Payroll Administration
Managed Payroll Operations
The most common outsourced application is Payroll. Over 80% of large corporations outsource this function. This is the oldest and largest example of outsourcing an HR function to help mitigate risk as oftentimes doing payroll can be complex and not a core company function. For the nominal cost to outsource this function to payroll providers the cost is well worth the benefit. As part of the transaction process outsourcing in HR Operations, we manage the entire Payroll Process of organizations to ensure timely and accurate compensations and benefit administration of your employees.
Analyse the HR Policy
Before we venture to administer the Payroll of our client, we ensure to analyse the HR Policy and implement process HRMS Systems for reporting and recording of the HR information.
Statutory Compliance
We ensure to comply the statutory compliance requirements for payroll process and provide necessary advisory to comply with the legal requirements.
Automation of the HR Information flow
As part of the automation process HR information, we suggest the simple and cost-effective automation process for Attendance and Leave administration. Our trained team will be deputed to handle the operations of the systems to ensure month end reporting.
Payroll Partners - Payroll ERP
We have partnered with various ERP solution providers for Payroll to automate your Payroll Process. Depending upon your requirement analysis, cost and effective usage we suggest a suitable software to be implemented and we ensure to assist you in implementation and operations.
Our entire operations of Payroll Process are time tested and the TEAM is well experienced that you can be rest assured of timely payment and accurate disbursal of salary to your employees.
Attendance monitoring
We manage the attendance through process of Manual, Swipe Card, Bio-metric and through the virtual reports from the remote locations. These reports are instantly mapped to the Leave records of the employees and reported to Line Managers to ensure HR Planning is made within the Organisation for productive manpower analysis.
These reports are automated to the extent of capturing the exceptional reporting and analyzed for payroll process.
Employee leave and absence management
As part of the Payroll process we monitor and manage the HR Leave Policy of the Organisation. While we ensure to adhere to the policy of the Organisation, we also provide discreet assistance to the employees by Human Approach to ensure the employees change their pattern of their leave and absence from duty.
Thus, we ensure to bring in the discipline within the Organisation for time in and time out.
Employee Benefit Administration
We assist in managing the Employee Benefit Administration like
- Personal, Medical and Travel Insurance
- Employee Loans and Advances
- Employee Travel Claims and Reimbursements
- PF & Insurance Claims administration
- Bonus & Annual payout administration
Our Associates will ensure to provide the necessary assistance for employees in ensuring the benefits reach the employees on time.
Savings & Tax Planning Advisory
Our Team of Certified Financial Planning Advisory will provide expert advisory services as part of the Payroll Process to employees on Savings and Tax Planning.
Along with Payroll Process we also assist employees in :-
- Advise on Savings
- Provide Tax Planning advisory
- File the Income Tax Returns during the year end
Statutory Compliance Advisory
Expert Advisory on Statutory Compliance Advisory & Administration
Our TEAM of consultants well experienced and with versatile knowledge provide the expert advisory services for Statutory Compliance Administration for HR Function. Our Consultants have diversified knowledge across various industry and had acquired the technical knowledge of legal compliance and will be able to provide you advisory services both for registration and compliance of the required law. The information of the client is maintained at almost confidential as pet of our Non-Disclosure Agreement and all our contracts are managed through scaled Service Level Agreements.
Registration of new units - One-time assignments
We handle the registration of new units under Labor Identification Number, Provident Fund, Employee State Insurance, Professional Tax, Labor Welfare Fund, Labor Law, Contract Labor and others
Compliance and Reporting - On a retainer fee
On behalf of the client we handle the statutory compliance and reporting for various labor laws of the respective State and Central Act and ensure timely error free submissions.
Compliance Audit and Advisory
Our expert advisory Team will ensure to visit your statutory compliance status and report to you on the gap between requirement and short fall. We ensure to advise based on the legal requirements for the respective industry the suitable State and Central Acts and ensure to provide suitable solution.
Inspection and compliance
On behalf of our clients, we represent and handle the inspection process under the Statutory Compliance Body and adhere to the requirements and comply with the necessary documentation and regulations to ensure we get the clearance from the respective statutory body.
Career HUB Advisory Team
As part of our regular exercise we train all our HR Operations Team on the new regulatory updates. Our Association with the various Statutory Forums like Employer's Federation of India and subscription to various Legal bodies, we get immediate notification on the changes that are affected to Labor Law Compliance. We keep this information shared to our clients as part of our HR Operations updates.