Hi!!! All I am new in HR feild. I don’t have any knowledge of Payrolling. Plz help me guysssssssssss.
From India, Delhi
1From India, Delhi
I have to make salary department wise. I don’t know what to do. :( PF n all . I don’t know anything..
From India, Delhi
From India, Delhi
Hi everyone,
I have just joined a company 2 months ago as an HR Manager, where my role was supposed to focus solely on recruitment. However, after starting, the boss has requested me to prepare salaries for the employees department-wise. Unfortunately, I lack the knowledge and experience in salary preparation. Today, I am required to generate the salaries so that they can be distributed tomorrow. I do not have anyone here to assist me, and the company does not possess the necessary software to automate the salary preparation process and generate salary slips.
Please help, as this is urgent.
From India, Delhi
I have just joined a company 2 months ago as an HR Manager, where my role was supposed to focus solely on recruitment. However, after starting, the boss has requested me to prepare salaries for the employees department-wise. Unfortunately, I lack the knowledge and experience in salary preparation. Today, I am required to generate the salaries so that they can be distributed tomorrow. I do not have anyone here to assist me, and the company does not possess the necessary software to automate the salary preparation process and generate salary slips.
Please help, as this is urgent.
From India, Delhi
Hi,
You don't need to do extra; you can find out the format of the salary sheet and others on Cite HR. For your basic knowledge, you can use this:
- PF Employee: 12% of Basic Salary
- ESIC Employee: 1.75% of Gross Salary (up to 15000) where washing allowance is exempted.
- PF Employer is 3.67% & 8.33% in pension fund; admin charges are 1.61%.
- ESIC Employer is 4.75% of Gross salary (up to 15000) where washing allowance is exempted.
You may email [info@fasttrakhrs.com](mailto:info@fasttrakhrs.com) to get the salary sheet format.
Thanks,
Raghubar
From India, Pune
You don't need to do extra; you can find out the format of the salary sheet and others on Cite HR. For your basic knowledge, you can use this:
- PF Employee: 12% of Basic Salary
- ESIC Employee: 1.75% of Gross Salary (up to 15000) where washing allowance is exempted.
- PF Employer is 3.67% & 8.33% in pension fund; admin charges are 1.61%.
- ESIC Employer is 4.75% of Gross salary (up to 15000) where washing allowance is exempted.
You may email [info@fasttrakhrs.com](mailto:info@fasttrakhrs.com) to get the salary sheet format.
Thanks,
Raghubar
From India, Pune
Hi,
Payroll is the sum of all financial records of salaries, wages, bonuses, and deductions. Payroll refers to the amount paid to employees for services they provided during a certain period of time.
The attachment might help you.
Regards,
Jui
From India, Coimbatore
Payroll is the sum of all financial records of salaries, wages, bonuses, and deductions. Payroll refers to the amount paid to employees for services they provided during a certain period of time.
The attachment might help you.
Regards,
Jui
From India, Coimbatore
Ask the boss who was handling salary until now and how it is being prepared. You cannot manage it in one day if there is no system for it. You would need the details of the salary structure, the salary of each employee, the deductions, etc. It also involves statutory compliances.
Thanks & Regards,
Avika
From India, New Delhi
Thanks & Regards,
Avika
From India, New Delhi
Do not Worry Pooja..................Say Aal Izz Well....Aal Izz Well.....Aal Izz Well.....Aal Izz Well....Aal Izz Well LOL :)
From India, Mumbai
From India, Mumbai
Dear Pooja,
Please check the following links for further details. The complexity of your tasks would depend on the number of employees and the software you use. Wish you all the best.
https://www.citehr.com/110240-salary...ion-excel.html https://www.citehr.com/98669-get-fre...alculator.html https://www.citehr.com/65743-salary-...cel-sheet.html
Regards, (Cite Contribution)
From India, Mumbai
Please check the following links for further details. The complexity of your tasks would depend on the number of employees and the software you use. Wish you all the best.
https://www.citehr.com/110240-salary...ion-excel.html https://www.citehr.com/98669-get-fre...alculator.html https://www.citehr.com/65743-salary-...cel-sheet.html
Regards, (Cite Contribution)
From India, Mumbai
Dear Pooja,
It will be of immense help to bloggers if you give more details about your organization: how large is it; for how many people have you got to prepare and pay salary, who was doing the job before, and whether he or she is still employed in the company, etc. As (Cite Contribution) has rightly pointed out, whether you can prepare it within a day depends upon the number involved.
Have a nice day.
Simhan
A retired academic in the UK.
From United Kingdom
It will be of immense help to bloggers if you give more details about your organization: how large is it; for how many people have you got to prepare and pay salary, who was doing the job before, and whether he or she is still employed in the company, etc. As (Cite Contribution) has rightly pointed out, whether you can prepare it within a day depends upon the number involved.
Have a nice day.
Simhan
A retired academic in the UK.
From United Kingdom
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