The Payroll Management Process refers to the administration of an employee's financial records which includes the Salaries, Wages, Bonuses, Deductions and Net Pay etc. We are professional Payroll experts and offer the following services under this head: Salary Structuring with a view to minimize the Tax burden on the employees and maximize their take-home salary. Receiving data from our clients, processing the same at our fully automated Payroll Management. Cloud base / online system.
While managing the 'Payroll' for our clients, we consider Monthly Components/ Salary Structure viz. Basic Salary, Dearness Allowance, HRA, Reimbursements & Special Allowances and Deductions such as Statutory Deductions including Contribution to EPF, ESIC, Professional Tax, TDS, Labor Welfare Fund and other Voluntary Deductions & Annual Components like Incentives, Bonus, Leaves, Annual Encashment and Medical Benefits, etc. related to each employee of the company.
Now a days small organizations cannot take burden of all HR functions as it costs Height on monthly basis. We are offering the same on outsource based in which all HR functions including Payroll and Statutory compliance on cost-effective base. Another One is on our Payroll/Temporary staffing services in which company does want to go for PF/ESIC number or wants to hire off roll employees or temporary/ contractual employees than we are providing such services on our Payroll in that case following are the benefits to organization: