In the human resources department, payrolling is one of the parts that every company pays the most attention to. Staff of this department will develop and manage the company's salary, welfare, reward and other policies. The purpose of these work is to ensure the fairness and the rights of the employees in the company and in accordance with the provisions of the government. The following article describes the basic work of a payroll staffing for your reference to understand more about this position.
Payroll staffing department is considered to be the holder of every employee’s income in the company. The salary policy is one of the important areas of human resources. They will be in charge of salaries, bonuses, remuneration, welfare policies, legal procedures, working schedules of employees. On the other hand, it is necessary to have a good knowledge of labor law, insurance law, insurance and related documents. Last but not least, payroll staffing also needs to handle and analyze the metrics and data effectively.
What is Payroll Accounting?
Salary is the main source of income for employees and a factor of cost and value of products and services. Therefore, if the employee get a reasonable and appropriate salaries, it creates a positive effect to motivate employees to work enthusiastically, thus increase labor productivity, accelerate scientific and technical progress of the whole enterprise. Because using labor effectively can save costs and increase accumulation for the organization.
The enterprise's salary fund is used to pay for all types of labor who is directly managed and by the enterprise. From the accounting perspective, the salary fund is classified into two categories: main salary and supplementary salary.
Main salary is the salary paid to employees, which is calculated according to the completed workload or the time of main tasks at the enterprise, including product-based wages, time-based wages and amounts of allowance attached.
Additional salary is the salary paid to employees during the time not working at the enterprise but still entitled to salary according to the prescribed regime such as vacation pay, vacation, private work but paid wages ...
Specific tasks of payroll staffing
Performing the timekeeping, presence’s management, absence ...;
Developing payroll according to job position and capacity;
Develop welfare, remuneration, reward, discipline, insurance, tax payment policies ...
Handling disputes arising in labor relations;
Survey employee satisfaction toward their position;
Develop an effective evaluation system for each job position and rank;
Manage employment contracts and employee records;
Performing the operations of Social Insurance, health insurance ...
Payroll and related welfare policies for company employees.
To do the job of the payroll staffing, you must be a person who has a good understanding of personnel and salary policies. Salary accounting cannot have any mistake, so try to do it carefully to avoid loss of income for workers.
Conclusively, In order to successfully complete the job duties, the salary accountant must be agile, honest and careful. Besides, having high morale for learning and responsibility for work is a plus for candidates.
FARO VIETNAM'S SERVICES
We focus on offering four main services, including:
Executive Search and Selection
Human resource Compliance
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