The payroll service document, such as the salary statement, is a document prepared by employers or institutions employing workers that details the payment made to employees, including insurance, taxes, and other deductions.
These documents are issued every month as long as the employee continues to work. In other words, it is a document that includes all deductions from the employee’s salary, such as stamp and income tax, insurance premium, and any other deductions, along with other allowances such as travel, meals, and overtime paid to the employee.
For Whom can it be preferred?
Outsourcing payroll refers to professional companies procuring services from other companies, usually because they are unable to perform their tasks professionally. The process is monitored by experts, and documents are securely maintained. Other services covered by outsourced payroll include:
- Recording the entry and exit of employees
- Preparation of monthly payroll for paid salaries
- Preparation and tracking of personnel files
- Calculation of compensation for terminated or resigned employees
- Monitoring incentives and discounts
In this regard, the service provides comprehensive solutions within its scope.
Temporary Employment Relationship Authorization Certificate and Its Importance in Turkey
The acquired temporary employment relationship is a relationship established through a temporary employment contract, wherein a specialized employer (authorized private employment agency) engaged in providing workers as a profession hires an employee specifically to be lent to another employer within the framework of the temporary worker provision agreement.
This particular temporary employment relationship can only be established through a specially authorized employment agency.
Side Benefits That Outsourcing Payroll Companies Can Offer
Our payroll outsourcing services enable you to manage your company’s payroll process according to your internal requirements and Turkish tax and labor laws. Taxes are deducted from employees’ salaries at rates specified in local regulations, and employers are responsible for paying income taxes and social security premiums on behalf of employees to the relevant government agencies.
- Preparation and management of salary payroll,
- Recording necessary payroll accounting entries,
- Electronically sending salary statements to employees’ emails,
- Calculation of seniority and notice compensations in case of resignation or termination,
- Preparation of monthly social security declarations and accruals based on salary payrolls,
In this regard, various ancillary services are provided.
Issues That Companies Will Save Money on
Working with expert outsourcing payroll companies allows you to save money on many issues. These can be summarized in general terms as follows.
Legal Responsibilities
Payroll services provided by expert firms help reduce risks as mentioned above. Additionally, they ensure compliance with regulations. Companies offering these services keep themselves updated by closely monitoring their respective industries.
Payroll Software Programs
Expert payroll services Turkey companies do not only have expert teams in their fields. It also contains the necessary software. Therefore, you do not have to pay them or learn them.
OHS and Occupational Safety
A quick and error-free payroll process is a significant advantage of payroll services. This is because processes can be efficiently and rapidly executed by trained experts and utilizing the most advanced technology in the field.
A swift payroll operation means timely salary payments for employees. Professional payroll services can expedite complex calculations, saving valuable time for both the payroll department and employees. Moreover, it is not limited to just that.
Accounting Transactions
Payroll services also contribute to cost optimization for businesses. For example, many time-consuming tasks associated with payroll processes, such as calculations, tax withholdings, and deductions, can be efficiently handled. As these tasks are performed by expert firms, it reduces the need for data entry by clients and minimizes the time spent on payroll-related activities.
Türkiye Employment Process for Foreign Companies
Outsourcing payroll companies Turkey also provide services for foreign companies. In this respect, its solutions are quite comprehensive.
Law and Legislation Information in Turkey
Foreign companies that will operate in Turkey must comply with the relevant laws and regulations. But both knowing these and keeping track of them regularly can be complicated. Outsourcing payroll companies help you in this regard.
New Company Opening
The process of starting a new company is quite complex. Each country has its own specific laws on this matter. Outsourcing payroll companies also support foreign companies in this regard.
Office Rental and Bank Transactions
Office rental and bank transactions are also among the services assisted by professional human resources companies. This allows foreign companies to complete the process more easily.
Application and Regular Notifications to Required Institutions
Human resources companies also make applications to the necessary institutions and make regular notifications thereafter. All these services allow foreign companies to carry out their activities more easily.
INKA HR Human Resources: Reliable Partner in Recruitment and Payroll Services
Our company, which has professional teams in its field, helps you with payroll issues by working professionally. We help you with the recruitment process, team building and many more. Since our company uses advanced software in its field, it allows you to obtain successful solutions.
Recruitment Process and Team Building
Among the professional human resources companies, our company helps you in the recruitment process with its expert staff and superior software. This allows you to install your attachment more professionally.
Legal and Financial Advantages
Among the expert human resources companies, our company is familiar with all laws and regulations in its field. In addition, necessary follow-ups are carried out on a regular basis. Thus, all transactions are carried out in accordance with the necessary laws and regulations. If you want to benefit from these solutions, you can contact us and get information and support.