Payroll Outsourcing

Who needs this?
Business heads who need timely and statutory compliant salary administration.
What is it?
A dedicated service covering every step of the payroll process from employee database setup to salary and bonus processing to banking as well as statutory and tax submissions.
Why Payroll Outsourcing?
Because you want to reduce payroll compliance and continuity risks as well as concentrate on business and talent development.
Why Virtual HR?

We manage more than SGD100 million payroll dollars every year.  We have the friendliest business terms in the industry – no lock-in, no hidden costs, scalable packages, transparent payroll and banking practices.  You can access our friendly service from multiple channels. Be it Implementation Specialist, Call Centre, Support Team or Payroll Specialist, we will walk together with you before implementation and every day after.

Regional Coverage
Singapore Malaysia Thailand Philippines Indonesia Vietnam
Our payroll service covers the major Southeast Asian locations, including Singapore, Malaysia, Thailand, Indonesia and the Philippines.

What is in Payroll & HR:

A
INITIAL SETUP

We systematize your payroll process:

  • Migrate payroll data
  • Review payroll ledger
  • Setup payroll banking account
  • Conduct parallel run
  • Statutory registration (e.g. CPF, FWL, NS Portal, IRAS in Singapore; EPF, SOCSO/PERKESO in Malaysia; Jamsostek in Indonesia etc.)
B
SALARY ADMINISTRATION

We undertake all your payroll processing:

  • Salary pro-ration for new hires and resignees
  • Salary adjustment
  • Compute resignation payment
  • Compute bonus and 13th month (e.g. Statutory 13th-Month in Philippines; AWS in Singapore; Tunjangan Hari Raya (THR) in Indonesia etc.)
  • Compute makeup pay (e.g. reservist, maternity, childcare leave in Singapore)
C
Statutory and Banking

We handle your CPF, banking and statutory submissions:

  • Compute and submit CPF including CPF additional wage capping
  • Bank submission & advice
  • Deduct statutory contributions e.g. SDF, CDAC, SINDA, MBF
  • Submit payroll taxes i.e. IR8A, Appendix A, Appendix B, IR8S and IR21.
D
e-Pay

We provide a full suite payroll system:

  • Electronic payslips
  • YTD earnings report
  • Electronic tax forms (e.g. Form IR8A, IR8E for Singapore)
  • Scale to include leave and claims modules
More about Benefits Outsourcing
E
Support

We supplement your HR and accounting needs:

  • Updates on statutory changes
  • Ad-hoc processing e.g. incentive payments and festive salary advances
  • Resolving employee enquiries
  • Support in external audits
  • Secure records storage, retrieval and destruction
 

Need help with leave and claims?

Read more about benefits outsourcing