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A part of running a company is ensuring your employee management responsibilities are up to standards. One of these responsibilities is making sure that your employees are well compensated and complying with the benefits mandated by the government.
Entities in the Philippines are required to pay the mandated monthly contributions from the following government agencies:
Bureau of Internal Revenue (BIR)
Social Security System (SSS)
Philippine Health Insurance Corporation (PhilHealth)
Home Development Mutual Fund (Pag-IBIG)
What We Offer
Our team utilizes a cloud-based payroll software to compute the salaries, tax deductions, and government contributions to ensure that all of your employees receive competitive salary and make sure that mandatory contributions are deducted and remitted.
We offer the following services to help you with your payroll processing as well as generating pay slips on time in line with the Philippine’s regulation:
Compute gross salary, tax deductions, and government contributions of each employee
Generate payroll reports
Issue password-encrypted payslips to each employee via email
Submit final payroll reports to appropriate government offices
Compute final pay of resigned employees and issue Certificate of Compensation
Our payroll processing services goes through four steps:
General Requirements
Clients that will avail of our services must declare the following to complete the payroll process:
Declare monthly salaries of all employees
Provide electronic copies of payslips
Pay tax dues to BIR
Pay contributions to SSS, PhilHealth, and Pag-IBIG Fund
Our Process Timeline
To know more about how we do our payroll, here’s our process and timeline of how we do our payroll services for our clients.
Efficiently Process Your Payroll With Us
Properly compensating your employees is important to ensure the smooth flow of company operations. The good news is payroll processing is one of the business processes you can outsource to another company so that you can direct more time and effort in other parts of your organization. If you need assistance in payroll processing, you may reach out to business consulting firms to help you with your payroll needs.
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