Compensation & Payroll Management

Compensation & Payroll Management

The specialised team shall handle the end to end payroll processing services, which will include the following:

  • Error free and timely payroll processing.
  • Generate various MIS reports and statutory statements of ESI, PF, PT etc.
  • Process start up activities like registration of ESI, PF,PT etc.
  • Facilitate employee self-service like payslips
  • Employee query handling.

Compensation strategies can affect many facts of the business improved employee morale and retention, increased employer engagement, productivity and strengthen compliance with company vision and mission. We help smooth employee exit process, prepare full and final settlement, employee query resolution and enable the employees to avail statutory benefits.

We design & develop compensation plans design which includes job analysis, wage surveys, pay structures. Help the management to design performance linked pay policies, structures, procedures to improve employee motivation, commitment and organizational profitability. We have in house payroll software to process payroll and maintain the reports/annual records to relieve you from the hassles.

Design and develop compensation policies and guidelines emphasizing equality pay systems, paying for performance, competencies, skill or contribution profit sharing, providing employee benefits and other reward schemes to align employee contributions to compensation. We conduct job evaluation, design and develop grades/bands/levels, pay-ranges, competence levels, pay structures and schemes.

Compensation planning and restructuring salary surveys, suggesting salary and grade corrections through salary benchmarking, making employee compensation strategies and plans, design other monetary and non-monetary reward systems.

VRR HR Management Solutions (HR & Payroll Consultants) since last 7 years providing best HR & Payroll Management solutions along with Statutory Compliance. For more details you can contact us through mail [email protected]