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Conose Advertising, which has 50 employees. The controller has recently switched the firm from an in-house...

Conose Advertising, which has 50 employees. The controller has recently switched the firm from an in-house payroll system to an outsourced payroll provider. What are your responsibilities as far as payroll records and employee file issues are concerned?

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Answer #1

Answer)

Responsibilities of firm who got the payroll outsourced:

1)Get proper details and make calculations accurately of the gross salaries and salaries payable.

2)Comply with the law in calculation of Providend Fund or Employee insurance etc so that the company is complying with legal norms regarding the payroll.

3)Maintaining individual files of the employees and making them available to the employees when required.

4)Immediate update of any information if any and preparing them in an easy to understand manner.

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