Paysquare - Payroll Management Profile - PowerPoint PPT Presentation

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Paysquare - Payroll Management Profile

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Title: Paysquare - Payroll Management Profile


1
(No Transcript)
2
Paysquare Story
Processing 3,50,000 monthly Employee Records
across 1000 Clients Globally
Own Technology platform Software Development
Teams
Certified for SSAE 18 ISAE 3402 (KPMG), ISO
27001 (BSI) GDPR Compliant. Robust ISMS.
Incorporated in 2000. HQ - Pune
Data Center and Disaster Recovery Center in India
  • Exclusive domain of payroll related activities.
    Services in 20 countries.
  • Servicing several clients for 15 years.
  • Owing to robust IT infrastructure served clients
    during Covid-19 thru WFH.
  • Two processing centres from BCP viewpoint.
  • Planning to launch a new cloud based technology
    platform in April - 2022.
  • Automation, process centricity, continuous
    up-gradation are hallmarks.
  • Insurances for EO, CGL, WC, Cyber Frauds in
    place.
  • Formed Paysquare HR Services in 2014 exclusively
    for managing providing temp staffing, resource
    management services for clients

3
Resource Management Offerings
Act as reliable partner for the client and assist
them with all their needs. Help them off-load
complete burden. Align their operations as per
Indian practices, employment and labor laws,
provide necessary advisory as/when required. Act
as an extension of their HR Finance teams.
4
Process Over-view
After recruitment- Paysquare role
Place your staff on Paysquare payroll
HR Activities
Manage the necessary statutory Compliance
Execute Client Policy
Manage all the payroll and tax related queries
Administer the employee benefits plan
Leave and Attendance
Retiral benefits Policy
Earnings and Deductions
Process Payroll Calculations
Employee Payroll related issues resolve
Payroll processing Pay-Slips
5
EOR-PEO Off roll employees
  • Standard Activities -
  • Help place clients temp/contractual staffs on
    Paysquares payroll
  • Manage entire employer obligations as per the
    Indian Employment, Labor Compliance Laws
  • Pass all benefits and compensation as per
    clients policies
  • Off-load all hassle from Clients and process
    payroll and compliances
  • Assist Client with all reconciliation and reports
  • Facilitate and provide office infrastructure
    related services
  • Assistance on recruitment and hiring solutions

Efficiency report is sent on monthly basis to
track our performance against the agreed SLA
  • Value Additions-
  • In order to ensure easy employee hiring and
    generate trust employment security for the
    Clients employees, Paysquare is also
    able to offer/provide (on Clients request)
  • - Full-time permanent employment contracts to
    Clients employees
  • - Co-Employment model where Contracts,
    Pay-slips etc. will also bear Clients Logo

6
On-boarding and Payroll
  • Issue offer and appointment letter (as per
    Clients guidelines and ensuring relevance to
    Indian Laws)
  • Issue all other HR manuals policies as per
    Clients guidelines
  • Finalizing most tax employer friendly CTC
    (salary break-up) for the client
  • Medical and Accidental policy (group/individual)
    as per clients requirement
  • Commence the on-boarding (collection of employee
    mandatory documents and data for HR records)
  • Setting up the payroll account in Paysquares
    system including Payroll Cycle along with SLA
    TAT
  • Roll out Employee and Client Admin web portal
  • Monthly payroll and compliances activity
  • Payroll MIS reconciliation report to clients
  • Full and Final Settlement
  • Providing Relieving Letter
  • Carrying out Clearance

7
Features of ESS Portal CSS Portal
  • We provide portal access to employees and
    clients admin for ease of access, few important
    features are as under-
  • It is a 247 interactive communication channel
    for employees to access their (a) Payslips (b)
    Reimbursement Loan balances and other payroll
    transaction
  • Payroll Reimbursement
  • Query management
  • Polling
  • Central repository of HR-Employee policies
    handbooks, upload employee letters etc.
  • Single sign on with Intranet
  • Running messages
  • Admin login (CSS) HR/Finance can access 20
    reports for across employees.

8
Benefits For Employees
9
Data Security, Confidentiality BCP-DR
6
10
They Have Loved Us Knowledge Industry

11
They Have Loved Us - Manufacturing

12
THANK YOU !
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