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UNIVERSAL SERVICES |
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Pay Roll Services (PRS) Pay Roll Services offered by universal is unique contemporary outsourced service with a difference by the pioneers. Why outsource your Payroll Payroll has never been easy for any organization, data capture; data verification and payroll processing are time Consuming, laborious activities. It involves a lot of paper intensive administrative tasks that call for a high degree of accuracy and speed as the ’pay cheque’ is what an employee looks forward to at the end of the month. Errors, delays or omissions, some of the common problems that occur in payroll processing could trigger off a chain ofHR issues as the employee is frustrated at the end of a toil. Payroll doesn’t stop with just the pay day and pay cheque, statutory compliances that could be regulatory, benefit welfare oriented and taxation laws that govern the operations play an important part of the whole process. These have implications in the recruitment and hiring, termination and leave policies. Keeping abrest of constant amendments and regulations that are being brought about by the enforcing authorities and regulatory bodies is a full-time activity by itself and aligning payroll to these changes is becoming constant. The corporate world has begun to realize that remaining competitive calls for focusing on their core business expending on their core competence is being called for. This has paved way for outsourcing identified routine, laborious and time consuming activities. Payroll is one such painful process that can be outsourced to a trusting partner; universal your corporate partner for Payroll services. Payroll Reports
Monthly Reports
Pay Register Pay Slips – Monthly Summaries Bank Report Form 11 – Wages Slip Department wise PF & ESI Summary Annual / Half Yearly Reports · Bonus Register – On actual rates/last rates · Leave with wages Register CL / SL Register –Form 7
MIS / CA Report
· Employee Details Report · Salary Certificate · Summary of PF/ ESI Contribution · Salary Breakup – Summary · Salary Breakup – Employee wise · Annual Benefits Reports · Employee wise salary taken in a period · Department wise salary Summary · Employee wise rates in period · Employee wise Gross in a Year · Employee Master · Salary Record · Department wise payable days in period Employee wise salary in a year
Why Universal PRS Pay Roll Services (PRS) with a difference is what Universal offers. Universal the pioneer in payroll Services have sensed the need of the corporate world when they are looking for a partner to outsource Their payroll, comprehensive solution from time-keeping to statutory compliances. Universal’s PRS with state of art technology, with the best of security features and expertise in ESI, PF & labour law compliances offers you the most comprehensive payroll solution. We take care of data capturing with our Clients the client’s site itself. We believe technology can be an enabler but handling issues related to a company’s most important and sensitive asset the Human Resource can be done only by people.
As a client you can have complete peace of mind as Universal will ensure that your employees get their salaries on time and that you remain compliant with the latest of the amendments in ESI , PF & labour laws minimum wages , compliances related payments are made on time and you are freed of the time that you have always wanted to focus on your core business.
Our real-time reports will enable you as a client to make discerning decisions about your pay structures, recruitment policies and other administrative changes.
At Universal we believe in ’Uniqueness’, our team will ensure the basket of services is customized to your business requirements while remaining compliant.
Our team of experts will ensure that the transition process is seamless, from data mining at your end to report generation from our end.
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