For any business, a Payroll Administration is a must. This job meets accurate calculations quickly, on time and must comply with the provisions of current administrative procedures. With many similar volumes as the constant change of legal procedures, especially of small-scale enterprises, newly founded businesses have sought Payroll Administration services from Payroll agencies as a solution to help them achieve their goals and get rid of the pressure of employee salary and personnel so that you can rest assured to focus on your business.

Payroll Administration service is a service related to salary and personnel issues, including: calculating salary, calculating personal income tax, making insurance, making reports related to fluctuated personnel, management and collation of information related to labor - salary, ...

When using the Payroll administration service, businesses do not have to worry about labor procedures, personnel, salary and tax finalization. Professional service will implementaly take responsibility for all of which from A to Z.

Which businesses need Payroll Administration services?

With many outstanding points in terms of expertise, economics,... many recent businesses choose Payroll administration services to optimize time and money. The types of businesses will need payroll administration service:
- Newly established businesses do not have much experience in management and operation
- Small and medium enterprises with human resources needn't maintain a cumbersome department
- Large enterprises with too many employees and the administrative department cannot be responsible for completing the work of calculating and paying employees' salaries.

Payroll Outsourcing Service in Faro Vietnam

Enhanced by the cutting-edge HR Solution Software with employee self-service function, services delivered by our expertise payroll consultants has been recognized as the PREMIUM QUALITY ONE in the market.

WHAT WE DO?

Payroll monthly report

Faro Vietnam will set up a table salary aggregate and calculate wages based on time specified by the enterprise for employees every month.

Monthly personal income tax

Personal calculation of import tax for employees, and monthly/quarterly PIT declaration for employees in accordance with the law.

Register and get a Tax Code

Register and get PIT Tax Code for new employees. Including support to register for family deduction for eligible employees.

Social insurance, health insurance and unemployment insurance monthly

Manage and continuously comply with social insurance, health insurance and unemployment insurance regimes for employees with regulations on paying insurance premiums to insurance agencies.

Calculation and payment for Senior Union

Calculation and settlement based on the policies of the trade union organization at the enterprise

Other Payroll Administration duties include Leave Recording and Labor Reporting

Faro also does duties, tracks and manages leave rights and sets up payroll expense reports as required by businesses and employees.

Benefits of using Faro Vietnam's Payroll Administration service

With the first jobs in Payroll Administration that Faro undertakes above, businesses can rest assured to focus on business issues without worrying about arising administrative procedures. Faro helps businesses:

Being cost-effective and highly accurate

To be able to take on all payroll administration, the enterprise will have to maintain at least 2-3 administrative personnel with pretty high salary and modern equipment. However, when using Faro Vietnam's payroll management service, businesses only have to spend a small budget ranging from a few million to tens of millions without worrying about any problems. All records, policies and procedures are handled professionally and completely by Faro in accordance with the latest updated current legal regulations. On the other hand, Faro has 15 years of experience as a payroll managing provider, so we always know the most effective and optimal methods for business.

High accuracy - minimize errors in salary calculation

On the one hand, Faro Vietnam has a team of highly specialized staff with 15 years of experience in the profession. On the other hand, throughout the process, we always focus on working closely with businesses to do professionally and perfectly the process in every stage of process to ensure the perfect accuracy of all procedures. No mistakes will help businesses minimize risk. In case of any errors from the service side, Faro commits to totally compensate the business of the finance.

Handles all the most complicated situations

In any kinds of jobs, there are always arising factors and so is the job of salary management. For employees who are inexperienced or have little understanding of the provisions of the Vietnamese Labor Law, the handling of a complicated issue will take a lot of time, and it may even be wrong, leading to a costly violation. Supported by a team of experienced professional consultants, Faro Vietnam will offer the most suitable processes with the specific operating procedures of the business to ensure good handling of any complicated circumstances to avoid the business making mistakes as well as having other legal responsibilities.

Confidentiality of all income information

Faro Vietnam's system is developed with the latest security technologies and is operated by world-class experts to provide the highest security for customers' data and information during the cooperation process.

Stay updated with new regulations on labor, personal income tax and insurance

As we all know the very complicated employment, salary and tax regulations tend to change frequently and this sometimes makes it difficult for HR staff but not with Faro's professional services. Our experts are trained to stay up-to-date with the latest regulations on labor, insurance, and personal income tax so that salary calculation is guaranteed to be with the right people, at the right people, at the right time.

The process of implementing and deploying the Payroll Administration service

In order to best support and be transparent about all information for businesses, during its development, Faro has built a simple but scientific and accurate Payroll Administration service process system consisting of 4 steps as follows:

Step 1: Ask for a consultation

Businesses interested in Faro Vietnam's services will contact us in one of the following ways:

• Send email to service.vn@farorecruitment.com
• Leave a message on the website https://www.farorecruitment.com.vn
• Call the hotline + 84 24 3974 3091 (Hanoi) + 84 28 3821 4654 (HCMC)

Immediately after receiving the information, Faro Vietnam's consulting team will perform a required analysis of the size, number of personnel, remuneration policy, ... on that basis, offer a suitable service package. merged with the business.

Step 2. Exchange, sign contract (can be done remotely)

After agreeing on the service package, you can arrange to exchange and sign a contract directly with Faro Vietnam at the office or can be done remotely via online exchange.

Faro's team of experts will deploy the contract items quickly. Besides, in case the enterprise does not have a clear mechanism on reward policy, payroll.. we will advise on specific calculation methods for enterprises to choose suitable for the type and size of business, company's human resources and salary budget.

Step 3. Provide Payroll Administration services

As soon as the contract is signed, Faro Vietnam's staff will officially deploy the payroll and apply the monthly payment to the company's employees. In addition to ensuring on-time payroll payments, Faro Vietnam also performs many other operations in Payroll Administration, commits to optimizing costs, enterprise's salary fund and consulting other suitable solutions to reduce payroll costs. minimize the costs incurred for the business.

Step 4: Monitor work progress

Monthly/quarterly/yearly, depending on the requirements of the business, Faro Vietnam will arrange meetings to exchange and evaluate the work efficiency with the enterprise.

Contact Faro Vietnam

With more than 15 years of establishment and operation, Faro Vietnam has always been recognized as the leading reputable Payroll outsourcing company in Vietnam. Customers are satisfied with Faro Vietnam not only because of the service quality but also because of the additional support beyond the scope of the service.

Email: service.vn@farorecruitment.com

Tel: + 84 24 3974 3091 / + 84 28 3821 4654

OTHER FARO VIETNAM'S SERVICES

Executive Search and Selection

Staffing Solution

Human Resource Compliance