PAYROLL MANAGEMENT
Trustworks knows that running a business is not an easy task. By providing you a comprehensive employment and payroll service, you can say goodbye to extra time spent managing your payroll. This means that you can focus on more important things, like running your operations in India.
Accurate and timely payroll is critical to retention of valuable employees. Even mid-sized and larger employers are discovering that there are enormous advantages to using outside services for various aspects of payroll processing and accounting that allow them to focus valuable resources on growing the business instead of constantly upgrading software to stay in compliance with ever-changing regulatory requirements.
- Registration of the Client’s legal entity to local Authorities
- Registration of the Client’s staff to the local Authorities
- New starters data capturing
- Payroll processing calendar (for submission, approval, funding)
- Preparation of monthly payroll report
- Monthly tax & social contributions
- Monthly tax filing and payments
- Monthly salary payments
- Monthly payslips
- Off cycle payroll run
- Year-end filing
- Handling of staff expenses/ disbursements/ reimbursements
- Handling of medical insurance
- Preparation of payment to third parties (pension funds, insurance)
- Calculation of the compensation to be paid to employees in case of resignation and of the statutory termination indemnity in case of dismissal
- Preparation of monthly accruals for statutory bonuses (Diwali, Christmas andVacation) and any other annual bonuses that may be provided to the employees
- Customized reports on request
HR Consulting Services
Testimonials
We are committed to delivering superior services with integrity, trust and appreciation to maintain our customer loyalty. We promise that we will deliver exceptional business results while making a positive contribution to our client’s organization