Updates and Ideas about Payroll Solutions.
Do you dread the monthly task of manually processing payroll? Let your HR focus on what matters more. Make the switch to a powerful payroll solution.
A payroll management system is the combination of software, processes, services, hardware, and other systems that help automate the payroll process for organizations—from the gathering of timekeeping information, computation of wages, to disbursement of salaries and payslips.
With TRAIN in effect this week, the BIR has released the procedures on the use of Withholding Tax table on compensation income. View the procedures and updated withholding tax table here.
In general, organizations must already have a payroll process in place. The question is when these existing processes need to be streamlined into a more integrated system.
With the number of holidays observed in the Philippines yearly, it’s easy to confuse Regular Holidays and Special Holidays. Here is a quick summary of their difference, plus their effect on payroll computation rules.