Salary Scale & Payroll Service at PDP Tax
1. Introduction to Salary Scale & Payroll Service
Building a salary scale and payroll system is not only a mandatory requirement by law but also an important management tool to help businesses operate effectively. PDP Tax understands that a transparent and accurate remuneration system not only ensures legal compliance but also contributes to maintaining a fair working environment and encouraging employee morale.
With extensive experience, PDP Tax brings comprehensive solutions to businesses, including consulting, designing, and registering remuneration systems with authorities. This service is designed to suit the specific needs of each industry and ensure compliance with the latest legal regulations.
2. Importance of Salary Scale & Payroll
Legal compliance:
- The Labor Code clearly stipulates that all enterprises, whether large or small, must build and register a salary scale and payroll system with the local labor management agency.
- Failure to implement or improper implementation can cause businesses to face high administrative penalties, affecting business operations.
- Especially in cases of unexpected inspections from authorities, a methodical salary system will help businesses easily pass these inspections.
Transparency and fairness:
- A transparent salary system helps employees clearly understand their value and rights in the organization. This not only creates fairness but also helps build trust between employees and the business.
- When the salary system is reasonably graded, employees feel recognized for their efforts, thereby increasing work motivation.
- For management, a transparent salary system helps easily control allowances, bonuses, and avoid unnecessary errors.
Effective financial management:
- With a reasonably built salary system, businesses can easily optimize personnel costs, thereby maintaining a balance between operating costs and achieved profits.
- Businesses can also forecast monthly and annual salary costs, helping to plan finances suitable for each stage of development.
3. Legal Regulations on Salary Scale & Payroll
Mandatory structure:
- Businesses must comply with the regional minimum wage updated annually by the Government.
- The salary system needs to be clearly divided into levels based on titles, positions, experience, and professional qualifications. This ensures fairness and suitability for the job requirements of each position.
Registration deadline and procedure:
- After building the salary scale and payroll, businesses need to prepare a full set of documents and submit them to the local Department of Labor – Invalids and Social Affairs within the prescribed time.
- Documents need not only to be accurate but also scientifically presented, meeting legal requirements to avoid being returned or requested for multiple revisions.
Internal disclosure:
- One of the important legal requirements is that businesses must publicly disclose the salary system within the organization.
- This ensures that all employees are aware of remuneration policies, thereby minimizing conflicts or disputes about salaries.
4. Common Issues When Building Salary Scale & Payroll
Errors in grading:
- Many businesses lack experience in dividing salary grades, leading to unreasonableness, making employees feel undervalued.
- Lack of transparency in grading can also cause controversy, reducing employee motivation.
Violation of regional minimum wage:
- Due to not regularly updating legal regulations, many businesses unintentionally pay salaries lower than the regional minimum, leading to administrative violations and serious legal consequences.
Incomplete documents:
- Lack of necessary documents such as decisions to issue salary scales, payrolls, or internal approval meeting minutes is a common error in small and medium enterprises.
- These shortcomings can cause businesses to have their documents returned or have to start over, wasting time and effort.
Cost not optimized:
- An unbalanced salary system can cause businesses to incur high costs while not meeting employee expectations.
- Lack of reasonable bonus and allowance mechanisms can reduce the attractiveness of the business in the labor market.
5. Salary Scale & Payroll Service at PDP Tax
Comprehensive legal advice:
- PDP Tax continuously updates the latest regulations related to minimum wages, allowances, and insurance regimes.
- A team of legal experts supports handling issues related to registration documents, ensuring legal compliance and avoiding legal risks.
Optimal salary system design:
- We build a salary system with reasonable division levels, reflecting the true value of each job position in the enterprise.
- PDP Tax also advises on salaries, allowances, and bonus policies suitable for the budget and development orientation of the enterprise.
Support for registration and transparent disclosure:
- PDP Tax is responsible for preparing and submitting salary scale and payroll registration documents to authorities.
- We support businesses in publicly disclosing the salary system according to regulations and organizing related personnel training.
See more: Financial statement service
6. Service Provision Process at PDP Tax
Step 1: Receive and assess needs:
- Collect detailed information about the scale, field of activity, and remuneration needs of the enterprise.
- Evaluate the current salary system (if any) to offer improvement or new construction plans.
Step 2: Build solutions:
- Propose a salary scale and payroll structure suitable for the industry, meeting legal regulations.
- Offer competitive salary levels and solutions to optimize the enterprise’s salary fund.
Step 3: Finalize documents and register:
- Prepare all registration documents and submit them to the authorities.
- Ensure documents are processed quickly, minimizing errors.
Step 4: Handover and long-term support:
- Hand over the complete salary system and organize training for personnel using the system.
- Continue to update and adjust according to business requirements or legal changes.
7. Benefits of Using PDP Tax Services
Ensure legal compliance:
- Businesses are ensured legal safety, avoiding unnecessary risks and penalties.
Save time and costs:
- PDP Tax helps businesses save internal resources, focusing on main business activities.
Effective salary management:
- The salary system optimizes costs while improving employee satisfaction and retention.
8. Let PDP Tax Accompany You
Contact us today for a free consultation:
📞 Hotline: 0933.665.399 | 0904.073.774
📧 Email: consult@pdptax.vn
🏢 Address: 93 Nguyen The Truyen, Tan Son Nhi Ward, Ho Chi Minh City, Vietnam
🌐 Website: https://ketoanpdp.vn/