Hi , Can anyone help me out how payroll /salry processing is done in the organsiations,,,like what all tools are used ,what all elements are present etc... Warm Regards, Seema Jindal
From Malaysia, Kuala Lumpur
From Malaysia, Kuala Lumpur
Its depending upon policy of the company but Basic should not be less than 30% of the Gross salary. and what exactly you want to know pls tell me in detail.
From India, Pune
From India, Pune
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From India, Pune
From India, Pune
Dear Seema,
In the market lot of payroll softwares are available. search on net by typing Payroll Software in google then would found lot of links and download any demo version which will give you basic idea of operation of Payroll software and reports generation.
Regards,
Harish
From India, Ludhiana
In the market lot of payroll softwares are available. search on net by typing Payroll Software in google then would found lot of links and download any demo version which will give you basic idea of operation of Payroll software and reports generation.
Regards,
Harish
From India, Ludhiana
Seema, you can call me at 9880100855 and i will give u couple of tips in Payroll processing its easy..u dont have to worry rgds Sanketh
From India, Bangalore
From India, Bangalore
Dear Seema,
I would like to request you to kindly search for payroll in this forum. Previously we had lots of discussion regarding payroll and salary processing in this forum.
Regards
Satyabrata Sarkar
+91-9632204206
From India, Bangalore
I would like to request you to kindly search for payroll in this forum. Previously we had lots of discussion regarding payroll and salary processing in this forum.
Regards
Satyabrata Sarkar
+91-9632204206
From India, Bangalore
Hi Seema,
Administration of Payroll is core HR activity. HR is supposed to formulate and modify Payroll policy as per the requirement of time, which continually gets evoluated. Payroll administration may become sensetive activity especially in a Large/Medius Manufacturing units where bargainable / unionised workmen work.
An comprehensive activity should encompass standardizing of payroll attibutes gradewise; and then start with earning heads such as Basic, DA, HRA, CCA, Washing Allownce, Production Linked Allowances etc and other allowances on one side and Statutory Deductions on the second side with PF, FPF, ESIC, MS Tax on Proffn Trade and Callings, TDS, MLWF (once in semester) alongwith other deduction heads like staff adv deductions, society, canteen, etc. as the case may be. Before this, leave management and standardisation of entire force is absolutely necessary. There should also be a clear and transperant directions with regards to overtime and bonus calculation methods. Going ahead, there shold also be a provision for deduction of fines in case it is formulated by the management for late coming etc.,
As far as HOW about the payroll processing, one has to first study different attributes of existing payroll system in ones' organisation. Having accimilated the present structure of payroll, one has to give it a second thought and see if there are any chances to revise and develop the existing system considering present HR scinario in ones' organisation.
Having got some definate clues in this line, one HAS TO APPREACH THE HIGHER MANAGEMENT FIRST for discussion above the advantages of the developed system. If the decision makers think it would be appropriate to formulate revision in existing system, and have given green signal for for going ahead; one has to seek the proposals for developing such kind of system; or get the system developed in-house as the case may be.
Note that calculation part, generation of various forms etc., is more or less prototype, the fundamentals lie in approach as aforesaid. Hope this primary input will be enough for you to start with.
regards,
arun dixit
Administration of Payroll is core HR activity. HR is supposed to formulate and modify Payroll policy as per the requirement of time, which continually gets evoluated. Payroll administration may become sensetive activity especially in a Large/Medius Manufacturing units where bargainable / unionised workmen work.
An comprehensive activity should encompass standardizing of payroll attibutes gradewise; and then start with earning heads such as Basic, DA, HRA, CCA, Washing Allownce, Production Linked Allowances etc and other allowances on one side and Statutory Deductions on the second side with PF, FPF, ESIC, MS Tax on Proffn Trade and Callings, TDS, MLWF (once in semester) alongwith other deduction heads like staff adv deductions, society, canteen, etc. as the case may be. Before this, leave management and standardisation of entire force is absolutely necessary. There should also be a clear and transperant directions with regards to overtime and bonus calculation methods. Going ahead, there shold also be a provision for deduction of fines in case it is formulated by the management for late coming etc.,
As far as HOW about the payroll processing, one has to first study different attributes of existing payroll system in ones' organisation. Having accimilated the present structure of payroll, one has to give it a second thought and see if there are any chances to revise and develop the existing system considering present HR scinario in ones' organisation.
Having got some definate clues in this line, one HAS TO APPREACH THE HIGHER MANAGEMENT FIRST for discussion above the advantages of the developed system. If the decision makers think it would be appropriate to formulate revision in existing system, and have given green signal for for going ahead; one has to seek the proposals for developing such kind of system; or get the system developed in-house as the case may be.
Note that calculation part, generation of various forms etc., is more or less prototype, the fundamentals lie in approach as aforesaid. Hope this primary input will be enough for you to start with.
regards,
arun dixit
Hi, im pursuing Part MBA HR i left my job as a office assistant in year 2007 from that time im unemployed n taken addmission to PART time MBA HR im looking for job in recritment industry but i dont know whether i will get job or not? i wanna knw whether im eligible to apply for job in recruitment firm
From India, Mumbai
From India, Mumbai
Its depending upon the ur company policy but Basic should not be less than 30% of the Gross salary and HRA should not be less than 40% (for non metro) or 50% (for metro) of the basic and convenyance should not be more than 800/- as per company law.
Regards
Madan Mohan Verma
Can anyone help me out how payroll /salry processing is done in the organsiations,,,like what all tools are used ,what all elements are present etc...
Warm Regards,
Seema Jindal[/QUOTE]
From India, New Delhi
Regards
Madan Mohan Verma
Can anyone help me out how payroll /salry processing is done in the organsiations,,,like what all tools are used ,what all elements are present etc...
Warm Regards,
Seema Jindal[/QUOTE]
From India, New Delhi
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