1. What is payroll service?
Payroll service is designed to assist businesses in managing payroll, deductions, and bonuses quickly, accurately, and in compliance with the law. It involves not only calculations and payment of salaries and bonuses but also various tasks related to procedures, documentation, and insurance for employees.
2. What does the payroll service at JobTest include?
JobTest`s payroll service is suitable for foreign businesses operating in Vietnam, small and medium-sized Vietnamese enterprises, and newly established businesses in Vietnam.
Due to the need for high accuracy in payroll calculation and the involvement of multiple steps, JobTest`s payroll service supports businesses in performing various tasks such as:
- Drafting contracts and documents for newly recruited employees;
- Creating payroll sheets, calculating salaries, and processing salary bonuses;
- Disbursing salaries to employees;
- Calculating and handling tasks related to deductions from salaries such as Social Insurance (SI), Health Insurance (HI), Unemployment Insurance (UI), Trade Union fees;
- Completing procedures related to Social Insurance for employees;
- Declaring personal income tax, settling personal income tax, and registering dependent deductions for employees;
- Drafting reports on personnel changes for the business;
- Storing information, documents, and records regarding employees;
- Proposing payroll management plans for the business.
3. Trends in Accounting Services Utilization
The trend of using accounting services has become increasingly popular in recent years. The benefits of this service have been proven to give businesses a competitive edge over other solutions in payroll management.
However, this trend has led to many accounting companies impersonating or lacking experience, taking advantage of vulnerabilities when signing contracts to profit. Therefore, businesses should carefully research and choose a cooperative unit to avoid regrettable consequences that may occur.
4. Reasons to Choose Payroll Services at JobTest Ensuring Accuracy
Ensuring Accuracy
The cost of penalties for mistakes or late tax filings can consume a significant amount of a business`s money. Choosing JobTest helps businesses minimize serious errors.
We always keep up with changes in tax rules and regulations, which may affect payroll management, to ensure that businesses comply with the law.
Maximizing Cost Savings
Recruiting, training, and retaining a team of employees in the Payroll and Benefits department incurs a lot of costs. For large businesses, administrative tasks can consume a lot of time without the ability to generate any profit.
At this point, using payroll services will help maximize cost savings for businesses. It`s much cheaper than maintaining a large workforce and paying monthly salaries, hiring specialists, or purchasing accounting software.
Increasing in Work Productivity
When a large volume of work related to payroll, net salaries, deductions, pay slips, file management, and procedures related to insurance has been handled by JobTest, the burden on the company`s personnel or accountants will be reduced. This allows them to focus on core business activities, thereby increasing work productivity.
Fast and Accurate Data Processing Speed
The payroll service at JobTest is carried out by a team with rich experience in accounting, labor, payroll, tax, and has executed numerous projects for many companies, ensuring high accuracy.
We have specialized software to ensure the accuracy and speed of generating figures related to salaries, bonuses, and deductions.
Customer Information Security
All information related to salaries, bonuses, and customer names will be securely protected by us.
5. JobTest - Payroll Calculation Service
JobTest always prioritizes customer benefits and service quality. Therefore, we have been and are being chosen by many businesses in Vietnam.
With many years of experience in payroll accounting, JobTest understands the difficulties that businesses face in payroll management. From there, we provide useful solutions to address these challenges thoroughly.
JobTest`s payroll calculation service helps customers simplify the entire payroll calculation process in accordance with Vietnamese labor laws and the specific regulations of each business. We are available 24/7 to support customers with any issues related to our service. Therefore, do not hesitate to contact us for quick and dedicated advice.