Hire Highly Effective Full-Service Payroll Services

Processing your payroll in-house can be a time-consuming task. When it is not managed by a trained professional, you also run the risk of costly and disruptive errors within your payroll process. By outsourcing to a specialized firm like The Fin Consultancy, you can guarantee an efficient and error-free payroll process while streamlining your operations internally.

We provide a full suite of payroll services, depending on your business’s needs. We have experience with payroll processing, reporting of payroll taxes to federal, state, and local agencies, and W-2 and Form 1099 preparation and mailing.

What it’s like to work with us:

• Save time by outsourcing payroll processing

• Ensure correct and timely payroll-related tax filings

• Commitment to client communication

• Customization to your business and payroll needs

HR & LABOUR COMPLIANCES

The human resources (HR) function is at the center of most employers’ efforts to identify, hire and retain the people the organization needs to execute its strategy and achieve its goals. But the HR function is a key player within the organization’s compliance structure as well.

There are numerous laws and regulations governing the employment relationship that HR professionals must understand and navigate to help ensure their organizations avoid costly fines and other penalties, including the potential harm to the organization’s reputation.

But abiding by all these laws and regulations can be downright overwhelming. That’s where you can seek help from The Fin Consultancy. We deliver both strategic as well as tactical, i.e., HR and administrative support. Our experienced human resource professionals understand the nuances of national and state labour laws, so they can help your company decode them and expertly execute procedural tasks surrounding government compliance. With The Fin Consultancy managing your HR labour law and HR compliance, you can rest assured that your employees are afforded the protection of national laws, and that you are protected from the risk of Human Resources non-compliance.

In many organizations, the HR function also manages the various compensation and benefit programs, which are heavily regulated as well. For private-sector organizations, this means complying with the laws, reporting, disclosure, and fiduciary requirements, among other things. This is a task made more difficult by frequent, significant changes to relevant laws.

CREATING & EXECUTING HR COMPLIANCES

HR compliance should be treated as a process of defining both individual and group behaviors to ensure the organization’s applicable laws and policies are followed. Once established, they must be effectively communicated throughout the organization. HR compliance has been integrated with the organization’s overall business strategy, and the organization’s leadership has taken steps to ensure all employees understand the importance of HR compliance.

WHY CHOOSE “THE FIN CONSULTANCY” EXPERT IN HR & LABOUR COMPLIANCES?

• Helps you stick to requirements related to Legislation, Regulations, Standards, Regimes, and Guidelines affecting all business segments on an ever-increasing basis.

• Provides accurate details of HR policies and procedures which in turn help you confidently tender large scale contracts.

• Minimizes legal claims in courts, tribunals, etc. with the help of correct policies, procedures, and best practices.

• Reduces the risk of non-compliance with auditable processes.

CUSTOMIZED PAYROLL SERVICES

Personalized Payroll works with you & your team to customize & streamline the flow of your payroll processing & HR systems to empower your business growth.

When it comes to paying employees, laws and the IRS have made the payroll function a time-consuming nightmare for the small business owner. Small business owners spend an average of eight hours a month performing payroll functions.

We at The Fin Consultancy, take pride in offering our clients customized payroll service that is beyond comparison. We can fully integrate your company’s benefit plans through our customized payroll services. We offer payroll solutions that meet your business needs and enable you to spend time doing what you do best–running your company.

CUSTOMIZED TO MEET YOUR UNIQUE PAYROLL NEEDS!

KEY FEATURES OF OUR PAYROLL SOLUTION

• Simplified, easy-to-use data entry.

• Handles virtually all pay types.

• Manage employee information efficiently.

• Filing quarterly and annual federal and state payroll forms.

• Full array of electronic services including direct deposit, tax payments, and electronic filing.

• Full comprehensive set of reports available 24*7.

• Maintenance of Payroll records according to company needs.

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CUSTOM PAYROLL REPORT SERVICE

There are several reports required by government agencies. Some of them are:

• Worker’s Compensation Audit.

• Unemployment Claims.

• Social Security Audits.

• Preparation & assistance of Federal & State Registration Forms.

BENEFITS OF PERSONALIZED PAYROLL

There are many benefits to having your own personalized payroll service.

• You and your staff can concentrate on growing your business instead of thinking about payroll and taxes.

• You will no longer have to worry about changing tax laws, complex reporting requirements, or using your valuable resources on payroll compliance and reporting.

• The Fin Consultancy provides comprehensive payroll services customized to your specific needs, allowing companies to enjoy the convenience of hassle-free paydays and guidance through all complex processes.

ATTENDANCE & LEAVE MANAGEMENT SYSTEM

An employee management system is an information system that supports the relationship between a company and its employees. Employee management has focused on enabling employees to collaborate on typical managerial tasks with their employers.

The leave management module allows us to define various leave types ranging from earned/privileged leave (PL), casual leave (CL), sick leave (SL), compensatory off (comp offs), maternity leave (ML), paternity leave. The module allows creating and configuring leave types as per grades, designation & locations. The leave module gives the flexibility to define leaves based on the hours worked on the day – Half paid day (HPD) or half-day leave without pay (HLWP).

ATTENDANCE & LEAVE MANAGEMENT SYSTEM INCLUDES:

• LEAVE MANAGEMENT Allows employees and their managers to manage their leaves systematically without any extra efforts from HR and provides a seamless employee life cycle management system.

• DETAILED LEAVE REPORTS Allows you to generate detailed reports with information such as the history of leaves taken, approved, rejected, or pending by any employee.

• EMPLOYEE DATABASE Employee information module provides to store, manage, and monitor centralized employee database effectively with ease. It also allows you to quickly access your required information through selection and filter criteria.

• YEAR-END PROCESSING Automate leave lapsing, carry-forward and encashment, etc. With our easy-to-use leave year-end process, complete the year-end processing to automatically compute leave lapses, carry-forwards, leave encashment, etc., for all employees as per your policy. Get accurate results and a smooth transition to the next leave year.

• HOLIDAY LIST Create different holiday lists for different locations if your organization is geographically distributed across states or countries. Easily prepare and publish the company’s holiday list, including both general and restricted holidays.

KEY BENEFITS OF EMPLOYEE ATTENDANCE & LEAVE MANAGEMENT SYSTEM

• Manages employees' personal/family/company details.

• Manages employee daily/ weekly/ monthly work reports.

• View/approve/reject employee leave requests.

• Maintain all records in a centralized manner which helps in easy tracking of leaves & attendance.

• Keep track of employees’ overtime, permissions, and holidays.

• Assign accessibility and accessing security to safeguard employees.

• Monitor productivity of employees & check employee absenteeism which helps in achieving organizational goals.

EMPLOYMENT & LABOUR LAW

Indian labour laws are made to define clear-cut relations between employees and employers. They are made to safeguard the interests of the workers. Labour Laws in India are very complex. There are a large number of labour laws that apply to a business organization. We provide a total solution and compliance services under various applicable labour laws.

OUR SERVICES

• Registration & Approvals

• Inspections

• Advice & Consultation

• Opinion on Labour Compliances

• Assistance in preparation & filing of various Forms & Returns

• Review & checking of various Forms & Returns

• Periodical Regulatory Compliance Audit under the Law.

• Representation Service include Notice / Proceedings

APPLICABLE LABOUR LAWS

• Industrial Relations

• Industrial Safety & Health

• Child & Women

• Social Security

• Wages

• Labour Welfare

• Employment & Training

• Labour Reforms