I have a question for seniors, plz help me on this..I work in BPO in a UK payroll process will that knowledge help me in any way in the Indian payroll system ????
From India, Mumbai
From India, Mumbai
Dear Bhavna,
Payroll process is almost the same... I have done SAP-HR. I shall put down some notes which I have in regards to this. Let me inform you that Indian payroll is tougher than the other ones.. :)
These are the differences among Indian, U.K and U.S payrolls:
Difference between the US and Indian payroll can be broadly categorized on two basis :-
1. For Contract Employees
2. For Salaried Employees
For salaried employees, mostly the norms are same, but most of the employees are on contract basis Therefore their classification is mainly on two grounds.The contract employee fee is mainly based on hourly basis for which they are billed. But the vendor takes care of the contract employee salary. This means the company send a time sheet to the vendor and vendor then makes the payment to employee.
Every year like Indian Tax rates , there in U.K also changes take place with regard to Tax slabs ( which needed to be reflected in PAYE.. Pay as you earn), civil and social and tax laws. In fact from Oct 2006 , there were many changes in the various laws related to employees in U.K All this need to be populated in respective types. Likewise U.S pay roll has got some specific info types which are large in number as it has a complex system in place.
This is general idea about U.K pay roll.
From India, Bangalore
477Payroll process is almost the same... I have done SAP-HR. I shall put down some notes which I have in regards to this. Let me inform you that Indian payroll is tougher than the other ones.. :)
These are the differences among Indian, U.K and U.S payrolls:
Difference between the US and Indian payroll can be broadly categorized on two basis :-
1. For Contract Employees
2. For Salaried Employees
For salaried employees, mostly the norms are same, but most of the employees are on contract basis Therefore their classification is mainly on two grounds.The contract employee fee is mainly based on hourly basis for which they are billed. But the vendor takes care of the contract employee salary. This means the company send a time sheet to the vendor and vendor then makes the payment to employee.
Every year like Indian Tax rates , there in U.K also changes take place with regard to Tax slabs ( which needed to be reflected in PAYE.. Pay as you earn), civil and social and tax laws. In fact from Oct 2006 , there were many changes in the various laws related to employees in U.K All this need to be populated in respective types. Likewise U.S pay roll has got some specific info types which are large in number as it has a complex system in place.
This is general idea about U.K pay roll.
From India, Bangalore
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From India, New Delhi
Hi Friends,
If you know anyone who has met with a fire accident or people who are born with problems / disabilities such as jointed ear, nose and mouth, please note they can avail free plastic surgery at Pasam Hospital, KODAIKANAL from March 23rd to 4th April 2010 by German Doctors.
Every thing is free. Contact Nos. 04542 - 240668, 245732
No harm in forwarding.. Some person will be benefitted somewhere..
From India, New Delhi
i wanted to know how to calculate salary deductons if a person is absent for a day in a month...(no sick or casual leave), please can anyone send me the format.
From India, Thana
From India, Thana
Oh God....three different issues in once case.
@ bhavna_0885, not sure on what context do you ask this question>
Presuming you are asking to check if you can join any Indian firm with your UK-background in payroll, then the answer is that you "would need" exposure to Indian payroll. Our Indian pay syaytem is mostly complicated and tedious process. However, if you join any firm having payroll software, you can pickup thing rather quickly.
But still I suggest you try learning the Indian Payroll and compensation structure and benefits through appr traning at institutes in Mumbai.
Regars
Ukmitra
From Saudi Arabia, Riyadh
@ bhavna_0885, not sure on what context do you ask this question>
Presuming you are asking to check if you can join any Indian firm with your UK-background in payroll, then the answer is that you "would need" exposure to Indian payroll. Our Indian pay syaytem is mostly complicated and tedious process. However, if you join any firm having payroll software, you can pickup thing rather quickly.
But still I suggest you try learning the Indian Payroll and compensation structure and benefits through appr traning at institutes in Mumbai.
Regars
Ukmitra
From Saudi Arabia, Riyadh
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Payroll Process .doc
Payroll process.ppt
Payroll Process Dashboard sample.xls