Under the competitive business environment today, companies should attract and retain talents in all ways. The function of salary payment hence cannot be ignored. On-time and accurate salary payment is the most basic requirement and respect to employees. If an employer does not pay the correct salary on time, in addition to the risk of losing talents who can earn money for the company, there is also a chance to pay unnecessary costs for violating the law.
What is Payroll Process Outsourcing?
Payroll Process Outsourcing helps corporate clients with the time-consuming monthly salary calculations, (MPF) calculations and contributions, and employer tax process. Employees will be able to get an Online Employee Self-service System account (ESS) and enjoy various online employee services, including holiday application, holiday balance check, downloading of pay slips and tax forms, etc.
Reasons for choosing FLEX HR’s Payroll Process Outsourcing service
Save manpower and time costs
For companies with a large number of employees, frontline staff, or employees hired in different terms, the payroll process is always one of the most difficult jobs for employers and HR colleagues. It takes considerable time and manpower to collect and sort out the completed duty roster forms, check the applied holidays, and even calculate the attendance rate. Through FLEX HR’s high-quality services, you can avoid employing dedicated staff for salary management and reduce salary expenses, enabling you to achieve your operational goals with lower cost.
What services will be included in Payroll Process Outsourcing?
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