Payroll Services
ETS offers customized payroll services, which have high potential of secure, compliance, time saving and cost effective. If your payroll accounting is consuming a significant amount of time and energy, let ETS’s payroll experts to take care of it while you can focus on your core business activities. As a professional payroll service provider, you can run your business knowing that a trusted adviser is handling the payroll processing.
ETS’s payroll personnel are skilled in labor law and are able to advise management on any issues related to human resource issues such as dismissals, vacations, social benefits, pregnancy and reserve duty.
– Payroll administration
– Payslips (Box Mail & PDF via email)
– Salary transfers (trust account)
– Monthly and annual reporting to the authorities (102, 106 and 126 forms)
– Payments: tax authorities, social security and income tax
– Social security claims: reserve duty, maternity leave and unemployment insurance
– Managing employee termination: compensation (161 form), release letters and transfer of balance of different funds
– Allocating funds to Education fund and Pension & management insurance funds in full collaboration and transparency with insurance companies
– Salary, labor law and income tax advisory services
– Reports: cost to employer, allocation to manager’s insurance, allocation for compensation, payroll, and per demand
– Setting of salary benchmarks for the purposes of negotiation and salary comparison
– Tax rate adjustments for employees
– Assistance in preparing for tax authority audit – income tax and national insurance
– Calculation of senior executive salaries and fringe benefits
– Optimization of tax benefits