Payroll Outsourcing
Pasona Singapore provides payroll outsourcing service for local employees and expats in Singapore. In addition to monthly payroll calculation, Pasona Singapore also offers optional services such as preparation of personal income tax returns and filing with various government agencies.
Do you face following challenges with payroll duties?
Processing Payroll On Time
In small companies, when the sole employee in charge of payroll takes a leave of absence or retires, no one is able to take over and salary payment to employees is delayed as a result.
Overwhelmed by Administrative Tasks
The HR practice is not just about processing payroll. When HR is overwhelmed by such time-consuming routine tasks, they have little time for other important aspects that they could be working on to improve the company's human resource planning.
Manual Processes & Errors
Many businesses, especially smaller ones, carry out their payroll processing in-house manually using Excel. For the uninitiated, this may lead to calculation errors and increases the risks of internal fraud.
Confidential Information
Due to the confidential nature of payroll and salary data, entrusting this information to a select number of staff internally may not be the most appropriate as the information may be leaked to other employees in the company.
When trying to solve the above issues internally, some of our clients have raised the following concerns.
“We want to prevent the HR department from becoming a one-person operation, but we don’t want to increase the number of personnel in charge because payroll is confidential information.”
“We have considered increasing our headcount for HR in order to focus on our core business and increase sales and profitability, but the high labour cost in Singapore makes it for us difficult to hire for another backend position.”
“To protect confidentiality, we have an expatriate member to be in charge of payroll calculation, but the number of employees in the company have increased to the point where it is no longer possible for one person to handle the workload.”
We find that many of clients have such problems in common and that is why we are here to help you!
The Solution to above challenges
Many companies find it more time-efficient and cost effective to outsource their payroll function to a professional payroll outsourcing provider, which allows their HR to focus on their core duties such as recruitment, learning and development, employee relations and policies, and HR management.
Benefits of Outsourcing Payroll
Time-Saving and Cost Effective
Time is money. Saves the company a significant amount of time that would have otherwise been spent on payroll-related tasks. More cost effective than hiring and training in-house staff to handle payroll functions. Reduces risk of errors and costly legal penalties.
Compliance with Law & Regulation Changes
Timely updates reflecting the latest rules and regulations regarding changes in the law. Ensures that your company is abiding by the law and helps you fulfill all the legal requirements related to payroll and salary administration.
Ensures Confidentiality
Our staff can handle and manage payroll, HR information, and other sensitive information on your behalf in compliance with the Personal Data Protection Act (PDPA).
Pasona Singapore's Payroll Outsourcing Service
Payroll Calculation (for employees in Singapore)
Optional Payroll Calculation Service
- Calculation of actual working hours, overtime hours, travel expenses, commissions, etc.
- Recalculation (after payroll month is closed)
- Application to various government agencies (military service, maternity leave, paternity leave, etc.)
- Preparation of personal income tax returns
* Our sales staff in charge can communicate in English and Japanese and will provide operational support to ensure smooth communication between different parties.
* Attendance and leave management are also available as an add-on service.
Why Choose Pasona Singapore?
Extensive experience in Singapore
HR and payroll specialists at your service, we have over 35 years of experience supporting HR operations in Singapore.
Smooth Communication
Pasona Singapore has a wealth of knowledge on Singapore’s HR & labor market and our sales team can communicate with you in both English and Japanese.
Business Stability
Your payroll will be handled by your account manager and a team of payroll specialists to ensure continuity and on time salary payment to your employees.
Employers
- Talent Development, Training, Coaching
- HR System and Peformance Management
- Payroll Outsourcing
- Translation Service
- Outplacement
- Support for Newly Set Up Companies
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