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HR & Payroll calculation


Companies employ their people in many different ways. Their remuneration and benefits range on a wide scale from fix salaries to cafeteria systems. Employment and work schedule types may vary as well. Therefore it is wise to consult a labour law expert before establishing employment. Even just to avoid concluding a fake employment contract.

One of the biggest among a company’s expenses is salary. Payroll calculation and charges on labour are managable tasks. 

However, it is worth to be thrifty. Not by paying less salary, but by making it more efficient – for your own company.

Being a qualified tax advisor and HR manager, my expertise will help you avoid these pitfalls.


Misbelief


Payroll calculation? Big deal, I just have to pay the salary agreed.

Yes, correct. Quality work done on time deserves its reward. But how much is it exactly? Charges and contributions need to be deducted, but first determined! That’s when payroll calculation becomes a key issue.

However, for many it is the first encounter with the phrases ’gross’ and ’net’, let alone the actual thickness of ‘the envelope’. Such surprise can be prevented by asking for preliminary calculations (“what’s this gonna cost me?”) and, if possible, by seeking labour law and tax advice even. This way employment and remuneration will be established by taking employees’ interests into account, resulting in a material cost reduction fro your company.

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