Embedded Files
LATS Solutions - Quality HR Staffing & Payroll Services
HR Shared Services
Since variety of activities will be covered in LATS Solutions HR Shared Services, this eliminates the need to hire multiple people for the same task, hence, it reduces the total cost of the company. Also, Companies can get benefit from the expertise of "LATS Solutions Team" who are experts in this domain.
Our HR Shared Services model would be more convenient and suitable for growing companies in "Small, Medium Enterprises" Sectors, as it supports them to implement and strengthen the HR process, effectively.
Scope of work:
Dedicated SPOC (offsite) for seamless service delivery and quality.
Support in salary structure fixation as per statutory norms and minimum wages.
End-to-end handling of offer letters, appointment letters, and joining formalities.
Collection of IT declarations and relevant nomination forms (EPF/ESI/Gratuity, etc.).
Maintenance of employee personal files with checklist, stored at client premises.
Generation/mapping of EPF UAN and ESI IP numbers; support in KYC updates.
Probation confirmation letters issued upon management approval.
Salary processing post attendance receipt; includes leave summary and tax projections.
Bank statement formats customized as per requirement; salary slips emailed to employees.
EPF/ESI challans generated after accounts team confirmation.
Absconding case management with notice issuance and termination as needed.
Coordination for No Dues Certificate and Full & Final settlement of exiting employees.
Issuance of Relieving/Experience letters post confirmation.
Support in PF transfer/withdrawals, and PF/ESI inspections & liaison with departments.
Assistance in PF & ESI documentation and correspondence.
Benefits of HR Shared Services
Time-Saving and Cost Effective
Time is money. Saves the company a significant amount of time that would have otherwise been spent on payroll-related tasks. More cost effective than hiring and training in-house staff to handle payroll functions. Reduces risk of errors and costly legal penalties.
Compliance with Law & Regulation Changes
Timely updates reflecting the latest rules and regulations regarding changes in the law. Ensures that your company is abiding by the law and helps you fulfill all the legal requirements related to payroll and salary administration.
Ensures Confidentiality
Our staff can handle and manage payroll, HR information, and other sensitive information on your behalf in compliance.
Google Sites
Report abuse