Payroll & HR Services
We provide flexible payroll & HR services that improve and simplify your overall process. Our product can be successfully applied to any Small Medium of Enterprise business. By outsourcing your time consuming tasks related to Payroll & HR you can begin to focus your business on what matters most, our service ensure that your needs are being met on time and overtime.
Farahat & Co. offers a one stop shop for all and almost any need that you have, all our payroll & HR services are custom designed to meet you specific requirements because we know that each business runs differently from one another.
Our services are designed to be simple, there are no specific packages, no limited choices and no compromises, it simply fits. Our payroll & HR services are designed to provide you with transparency no matter what the situation maybe
Our payroll services are designed to work with any level of involvement that makes sense for your business. We provide adaptable services that can be successfully applied to any type of organization no matter its size or activity.
Benefits of outsourcing
The main benefit of outsourcing the payroll function is the saving in costs incurred. Hiring a full-time person to carry out this function will be less cost-effective than outsourcing it to a competent service provider. Other benefits include:
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Save time and focus on what matters
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Reduce cost
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Each package is customized to your specific needs
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Fully compliant with your local laws
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All certificates and reports are provided (e.g. Salary Certificate)
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Variety of Payroll Payment Options
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Comparison and analysis reports.
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Annual salary report.
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Bank account variation report
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Labor card ID tracker
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New hires full report
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Overtime report
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Leave accrual report
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Average salary by levels
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Full payroll report
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Bank transfer sheets
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Salary Certificate
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Wages Protection System (WPS) sheets in all banks acceptable format
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(Applicable to U.A.E Non free Zone Employers Only)
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Complaint with latest Wage Protections System (WPS)
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(Applicable to U.A.E Non free Zone Employers Only)
Scope of Work
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Initial setup of the payroll details for your company and each employee from electronic or hard copy data including employee grade, payment details, bank account details, salary and other benefit details.
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Initial setup of holiday records for each employee.
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Setting up adequate pay and deduction components on the payroll system to meet with your requirements.
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Fine tuning of the payroll system to ensure smooth running of the payroll.
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Advising or drafting local work contracts.
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Updating compulsory elements according to the potential modifications/evolutions.
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Transmission and insertion of possible modifications of payroll elements.
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Sending transfer orders to the bank.
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Pay slips validations.
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Updating payroll elements (absences, paid leave) and updating office employees.
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Processing of the monthly payroll for all employees, taking in account salary entitlements, other benefits and all required deductions such as loans.
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Maintaining a monthly payroll register for submission
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Review of bank transfer letters, salaries and/or payroll chq. and payment vouchers on your behalf.
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Monthly pay slips for each employee.
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Calculation of statutory gratuity payments
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Annual salary certificate for each employee.
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Preparation of related certificates (for example, salary certificate).
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Preparation of journal voucher by cost center.
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Calculation, preparation and issuance of terminations, based on the Client’s instructions
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Enquiry?
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