Payroll Services

Our Services

Our Comprehensive Payroll Services Encompass Four Simple Stages:

1. Collect and Arrange

We compile pertinent employee information, such as timesheets, employee databases, and other payroll instructions, to ensure precise calculations of employees’ gross salaries.

2. Study and Process

After acquiring the necessary documentation, we meticulously analyze and process it according to the client’s specific requirements. Our services encompass the computation of withholding taxes on compensation, gross salary, and statutory deductions like SSS, PhilHealth, and HDMF, all in compliance with the most up-to-date government regulations.

3. Evaluate and Complete

Our payroll reports undergo a rigorous three-tier internal review process before being delivered to our clients. We also provide a bank file for salary disbursement and issue individual payslips as part of our finalization process.

4. Report and Accomplish

Through our streamlined payroll process, you can ensure compliance by submitting the required monthly and annual reports to the relevant authorities, making payments, and adhering to the necessary policies on your client’s behalf.

Prerequisites for Availing Payroll Processing Services:

Before utilizing our payroll processing services, you’ll need to have the following documents ready:

– Employee particulars and a copy of the Contract of Employment for each employee.

– BIR Form 2316 from the previous employer.

– Monthly timesheet details, including hours worked, overtime hours, tardiness, and absences.

– Payroll registration from January to the present (if you engaged our services mid-year).

Once you’ve prepared the required documents and depending on the number of employees, our team of payroll specialists will process your payroll needs within 3-6 business days.

Delegate Your Payroll Processing to Experts in the Philippines

Outsourcing your payroll requirements offers numerous advantages for your organization. It not only ensures business continuity but also places your company’s payroll responsibilities in the capable hands of highly trained payroll professionals.

Payroll processing can be complex, but with our end-to-end support, covering salary calculations, government contributions, and strict compliance with the latest labor and employment laws, we can streamline the payroll process for your business.

Frequently Asked Questions About Payroll Services in the Philippines

What kind of services do payroll service providers offer?

Generally, payroll service providers offer the following:

Collate data such as timesheets, employee databases, and other payroll instructions to obtain accurate gross salaries for employees
Compute necessary withholding taxes on compensation and statutory deductions such as SSS, PhilHealth, and HDMF based on the latest government regulations
Finalize payroll computation including bank filed for salary disbursement and sending of individual payslips
Monthly and annual submission of mandatory reports to appropriate government agencies on behalf of the client

How can payroll service providers assist my company?

Payroll service providers will require you to submit the following to assist you properly:

Employee details and a copy of the Contract of Employment for each employee
BIR Form 2316 from the previous employer
Monthly timesheet details, including the number of hours worked, overtime hours, tardiness, and absences
Payroll register from January to present (if engaged in the middle of the year)

How long is the turnover time for payroll processing services?

Under the Philippine Labor Code, employers are mandated to provide the following benefits to their employees:

13th Month Pay
Overtime, Holiday, Rest day, and Night Differential Pay
Paid Leave Incentives (minimum of 5 days for every year of service)
Weekly Rest Day (Minimum of 24 hours)
Maternity, Paternity Leave, and Parental Leave
SSS, Pag-Ibig, and Philhealth Contributions

What is 13th Month Pay?

13th month pay is a form of additional compensation or bonus given to employees by employers as mandated by Philippine laws. Depending on the setup of your company, your 13th month pay may be disbursed at the end of the year (on or before December 24) or on a quarterly basis.

Who is entitled to 13th Month Pay?

Rank-and-file employees are entitled to receive a 13th month pay as mandated by Philippine laws. However, employees must work at least one month for the company to be eligible for 13th month pay.

Is 13th Month Pay Taxable?

13th Month pay is exempt from tax up to a maximum of ₱90,000. Amount in excess will be subject to withholding tax on compensation.

What is Holiday Pay?

Holiday pay is a form of compensation an employer offers its employees when requiring them to render work during regular, special, and special non-working holidays.

Who is entitled to Holiday Pay?

In general, all employees who work on regular workdays are entitled to receive holiday pay as mandated by Philippine laws. However, there are several employees who are exempted from receiving holiday pay benefits, such as:

Employees for retail and service companies with less than ten (10) regular employees
Managerial employees
Managerial staff members and officers
Government employees
Domestic helpers
Employees engaged on task, contract, or purely commission basis

Employees covered under the holiday pay rule should receive at least 100% of their salary, regardless if they reported to work or not.

What are the pros and cons of outsourced payroll compared to in-house payroll?

When compared to in-house payroll, outsourced payroll is more cost-effective. It raises the bar for business continuity while providing highly-trained payroll professionals to take charge of a company’s payroll needs.

Contact Our Team

We're here to assist you. Whether you have questions, need assistance, or want to explore opportunities, our team is ready to provide the information and support you require.