COMPLETE PAYROLL MANAGEMENT

As an outsourcing partner, Classic Labour has the capability to collaborate with organizations from any industry vertical and of all sizes. We effectively manage the complex but critical function of payroll management for the entire life cycle of the employee. We, at Classic Labour, ensure that the entire gamut of payroll management such as statutory compliance, leave management, time and attendance etc are handled promptly and accurately.

Payroll management services offered by us are all-encompassing and include :

• Appropriate salary structuring to ensure that the organizations tax burden is minimum.
• Ensure compensation is structured in a way that it is lucrative to the employee as well by offering nominal tax burden and maximizing the take home salary.
• Our payroll management system is fully automated, making the system full proof and eliminating any manual errors.
• The payroll register is maintained systematically and can be submitted in any format convenient to our client.
• Maintain attendance register, leave records, salary/ wages register and salary withheld report and provide the same as per location, department or hierarchy.
• Accurate calculation of bonuses, incentives, overtime, and leave encashment etc.
  Ensure that salary slips are delivered digitally to all employees on the stipulated date and time.
• Ensure EPF, ESI and Labour Welfare fund compliances.
• Preparing detailed arrear sheets and verifying statements for bank transfers to ESIC/ EPF departments.
• Precise calculation of dues for full and final settlement of employees who are retiring or exiting the organization.