Payroll Management: Do You Outsource or Handle It In-House? Let's Discuss!

Hi All,

Could you please tell me if Payroll is usually outsourced in your organizations or if it's done in-house? If done in-house, which software is used, and if outsourced, to whom?

Regards

Hi Kishore,

We have outsourced the payroll completely. We just provide them leave records, and the rest they do on their own. They handle our PF, Gratuity, and superannuation as well, and the charges are quite reasonable. Since you are in Delhi, please send me your numbers. I have already sent my numbers to you. I'll inform the company to be in touch, and once you provide me with your number, I'll give you all the details.

Cheers,
Archna

Dear Kishore2007,

How many employees do you have in the company? Currently, how do you manage your payroll? I suggest conducting a cost analysis to determine the best option for your company and its employees. You can base your analysis on the following factors:

- Cost of software for in-house vs. outsourced payroll processing.
- Employee salaries for those handling in-house payroll vs. outsourced services.
- Long-term goals of the company.
- Company budget.

I hope this information is helpful.

Carmie