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Payroll

T2P is competent associate offering staffing solutions to facilitate companies to acquire temporary and permanent employees which can improve efficiency, quality and serving the company to decrease employment related risk.

Advantage of Outsourcing
• Single window contact point
• Minimizing long term liabilities
• Implementation of minimum wages
• Easy control through dealing with the agency and not with a number of workmen
• Scope for quality improvement
• Better commitment towards the job
• Nil/minimum union involvement
• Converts fixed employee costs to variable costs
• Allows organizations to Control Overheads
• Allows MNCs / large corporate houses to restrict the numbers of core employees on rolls
• Freedom to employ any number of Outsourced Manpower
• To control negative publicity during retrenchment
What to Outsource
• Field Staff
• Operation staff
• Data Entry Operator
• Clerical staff
• Front office and reception staff
• Housekeeping staff
• Temporary Project Staff
Payroll through T2P
• Transferring client’s identified existing temporary/casual staffs to T2P Payroll
• To establish the co – employment relationship between the client, employee and T2P.
• Effectively & efficiently manage Administration, HR and statutory compliances.
• The duration of contract could be Short term, long term and part time assignments base.
• Option of absorption on completion of the assignment is available.
Advantage of Payroll with T2P
• Cost efficient solution for clients
• Presence all across India
• Core Team of Experienced & trained personnel
• Professionally Managed Organization
• Tailor-made approach
• Web-Enabled Payroll Management solutions
• Complete security of Server & Database
The Responsibilities of T2P
• PF formalities completion
• ESIC formalities completion
• Bank account openings
• Computation and Salary disbursements
• Complete Payroll Management
• Salary Slips disbursements
• Generation of Payment Invoice
• Computation & submission of EPF, ESI, ST & TDS
• Leave Encashment
• Bonus/ LTA/ Medical/OT/Reimbursement Computation
• Computation & submission of Form 12A, 5, 10, 3A & 6A for PF and 3, 5 & 6 for ESI
The Responsibilities of client
• Furnish the detail of Employees to T2P
• Basis of Leave Encashment/Bonus/LTA/Medical/OT Reimbursement or other allowance
• Salary structure & percentage of each component of salary
• PF, ESI numbers of all the employees
• Bank account Details in respect of all employees
• To provide space, technology, gadgets & working environment to associates at their premises (optional)
• To provide attendance of outsourced personnel on due date and time
 
 
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