Payroll Management

From an accounting perspective, payroll management is crucial because payroll considerably affect the net income of most companies. Efficient payroll management has become a necessity for every organization in order to simplify payroll, boost productivity, and improve administration. From a human resources viewpoint, the payroll department is critical because employees are sensitive to payroll errors and irregularities. Good employee morale requires payroll prepares timely and accurately. The primary mission of the payroll department is to ensure that all employees are paid accurately and timely with the correct withholdings and deductions, and also that the withholdings and deductions are remitted in a timely manner.

Benefits of Payroll Outsourcing

Reduce Cost : Outsourcing can normally reduce the costs of an in-house payroll trained employees as well as the costs of systems and software needed to process a payroll.

Expert’s Advice: Get experts advise on extensive issues related to labour law ensuring compliance with any latest updates. Furthermore, outsourcing of these non-core activities will provide operational efficiency to the organisation.

Confidentiality : Choosing a company that offers payroll services like HAAB Accounting Consultancy is a great way to streamline payroll processes and eliminate the risks of leakage of sensitive information, employees’ identities and potential misuse of company funds.

We here to help you for the following:

• Maintenance and Processing Salary through Wage Protection System (WPS)
• Preparation of pay slips, bank transfer letters, and salary certificates
• Calculation of Overtime
• Time Sheet Management
• Leave Salary Calculation.
• Drafting of offer letters
• Calculation of statutory gratuity payments as per the UAE labor law

Please contact us if you are interested to outsource your Payroll Management, we would be glade to serve you. Contact us for free consultation.