Payroll & HR Services
Empower your HR Team to Focus on Core HR Functions
Let Trusted Services be your partner in overseeing one of the key HR functions in your organisation – payroll management. Our team of experienced and highly trained personnel will take on the arduous task of managing your payroll cycle so that you can focus on running your core business.
Service & Solutions for All Businesses
Our payroll management services include these key functions:
-
computation & payment of salaries to employees through various modes of payment incl. GIRO, interbank transfer
-
Central Provident Fund (CPF) registration & administration of monthly payment in timely and accurate manner
-
generation of payroll reports & journals for management & accounting use
-
handling of IRAS-related functions incl. submission into Auto-Inclusion Scheme (AIS), issuing of IR8A forms & annual filing of returns
-
provision of online access to your employees for various HR management resources e.g. leave management, online claim management, online payslip, etc.
FAQs
Frequently Asked Questions
Companies opt to outsource HR functions for various reasons. These include the need to realize cost efficiencies as outsourcing allows businesses to save money and access professional services without significant investments. Access to HR professionals also ensures compliance and brings valuable expertise to the table. By delegating this function, companies can focus on its core business activities while enhancing productivity. Scalable and flexible HR services adapt to changing business needs, and enhanced HR services improve the overall employee experience
One key HR function that can be outsourced to Trusted Services is payroll management. This include the following activities & processes:
-
computation & payment of salaries to employees through various modes of payment incl. GIRO, interbank transfer
-
Central Provident Fund (CPF) registration & administration of monthly payment in timely and accurate manner
-
generation of payroll reports & journals for management & accounting use
-
handling of IRAS-related functions incl. submission into Auto-Inclusion Scheme (AIS), issuing of IR8A forms & annual filing of returns
-
provision of online access to your employees for various HR management resources e.g. leave management, online claim management, online payslip, etc.
-
A PEO (professional employer organization) acts as a co-employer and performs more services for its clients and shares the financial risk of your business. An HRO (human resources outsourcing) only provides the specific services that you choose.
Outsourcing is often seen as a one-off and a response to a problem or disruption of services. Managed services are a strategic approach toward handling a critical business function. The keyword in managed services is “managed” as such services support your HR requirements on an ongoing basis.
No. Besides giving in-house HR professionals more opportunity to focus on strategy and other core functions, outsourcing can deliver a number of other benefits. For instance, it provides companies with access to specialized HR expertise, helps with regulatory compliance and speeds up response times on transactional HR functions such as benefits enrolment and payroll
Service Packages Designed For Your Needs
Aside from HR payroll management, we also offer supporting services on a custom basis. For instance:
-
administrative support for group insurance management
-
manage tasks for employee onboarding & offboarding
-
prepare work visa applications
-
provide MOM audit assistance
-
assist in drafting of employment letters & contracts.
In short, everything you need when it comes to your HR management needs.