Payroll & CPF Service
JE Monthly Payroll Services.
Calculation of payroll and salary payment serves to be one of the mundane yet essential task all employers have to do every month. The process can be further complicated by adding in elements such as commissions, over-time pay, allowances and deductions. This turn out that some local business and even SMEs to outsource their payroll function to external party so that they can focus their resources on other money-making activities (e.g. Sales & Marketing).
CPF submission is another aspects employer might find difficult to understand. While it is a mandatory scheme drafted by the government, some get confused by the rate to be paid by both parties (i.e. employer & employee) and also other guidelines related. J&E Corporate Services can assist to release the payroll spreadsheet to the appointed bank to process the salary payment every month as well as print out IRAS itemized payslip to the employees.
Payroll and CPF Services Provided by J&E Corporate Services.
• Review and maintain of payroll-related documents submitted.
• Process gross to net salary calculation applicable to CPF and other contributions.
• Compilation of CPF contributions
• Process expenses claims, bonus and other ad hoc payments.
• Submit salary disbursement data to related Bank.
• Submit detailed payroll report for management’s review.
• Submit statutory claims such as National Service (NS), maternity, childcare and other related forms.