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Payroll services
Payroll services
Payroll services
Finaaco Consultancy can provide a complete payroll management and processing services to our clients. Regardless of the size of the client, number of employees and complexities of the payroll, we customize our offers as per the immediate needs of our client.
While some clients choose our service to reduce their operational cost by outsourcing their non-core activities, some clients prefer to keep payroll related information confidential from the internal employees. More importantly, there are list of administrative and legal requirements that comes along with having an employee in a company, all of which Finaaco Consultancy can assist clients either on advisory or execution basis. The services cover the following
Preparation of Offer letters
Issuance of monthly payslips, Salary Certificates and Bank transfer letters.
Preparation of leave tracker
Assistance with the setup of Wages Protection System (WPS)
Calculation of End of Service Benefits/Gratuity as per relevant Labour Law provisions.
Calculation of the settlement dues payable in the case of termination under relevant labour law.