Payroll Management is crucial for any business and can cause excessive strain on the resources of the company because it is subjected to Nigerian standards and regulations that any business needs to comply to for ensuring timely and accurate payments to employees with the correct tax, pensions and other mandatory deductions. NNRoad can take this extra burden off from your shoulders by outsourcing your payroll duties to our experienced and dedicated team. We provide comprehensive payroll services tailored according to the specific needs of our clients.
- Registering and de-registering the necessary company and personnel information for payroll calculation in compliance with local rules.
- Registering all local employees with the social security board, if required.
- Calculation of gross salary, salary deductions, such as social insurances, unpaid leaves, etc., and net salary based on information provided by the Company including irregular payments such as incentive/bonus, allowance, etc. if applicable.
- Pro-rata calculation for people who join/resign.
- Providing a monthly payroll summary to the Company.
- The monthly issue of electronic pay-slips.
- Prepare annual payroll related reconciliation report.