Payroll Process & Management
NCS can provide a complete payroll management and processing services to our clients. Regardless of the size of the client, number of employees and complexities of the payroll, we can tailor our offers as per the client’s need.
While some clients choose our service in order to reduce their operational cost by outsourcing their non-core activities, some clients prefer to keep payroll related information confidential from the internal employees. More importantly, there are list of administrative and legal requirements that comes along with having an employee in a company, on all of which NCS can assist clients either on advisory or execution basis.
PAYROLL PROCESS AND MANAGEMENT SERVICES COMPRISE OF:
- Issuance of monthly pay slips, Salary Certificates and Bank transfer letters.
- Leave management for the employees example Holidays, Absences, Paid Leaves
- Issuance of No Objection Certificates (NOC) for employees
- Preparation of Offer letters
- Assistance with application and selection of suitable Health/medical insurance
- Assistance with the setup of Wages Protection System (WPS)
- Calculation of Statutory Gratuity payments as per the UAE Labor Law.
- Calculation of the end of settlement in the case of termination during probation or after probation period as per the UAE labor law.