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Wednesday, 16 August 2017

Get Relieved from Your Payroll Management Headache



What is that we work for? Rather a silly question, right? We all work for money. We all want a prompt & accurate payment for the work done by us. A paycheck is a consistent recognition and reward for the efforts put in by an employee towards the organization’s betterment. Since it has such a great importance in an employee’s perspective; it will have that much importance in the employer’s perspective as well because employee satisfaction has utmost significance in an organization’s success. It’s a general perception that it’s the accounts department that handles the responsibility of payroll because it is they who give the paychecks. But in reality, this tremendous task is handled by the human resource (HR) department which tackles many things simultaneously and gives necessary instructions to accounts department to release the paychecks. So what is this work related to salaries done by HR department called? It is payroll management.


Let us take a look at what comes under the purview of payroll. Commonly payroll refers to a company’s list of employees, the amount of money that company’s employees are paid, company’s salary records, and the department that deals with salaries of employees. Meticulously managing all the payroll details in a company is payroll management. Isn’t this a gigantic task? Is your company equipped with resources to handle this? If your answer is no…then you are heading in the right direction. We will guide you how to handle your payroll.





Picture courtesy: karkicpa llc – google searches


These days many organizations find it very difficult to maintain an effective payroll system. Some organizations do not even have an HR department to take care of payroll. For such organizations, it is a great idea to outsource their payroll management to human resources consultancy which has experts who can help you in fixing your payroll issues. There are a number of HR management consulting firms which offer a wide range of HR consultancy services.

For the best HR consultancy services choose Accuprosys which is one of the top HR management consulting firms in Hyderabad. It offers an array of services that include policies development, recruitment, contract staffing, training & development, payroll management and employee grievances management.



These days many organizations find it very difficult to maintain an effective payroll system. Some organizations do not even have an HR department to take care of payroll. For such organizations, it is a great idea to outsource their payroll management to human resources consultancy which has experts who can help you in fixing your payroll issues. There are a number of HR management consulting firms which offer a wide range of HR consultancy services.
For the best HR consultancy services choose Accuprosys which is one of the top HR management consulting firms in Hyderabad. It offers an array of services that include policies development, recruitment, contract staffing, training & development, payroll management and employee grievances management.

·        Key constituents of payroll management:

·         Employee information: Information regarding employees with details like name, age, address, contact number etc.
·         Attendance: It is very critical for the HR department to track the attendance details in order to calculate the number of days the employees worked and the respective salaries they have to be paid
·         Components of Salary: There will be various components of salary that have to be clearly defined and calculated in order to arrive at the net amount that has to be paid to the employees. For e.g. bonus, variable incentives, PF etc.
·         Statutory Matters: There will be some additions or deductions to be made by every employer statutorily which are regulated by the government.


 With all these things to be considered it is not possible for an organization to do payroll management without a dedicated team of human resources department. Hence, it is a smart decision to hire a human resources consultancy where it is not feasible to create a separate HR team or payroll management team. By outsourcing payroll management task to Accuprosys, companies can rest assured of timely payroll release, statutory compliance and payroll related grievance redressed.



Visit: Accuproosys