Payroll Solutions (as an Exclusive Solution or part of ELCM)

“A Right Pay is Employees’ Right” – it is not a Slogan, but a Solution committed by us.

We commit a Comprehensive Solution which will be more than a Service of completing a determined Task. Check the below tabular details for to know more.

Pre-Payroll Perusal During Payroll Process Post Payroll Perusal
Ensuring Right HRIS Validate Input Data for Processing current Pay period / Pay month Generate Salary Reports and Salary slips
Attendance / Leave / LOP / Comp. Off / Overtime Pay days for the current month IT, Banking and various other Reports generation
Promotions / Transfers Input numbers match with output numbers Reconcile
  • Payroll earnings with Bank Statement
  • Payroll deductions with Social security benefits, Income Tax & others
New joiners/Separations Earnings matches attendance Payroll Audit with Past month Payroll or entire Year
Salary revisions / Salary on Hold / Suspension Deductions – Advance, Loan, Penalties, Social Security, IT, PT, LWF, etc. Payroll Bank Account details match HRIS bank details
Approved increments and Approved Variables Missing Payments / Double Payments
LOP reversals
Maternity details
National, Festival Holidays
POSH Holiday
Payroll related expense management
Overtime Details
F&F details

Sharing the following Pay Reports

Payroll Summary – Summary of total compensation paid to employees during specific pay month. It helps in Manpower Budgeting and Costing.

Tax Report – Ensures right Income Tax, Profession tax is deducted from the Salary. And Organization meets the Tax obligations

Social Security Benefit Reports – PF, ESI, LWF statements for the period

Cost Reports – Cost-Centre wise, Department Wise, Project Wise to compute the manpower costs incurred. It enables Organization to right-size the Manpower expenditure

Year-to-date report which enables analyse the payroll trends

New joiner / Resignee’s report (for F&F)

Journal Voucher

Headcount and CTC report, Earnings and Deduction Reports

Bank Advice, Loan Recovery Statement

Why HR Vidyalaya – for your Payroll Solutions?

  • We have the expertise and tools required for Organizations to manage the payroll

  • We are consistently updating with the Regulatory Changes in complying with the process of payment of wages/salaries and deduction & remittance of taxes

  • We have the competency of “Master, Checker” to provide Operational Excellence in providing Payroll solutions

  • We have dedicated team and infrastructure to keep ‘Data Confidentiality’