Payroll and HRM Administration Services, Kerry
TOC offers a fully outsourced payroll administration service and Human Resource Administration Service through its trading name, Paybond.ie. Our experienced and professional staff bring high level capability to your payroll department. From electronic payment of wages and deduction of tax from salaries and wages and providing accurate and timely HR information to employers, TOC can be a part of the daily operation of your business. This is interaction is highly valued by the leaders of small and large businesses alike.
The payroll function is a critical yet non-core part of your business. Keeping up with the constant change in employment and taxation legislation places a significant burden on management resources in small and medium sized businesses. Many companies underestimate the cost of processing payroll, they fail to account for the hours spent to pay employees and maintain accurate paperwork, deal with employee and Revenue queries, workforce turnover issues, the costs of WRC and Revenue audits and the ongoing HRM needs of employees. The cost of recruiting and training of specialised staff can be considerable and many find the outsourced solution to be more cost effective in the long run.
Why do businesses choose to outsource their payroll function:
- Reduce & control costs
- Legislative Compliance
- Payroll Helpdesk
- Confidentiality
- Security and peace of mind
- Complete business continuity
- Frees up management time to focus on core activities of the business
At TOC we have experience of working with many clients across a diverse range of industries. We can tailor a customised solution to suit your specific needs.
Our payroll services include:
Payroll Processing
- Preparation of weekly, fortnightly, monthly payroll
- Process documentation for Starter/Leavers
- Pro rata salary and allowances as instructed
- Benefit in Kind calculations
- Employee starter and leaving filing
- UK payroll processing
Payslips
- Provision of printed payslips onto pre-printed stationery or confidential online payslip provided directly to each employee
- Duplicate payslips available on request
Reporting
- Provision of standard & customised reports on request
- Easy access to historical reports
- Reports in Text & HTML for easy export to Excel
- Third Party reporting option (Pension, VHI, CSO etc)
- Audit Trail Reporting
Bank Transfer
- Electronic Fund Transfers direct to employee Bank account
- Use of TOC Client account provided, if required
Pensions
- Management of full pension administration
- Pension Deductions
- Payment to Pension provider
- Reporting & Reconciliations
Staff Expenses Payment Option
- Provision for recording & payment of employee expenses
- Ability to report on client expenses
HR Module & Reporting
- Calculation and recording of annual leave entitlements
- Calculation and recording of public holiday entitlements
- Training History Log
- Salary movements History Log
- Annual Leave History Log
- Changes to Tax Credits History Log
- Payroll Elements-Payments/ Deductions
- Advice on Staff Handbooks
- Advice on Employee Contracts
Annual compliance
- On-line filing of weekly, monthly, annual payroll returns
- CSO Returns
- Dealing with audits from Workplace Relations Commission
- Dealing with Revneue audits and queries
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