Dear Seniors,
I just want to understand what the purpose is of having the salary processed by a third party. I would like to know why the company chooses to appoint a third-party payroll service to handle the salaries of its own staff. Are there any reasons besides confidentiality for this decision?
Regards, Sandeep C.
From India, Mumbai
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3I just want to understand what the purpose is of having the salary processed by a third party. I would like to know why the company chooses to appoint a third-party payroll service to handle the salaries of its own staff. Are there any reasons besides confidentiality for this decision?
Regards, Sandeep C.
From India, Mumbai
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Sandeep C - Outsourcing leads to efficiency. In this case, outsourcing payroll lowers the cost per transaction, ensures the cost of technology upgrades is lower (cloud computing and SaaS), and ensures that someone else is driving a zero-defect process without consuming too much of management bandwidth.
From India, Mumbai
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From India, Mumbai
Acknowledge(1)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Salary Master payroll.zip
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