Uploaded on Aug 4, 2021
If you are the Human Resources Manager or Executive, one of the most essential duties in your job schedule is to ensure that the employees of the Organization get paid within a monthly cycle. Payroll Management simply refers to the calculation of payment of working hours of the employees alongside income tax rate, PF deduction, Healthcare Benefits and much such nitty-gritty. However, the task does not only require a rigorous calculative process but you need to be extra cautious to look out for the total number of leaves taken or if there is any extra amount pending to be reimbursed. Money is definitely one of the motivating factors behind reporting to work at the correct time every day and employee retention. Hence, a delay in salary credit or an unnecessary deduction undoubtedly upset the employees.
Simplifying the Definition of Payroll & Steps to Choose the Correct Payroll Software
Simplifying the Definition of Payroll &
Steps to Choose the Correct Payroll
Software
If you are the Human Resources Manager or Executive, one of the most essential duties in
your job schedule is to ensure that the employees of the Organisation get paid within a
monthly cycle. Payroll Management simply refers to the calculation of payment of working
hours of the employees alongside income tax rate, PF deduction, Healthcare Benefits and
much such nitty-gritty. However, the task does not only require a rigorous calculative process
but you need to be extra cautious to look out for the total number of leaves taken or if there is
any extra amount pending to be reimbursed. Money is definitely one of the motivating factors
behind reporting to work at the correct time every day and employee retention. Hence, a
delay in salary credit or an unnecessary deduction undoubtedly upset the employees.
To make this humongous and supreme important task easy, you must choose the correct HR
and Payroll Management Software. Not only managing the payroll but a combination of HR
and Payroll Management Software can help you track the entire job cycle of an employee. A
correct choice will make your task easy and you will get a spare window to look out for other
activities. You can explore the services of FriendHRM, one of the cheapest and
convenient Payroll management software in Malaysia. Here are few steps to guide you in
choosing your perfect fit:
Economical: Every Organization has a specific budget to spend on Human Resources
which you should not exhaust completely on getting HRM software as there are many
areas where the budget can be used more explicitly. FriendHRM is a free online app
for Malaysia offering you exclusive benefits like payroll management, Leave
Management and other important facets in HR management.
Quality: A manually tracked report might contain unwanted errors or typos that can
be nullified with a computer-generated report. But this is not all, not every HRM
software will give you your desired result. You should opt for HRM and Payroll
management software that is convenient and easy to use. FriendHRM, HR and Payroll
Management Software designed in Malaysia, will give you quality output and is super
easy to learn all its functions.
Up-to-Date: Tax rates and PF funds are something that goes under constant change.
Hence, you need to be extra attentive towards the numbers. But what if you choose
HRM and Payroll Software that gets auto-updated after each revision?
FriendHRM, Payroll Software in Malaysia is constantly monitored by a team of
skilled technicians who work 24x7 to incorporate such updates to the app.
Explore the services offered by FriendHRM, HR and Payroll Management
Software in Malaysia in more details at FriendHRM dot com.
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