When introduced to the Payroll Services, many businesses always asked the question "Why do I have to hire a third party to do the jobs that I can do by myself?", " What are the benefits of hiring this service, is it worth investing in? ”. Let's ask another question: why do you spend your time and energy every month focusing on these unprofitable work?
The fact that outsourcing payroll providers service is a new HR management trend in the world and has been widely used. For foreign representative offices or small and medium-sized companies, the outsourcing of payroll management services is an optimal solution to personnel issues that contribute greatly to the increase of productivity, maximizing profits, cutting many costs, and solving the troubles and difficulties in managing salaries, benefits, obligations ... of employees. Here are the benefits that payroll staffing service brings to you:
Save time and increase productivity:
Your company will not have much trouble and take time on non-revenue jobs such as calculating wages, taxes, social insurance, allowances for employees. Thus you can completely focus on expertise work to boost productivity.
Cost savings and risk reduction:
No need to organize an entire human resources department, or invest in computer software, ... you are cutting a huge cost. Besides, using the Payroll service with a team of Faro recruitment experts trained in these processes helps you stop worrying about possible mistakes in the work process.
Ensure compliance with the requirements of the law:
The provisions of the Labor Code are regularly revised, making it easy for you to make mistakes if not updated regularly. Faro recruitment will update all new decrees for employees on your behalf, ensuring that your company always complies with the requirements of the Law, avoiding trouble later.
So, what is payroll service?
The management of salary at the enterprise is not only a matter of paying salaries to the employees monthly but also must ensure the quickness, accuracy and compliance with the provisions of labor law. These requirements create a burden on costs and manpower for businesses. Payroll service has gradually become a new and very developing service trend in Vietnam. Payroll outsourcing service helps a lot of businesses, businesses do not need to invest in management software costly, labor management costs. Just using a comprehensive payroll service from an outsourced company can ensure that everything goes smoothly.
Payroll service is suitable for:
- Payroll with foreign businesses in Vietnam
- Payroll with SMEs
- Payroll with Startup business
Payroll outsourcing service has really become a smart solution for every business.
Faro Recruitment will help customers perform the entire payroll process including:
- Building labor contracts;
- Make payroll, calculate salary for employees;
- Payment of wages to employees;
- Calculate and perform jobs related to social insurance, health insurance and unemployment insurance premiums;
- Making finalization of personal income taxes;
- Make reports related to personnel fluctuations for management units;
- Storing and ensuring all information about employees, salaries and related records reports;
- Updating, consulting to provide information related to the Labor Law, wages in Vietnam.
Benefits of using Payroll Services at Faro recruitment:
- Fast, timely, accurate;
- Cost savings;
- Reduce the workload for Human Resources Department;
- Information security;
- Complying with the Labor Law;
- Providing advice on specific legal solutions on salary issues.
HANOI HEAD OFFICE
Add: Unit 701A, 7th floor, Handi Resco Tower,521 Kim Ma street, Ba Dinh district, Ha Noi
Tel: + 84 24 3974 3091
Fax: + 84 24 3974 3090
HO CHI MINH CITY OFFICE
Add: Unit 1102, 11th floor, Central Plaza Office Building, District 1, Ho Chi Minh city
Tel: + 84 28 3821 4654
Fax: + 84 28 3821 4653