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If you want to be in the good books of authorities, you must be careful and prompt with the execution of your Singapore payroll. If you are a newbie business owner, here is a guide to manage and process payroll in Singapore. What is the Singapore Payroll? As a Singapore employer, you must pay your staff accurately and on time. As per the Employment Act, you must pay them within 7 days of the end of your pay cycle. However, the trouble is that you must follow pre-defined labour and payroll rules and regulations as if your life depended on it. Keeping abreast of changes in these rules requires time and is challenging for business owners. It is a job for professional firms like payroll services in Singapore. The payroll itself has multiple components you have to factor-in in the calculations of employee salaries, mandatory contributions, taxes, deductions, Etc. Look at the payroll process in Singapore from any angle, and you will find it time-consuming and ...

  You may have found that processing payroll for your singapore company is getting complicated. Before you even start with it, you have to familiarise yourself with the compliance related changes the labour and payroll laws. Well, it is high time you should know about payroll outsourcing in Singapore. What is Payroll Outsourcing? Singapore payroll outsourcing is a service provided by a professional third-party payroll services firm. The firm handles legal, taxation, and accounting services for you. First of all, it reduces your workload and saves time and money. Most importantly, the firm ensures that your staff receives its paychecks as per your payroll cycle. These professionals take the complexity, errors, delays, and business risk out of the equation. Your payroll outsourcing firm helps pay your employees on time and accurately. It strengthens the bond between the company and its employees. Moreover, it lends to a productive environment in the workplace. ...