end user.

  • Increased efficiency of payroll systems, controls and processes
  • Increased confidence in the accuracy of payroll
  • Comfort that employees will be paid correctly, on time, every time
  • Comfort around the security and confidentiality of sensitive payroll information

What we include in Outsourcing Your Payroll function:

HR Policies: Assistance in framing HR Policies for the organisation
Employment Contract: Assistance in structuring the employment contract with the employee
CTC Structuring: Assistance in framing the salary structure to ensuring maximum tax efficiency and in best interests of the organisation
Expenses Reimbursement: Calculating and verifying reimbursement to employees i.e. Travelling Expenses, Medical Expenses etc.
TDS/ESI/PF Deduction: Accurate and timely deduction in accordance with Statutory Legislation
Salary Payout: Salary calculation & payout to employees on timely basis
Pay in Slip: Emailing pay slip to employees on timely basis
Help desk: Resolving employee(s) queries with their payout, reimbursement, tax calculation and termination
Report & Analytics: Detailed employee payout reports in order to support business decision


Advantages :

  • Least processing cost of your payroll
  • Focus on the core business
  • Relived from statutory compliance
  • Accuracy of payouts and on timely basis
  • Employee Document management
  • Security and confidentiality of sensitive payroll information
  • Complete cloud based and secured integrated HR Function