HUMAN RESOURCE ADVISORY SERVICE
Behind the success of any company,
there is a great effort done by the employees of the corporation. Though, it is
necessary to entertain the workers of the company and also do the needful to
motivate, support, and unite them to work together as a team. To take all the
workers of the company in the mainstream, there should be some exercises
required to be done, which can correlate every employee emotionally,
psychologically, and skillfully to work for the company and take it at the peak
of success. For this objective, there is a requirement for some human resource
advisory services, which are designed especially for corporations to entertain
their employees and also work on their requirements to empower them to work
dedicatedly for the organization.
We at Capital Radius, provide you with the best human resource advisory services that chiefly conclude the best payroll service, which is one of the most significant parts of HR advisory service that is required by all level enterprises in the industry.
We facilitate our patrons to get professional and business-oriented payroll service that is an integral element of human resource advisory services plus is necessary for all level businesses in Singapore. The payroll services offered by us are based upon the standard Employment Act in Singapore, which directs all level businesses to pay salaries or payments to their workers as per their designations or packages determined by the industry. Moreover, there is a norm for employers that they have to pay salaries to their staff within 7 working days after the end of the payroll period.
The organization which fails to pay the salaries to their employees on time will be liable for an offense, as per the “Employment Act” in Singapore. Being an employer, you are deemed to issue Form IR8A and Appendix 8A, Appendix 8B, or Form IR8S (where applicable) by 1st March each year for all your employees in the corporation.
The employer in Singapore owning 11 or more employees during the year or who have taken the Notice to file details of Employment Income of Employees, he or she must have to present details of staff and their income slabs to the IRAS authority in Singapore by electronic mail.
The entire process of payroll calculation is complicated and may also include different components such as deductions, allowances, benefits, government remittance, and so on. Though, most of the SMEs or companies do prefer to outsource payroll services of their workers to third party professionals or accounting service agencies in the market.
Not all companies can be the same in services and their functions can be different too. Besides, they might have diverse requirements as per your company's needs. Therefore, we cater to the best-in-class including standard human resource services, which are created for specific HR needs of companies such as payment, statutory submission, and generating payroll statements.
No matter what type of company you have, we are dedicated to delivering you with punctual and professional payroll services for all level companies in Singapore. We assure you for rendering time-bound plus statutory HR and Administration services for clients’ businesses as per industry norms in Singapore.
To handle all human resources including payroll requirements of our patrons, we have set a team of dedicated HR professionals, accounting experts, and legal advisors too. They hold massive experience and expertise in handling all simple to complex requirements of HR and Administration of business as per the legal norms. Additionally, they will give appropriate suggestions and consultation for payroll services and outsourcing benefits of them to the needy clients.
Capital Radius ensures for rendering you with services to make payment of employees in the form of CPF on time. Furthermore, we enable our clients to do accurate tax calculations and also file for the same on time. Besides, we assure you for keeping all payroll data of clients confidential too. Hence, you can rely on the best payroll and HR solutions rendered by us.
HOW OUR PAYROLL SERVICES OPERATE FOR YOU
We at Capital Radius will provide you with a professional and fully-trained payroll officer to accomplish your organization’s all payroll needs as per norms in Singapore.
The payroll officer elected by us will review all presented details and documents of your business and staff from depth. Later, he will do the right interpretation of all information and will maintain the accurate payroll report or ledger for all employees. Further, the officer will estimate the payment slab and a taxable amount of all employees as per the standard norm in Singapore too. Hence, the payroll officer will take care of all aspects of payroll services that will make it simple for employers in Singapore to calculate payments including manage taxes of all employees in the organization according to legal norms.
OUR PAYROLL SERVICES INCLUDES
THE SUBSEQUENT ACCOUNTING ACTIVITIES:
· The Issuance of Form IR8A for personal tax filings including statutory annual returns.
· The Salary calculation based on weekly, bi-weekly or monthly payment periods
· The Salary payment to workers through bank transfers such as GIRO
· The Central Provident Funds (CPF) registration plus a timely monthly payment
· The HR Grants Consulting Services
· The HR Performance Management Services
· The Assist to set up worker database including records
· The Company’s Employee Handbook
· The Drafting Employment Contracts
· The Recruitment Service
· While Preparing year-end lR8A forms and appendices (hard copy or electronic)
· Making IR21, GML, NS MUP, CPF refund, government statistical forms, etc
· Managing and administering employees leave Online/Offline
· The Statutory submission i.e. CPF participation, CDAC, MBMF, SINDA, and ECF contributions, National Service Claims
· The Hiring, New Employee and Exiting Employee Administration
· The Drafting of Employment letters
· Employee insurance
· General HR consultancy services
· Salary benchmarking
At Capital Radius, we deliver all-inclusive, personalized company solutions that place strong importance on accuracy, thoroughness, and timeliness. The magnitude of our expertise and experience provides impressive support to your company to ensure its growth and success.