Partial payroll outsourcing for Management level in salary processing

12 January 2016 3973 views
Partial payroll outsourcing for Management level in salary processing
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A process improvement strategy that can be implemented in this year. As a Chief Financial Officer or a Human Resource Director, payroll processing, especially for the Management level, can be a bit of a burden. This is because a Management's salary is highly confidential and such information needs to be kept by the management safely and cannot be delegated. Tax processing and BPJS Ketenagakerjaan reporting however, requires this information to be reported in detail causing an additional challenge in processing these requirements for CFOs or Human Resource Directors.
To ease this burden, some of our clients have tried to outsource this management level salary process, maintaining the confidentiality of the information from the internal organization. Outsourcing helps to increase the level of security of confidentiality because it is the top priority of a payroll outsourcing company. In addition, payroll consultants are impartial and professional in their duty of confidentiality in payroll processing. The focus of a payroll outsourcing company is to ensure that all payroll processes are accurate, punctually completed, and confidential. These standards are set not only for payroll reports but also for Monthly Tax Reports and the BPJS Ketenagakerjaan. Outsourcing, thus, removes this heavy responsibility of the CFO or Human Resource Director into the hands of the highly trained, reliable and professional Payroll Outsourcing Team.
This strategy is efficient and effective. The company reduces their overall cost in comparison to employing the service of a payroll outsourcing company for a full outsourcing, whilst still employing a professional service of qualified and trained consultants that comply with the tax and social security regulations in assisting in the preparation and provide Tax and BPJS Ketenagakerjaan reports.
 

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