Payroll Processing
Calculation of employee salaries, wages, bonuses, and deductions
Ensuring accurate payroll processing by calculating salaries, wages, bonuses, and deductions for employees.
Compliance with tax laws and regulations
Ensuring payroll adheres to tax laws and labor regulations to avoid legal issues and penalties.
Generation of payroll reports
Creating detailed payroll reports for record-keeping, financial analysis, and compliance purposes.
Salary Disbursement
Direct deposit to employee bank accounts
Transferring employee salaries directly to their bank accounts for a secure and efficient payroll process.
Distribution of payslips (physical or electronic)
Providing employees with detailed salary breakdowns through printed or digital payslips for transparency and record-keeping.
Contributions
Social security contributions (e.g., UAE's GOSI for GCC nationals)
Deducting and contributing to government-mandated social security schemes, such as GOSI, to ensure employee benefits like pensions and insurance.
Employee Benefits & Deductions Management
Leave salary and end-of-service gratuity calculations
Calculating employee leave salaries and gratuity payments based on labor laws and company policies to ensure fair compensation.
Overtime and incentive processing
Managing additional payments for extra work hours and performance-based incentives to ensure accurate and timely compensation.
Insurance and pension contributions
Deducting and contributing to employee insurance and pension schemes to provide financial security and benefits.
Time & Attendance Management
Integration with biometric or digital attendance systems
Automating payroll by linking attendance records with biometric or digital systems for accurate salary calculations.
Calculation of leaves, sick days, and absences
Tracking employee leave, sick days, and absences to ensure correct salary deductions or payments.
Overtime tracking
Monitoring extra working hours to calculate and process overtime payments accurately.
Compliance & Legal Support
Ensuring adherence to UAE Labour Law (or applicable regulations)
Ensuring payroll processes comply with UAE Labour Law or relevant labor regulations to protect employee rights and avoid legal issues.
Compliance with WPS (Wage Protection System) in the UAE
Processing employee salaries through the Wage Protection System (WPS) to ensure timely and transparent payments as mandated by UAE regulations.
Maintenance of payroll records for audits
Keeping accurate payroll records for audits, ensuring transparency, compliance, and easy verification of employee payments.
Reporting & Documentation
Monthly and annual payroll reports
Generating detailed payroll summaries for financial tracking, compliance, and budgeting.
Employee salary certificates and pay slips
Providing official salary certificates and pay slips for employee records and verification purposes.
Custom payroll analytics and MIS reports
Creating customized payroll reports and management information system (MIS) analytics for better decision-making and financial planning.
End-of-Service Benefits & Final Settlement
Gratuity calculation and processing
Computing and processing end-of-service gratuity payments as per labor laws and company policies.
Final settlement processing for resignations/terminations
Handling full and final settlements, including pending salaries, benefits, and deductions, for employees leaving the company.
Employee Self-Service Portal (if applicable)
Online access for employees to view payslips, tax documents, and leave balances
Providing a digital platform where employees can securely access their payroll details, tax documents, and leave balances anytime.