Payroll and Benefits Management

Payroll Management

• Salary Calculation
  Determining gross pay based on hours worked, salaries, and deductions.
• Deductions
  Managing statutory deductions like taxes, social security, and other contributions.
• Compliance
  Ensuring payroll practices comply with local laws and regulations.
• Disbursement
  Distributing pay to employees, usually via direct deposit or checks.
• Record Keeping
  Maintaining accurate records of all payroll transactions for reporting and audits.

Benefits Management

• Health Insurance
  Administering employee health benefits, including plan enrollment and claims processing.
• Paid Time Off (PTO)
  Tracking vacation, sick leave, and other forms of paid leave.
• Employee Communication
  Educating employees about their benefits and assisting with enrollment and queries.