Payroll

Payroll function need to be seen beyond traditional thinking. Statutory compliances are different at Central, State and Local level. Right from placing the advertisement for new recruitments, interviews, issuing appointment letters, to get the tax saving investment declarations to monthly payroll to internal job transfer to exit interviews are all part of payroll function. Every stage of this function demands different skillset.

Discriminating questions before the businesses are

• whether to outsource or develop inhouse payroll function?
• whether to partially outsource?
• at what scale, business shall have independent function?
• what-if this function doesn’t have back-up plan? How will this function sustain?
• how to manage payroll database, audit trail, data security and
• many more

Team YKT Talentica has been successfully handling the MNCs with the employee size of 2000+. Team’s expertise to work on cloud-based, ERP, customized software reaps the right benefits for the clients.

Labour Law Compliances

PAN India more than 200 labour laws sensitize the subject. Many labour laws links the profitability of the entity to the employee’s contribution. Compliances are coming in the public domain and are driven by technology. Business health checkup feature of the YKT Talentica keeps the non-compliances away.