Payroll plays a crucial role for any organization. Payroll data needs to be handled with a lot of attention & care; any mismanagement here can have serious repercussions. Payroll and other labour compliance may be a tiring procedure for employers/HR. It includes onboarding an employee, employee welfare, regulations and compliance. An updated system is required in handling the procedures that enable smoother employee–employer relations and eliminate non-compliance risks.
Payroll management has several hurdles in the form of higher costs, computational inefficiencies, non-compliance, inaccurate methodologies and safety concerns. We at BCL India provide payroll compliance services which eliminate these limitations with our 35 years of expertise & efficient management and provide error-free payroll processing while delivering the output on time.
The HR manual and employee handbook act as bye-law to the employees. These documents consist of all the details regarding the treatment to be given to the employees in the organization and help the employees in recognizing the culture of the organization. The HR policies and procedures manual is compiled first and after that, the employee handbook is prepared in conjunction with the prevailing policies and procedures as per the former document.
Payroll companies help to draft and compile the HR Manual and Employee Handbook that communicates company policies, sets expectation and reduces potential liabilities.
A well-furnished HR Manual helps employees by providing a complete understanding of rights and also supports employers with clarity of legal obligations. Customization of the HR Manual is done with the required sections and amendments in the existing handbook.
An employment contract is a contract between the employer and the employee defining the terms and conditions of employment and acts as the sole legal document between them which lays out the rights, duties and obligations of both parties during the employment period. An Employment Agreement is a crucial document in managing employees as it lays down the rights and obligations of both the employer and the employee.
Payroll companies support you in the preparation of any type of employment contract, whether it is for your employees, contracts with freelancers or individual employment contracts for managers, management board members or executives. Our customized agreements include legally mandated requirements such as terms, positions, duties, time, place, compensation, reimbursement, holidays, leaves, termination, disclosures and solicitations.
It is difficult for companies to be updated about the payroll system since it can create a deviation from their core business process. Payroll outsourcing companies have the latest update and they work on these updates so there are no chances of penalties from the Government.
Working on legacy infrastructure increases time consumption, delays disbursal, and enables errors. For a faster and more reliable workflow advanced software and platforms are required. We at BCL India are software agnostic and can use any payroll software that management is comfortable with.
Payroll management requires flexible services at the highest level as the regulations differ among organizations based on the size, nature of business and region the organization is located in. Hence, customized and curated service is mandatory in payroll services.
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