Compensation & Payroll

  • Re-Designing of compensation structure (if needed)
  • Design of benefit plan.
  • Circulation of timesheet and reminders to employees.
  • Collating all the inputs from Client’s representative and preparing the payroll input for the month and sending it to the payroll vendor (incase payroll is processed by an outsourced vendor) / payroll manager (incase payroll is processed internally).
  • Ensuring employees leaving the organization are removed from the payroll and their full and final settlement is correctly determined.
  • Ensuring recoveries are adjusted for any loans, advances, leaves on exit of an employee.
  • Reviewing final Payroll sheet received from the payroll vendor to verify with respect to input given to payroll vendor.
  • Co-ordinate the activity of cheque payments for contractual employees.
  • Monthly salary accruals as per CTC.