Salary management: problems and solutions

THE Wage management It comes into play as soon as an employee hired. It consists in the collection and processing of the various data relating to the remuneration of the employee for the work done in the company.

It is a very complex topic and, moreover, human resources and wages professionals must be particularly attentive to the staff management procedure. Especially when you know that the regulations are in constant evolution. Let’s take stock of this important missing in the administrative management of the staff

What is paycheck management?

The management of wages consists of Issue a payment in favor of employees in exchange for the work done for the company.

She is one Central element of the personal administration. It is generally responsibility for the Department of Human Resources and the Accounting Service.

Although its final objective is the establishment of the payroll, the management of wages includes much more than the payment of wages. In fact, several tasks upstream must be done before reaching this goal.

To ensure good wages management, It is important to carry out a work of collection, analysis and processing of employees’ employees :

• Paid holidays,
• allowance,
• Over time,
• prime numbers,
• Or the benefits in nature.

All these data facilitate the calculation of remuneration, contributions (USSAF rate) and social contributions and the rate of withdrawal at the source (PAS). You must also take into account the items and results of employees, work changes, etc.

What are the challenges of wage management?

Salary management requires particular attention since it is permanently subject to regulatory developments and conventional framework.

Therefore, Salari managers must guarantee a legal clock to ensure the compliance of the payroll, among others:

• General regulations for the protection of personal data (GDPR)
• The floating rates of the widespread social contribution (CSG)
• The declarative terms of the reduction of the filling
• The law for the freedom to choose your professional future, more specifically the part relating to equality of remuneration

In addition to remuneration, the payroll manager is responsible for the preparation of certain documents:

Expensive consequences of the non -compliance of the payroll

Any mistake implies problem repercussions for your business. The latter can be administrative, financial, fiscal or even criminal.

For example, your business can be subject to AA Pud’omal litigation Due to a conflict with an employee or even meet the various Penalties imposed by USSAF.

There are also errors related to the entry of information that can cause a Immense waste of time In the case of a retroactive correction or even leads to chain errors up to the regulatory social declaration.

Employer brand in danger

These errors not only influence your business but also your employees. In addition to the financial penalties that your company can manage, there are also repercussions in terms of employers’ brand.

Indeed, Bad management of wages can damage your company’s reputation and frighten your employees. That is to say, 1 in 3 French employee has already noticed errors on his salary slip, generally against him.

In these cases, the company loses the trust of its employees and has difficulty retaining them. The experience of employees and the employer of the employer of your business are successful.

What solutions to manage the salary?

As we saw before, non -compliance can be very expensive for your business.

It is therefore essential to have the right tools to manage it.

For this, you have two main options:

• internal management
• or outsourcing.

Choosing one or the other will depend on the wage management strategy of your business.

Paycheck management software

Even the management of wages does not escape the era of digitization. In fact, more and more companies tend to the dematerialisation of their data and documents.

In addition, many of them opt for a software that simplifies the work of their services for human resources. The paycheck software is therefore an IT tool that allows Manage and automate the production of a compliant remuneration slip.

There are two types of software:

• Single -catefish : In this case, the software is installed directly on your company’s computer network
• Saas (English software as a service) : This solution is much simpler since it does not require any preventive installation. The Saas human resource management software is 100% in the cloud as it is installed on the editor’s servers and you will only need an Internet connection.

To read hope : First 5 priorities to choose the salary management software that you will like to your SMEs

Wages outsourcing

Some companies prefer to ask for external companies or field specialists. In fact, not all companies have a service of human resources or prefer Coaterroll’s outsourcing to focus on other activities.

To this end, you have two options:

• THE Chartered accountant
• or the Companies specialized in wage management.

You can choose theTotal or partial outsourcing.

Chartered accountants are responsible for the management of your corporate accounts and can even offer other additional services such as writing employment contracts, social declarations or due production.

Companies specialized in wage management are an alternative to accounting. This type of company offers the same services as an accounting company with expert employees in the payroll area.

However, there is a difference: the dimension of «human resources». In fact, the core business of these companies is the payroll and not accounting.

Therefore, they are more prone to the aspect of human than financial resources. In short, when the company decides to outsource the payroll, the human resources service will be able to move to other activities with a high added value such as training or hiring.

In fact, you will have the opportunity to concentrate all your efforts and resources about what really matters: The development of your employees.

Manage your variable payments of payments with factorial

Running is a very complex area that sometimes leaves several human resources professionals. To help you in your administrative procedures, Factorial has developed a Saas Human Resources Management Software which allows you to automate administrative activities relating to human resources.

Among other things, thanks to its payer, Fattoria Sirh gives you the opportunity to:

• Manage them variables that affect the payroll
• Have monthly synthesis which include all your remuneration variables
• Pay Bulli genre automatically and keep them In an electronic safe
• Create Personalized relationships On the evolution of the payroll variables

Don’t wait anymore and now manage your EVP payments with factorial! Create a free demo from our software for paychecks! 🚀