Payroll · Latest

Tax deduction at source on salary in Bangladesh: The employer’s guide

Payroll in Bangladesh carries a duty that sits with the employer, not the employee. Every month, the person responsible for paying salary must work out what tax the employee will owe across the whole year, take a slice of it from that month’s pay, and hand it to the treasury on time. Get the arithmetic […]

Marianne David

September 28, 20268 min read

38 articles

Payroll risk management strategies for Sri Lankan companies

Marianne David

Payroll

Payroll risk management strategies for Sri Lankan companies

In the dynamic business landscape of Sri Lanka, effective payroll risk management is an imperative aspect for companies aiming to secure their compliance and bolster financial integrity. Payroll processes encompass various complex elements, making them susceptible to risks such as errors, fraud, and non-compliance with local labour laws. Errors in payroll can originate from misclassifications, […]

March 12, 2025·6 min read

Payroll audit checklist template for Sri Lankan businesses

Marianne David

Payroll

Payroll audit checklist template for Sri Lankan businesses

In the dynamic business environment of Sri Lanka, payroll audits have become an indispensable practice for companies striving to maintain seamless operations. Payroll errors can lead to significant discrepancies, impacting both employee satisfaction and regulatory compliance. This is where audits come into play, acting as a crucial measure to verify the accuracy of payroll data, […]

March 12, 2025·8 min read

Payroll audit and risk management_ The definitive guide

Marianne David

Payroll

Payroll audit and risk management: The definitive guide

In the dynamic world of business, payroll audits stand as a crucial mechanism to ensure financial integrity and operational efficiency. A payroll audit is a comprehensive review of your company’s payroll system, which is vital for maintaining accurate records and ensuring compliance with ever-evolving labour laws. The role of payroll audits Payroll audits help in […]

March 12, 2025·11 min read

Marianne David

Payroll

Payroll strategies for small businesses

For small businesses, managing payroll can be one of the most daunting administrative tasks. Unlike larger corporations with dedicated payroll departments, small businesses often juggle numerous responsibilities, making payroll management a significant challenge. Incorrect payroll handling can lead to compliance issues, tax penalties, and unhappy employees, which no small business can afford. Effective payroll management […]

March 10, 2025·12 min read

Best payroll practices_ A comprehensive guide

Marianne David

Payroll

Best payroll practices: A comprehensive guide

Robust payroll practices are essential for organisational success. Mastering best payroll practices not only ensures seamless payroll operations but also enhances trust and transparency within the organisation. Why do payroll practices matter? For starters, they streamline operational processes, mitigating the risk of errors and non-compliance with local and international labour laws. Such efficiency in payroll […]

March 10, 2025·8 min read

Marianne David

Payroll

Preventing payroll fraud in Malaysia

Payroll fraud is, without a doubt, one of the most insidious threats to businesses worldwide – and Malaysia is no exception. Essentially, it involves the manipulation of payroll systems to divert funds dishonestly. This can take many forms, including ghost employees, where a non-existent employee is listed on the payroll to extract funds fraudulently. Other […]

February 17, 2025·9 min read

Payroll risk management strategies for Malaysian businesses

Marianne David

Payroll

Payroll risk management strategies for Malaysian businesses

Managing payroll effectively is a cornerstone of any organisation’s success. In Malaysia, businesses face unique challenges when it comes to payroll risk management, including compliance with local labour laws and navigating the complexities of multinational operations. Efficient payroll management is not just about ensuring that employees are paid on time; it’s about safeguarding the business […]

February 17, 2025·7 min read

MiHCM Reporter

Payroll

Payroll reconciliation in Malaysia

What’s payroll reconciliation? Simply put, it’s the process of matching and verifying payroll records against financial transactions or accounts to ensure accuracy and compliance. This is a crucial step that confirms that all payments have been correctly calculated, withheld, and disbursed according to the payroll records. And what does effective payroll reconciliation do? It helps […]

February 14, 2025·6 min read

MiHCM Reporter

Payroll

Payroll outsourcing in Malaysia

In the competitive landscape of Malaysian business, payroll outsourcing is a critical strategy for enhancing operational efficiency and compliance. This approach involves delegating payroll management tasks to specialised service providers, so that companies can focus on the most important aspect of operations: core business objectives. For many Malaysian businesses, outsourcing payroll is a must, considering […]

February 13, 2025·6 min read

Marianne David

Payroll

Effective payroll management: A complete guide

Payroll isn’t just compensation distributed to employees for their work. It’s the entire process of collecting necessary employee data, tracking working hours, calculating wages, handling deductions, and ensuring that net and gross pay are accurately computed. Payroll systems integrate with broader business operations and provide essential support for accounting and human resources. In today’s business […]

November 13, 2024·4 min read

8 Ultimate Reasons to Invest in an Online Payroll System

Rashika Fazali

Payroll

8 ultimate reasons to invest in an online payroll system

Let’s face it. Paychecks matter. Sure, we chase passion but let's not pretend rent doesn't have a say in where we channel our fire.

February 20, 2024·7 min read

Alleviating the pains of payroll processing with HR software

MiHCM Reporter

Payroll

Alleviating the pains of payroll processing with HR software

Payroll processing is one of the most vital exercises for the business. Ensuring every employee is accurately compensated while adhering to all government labor rules/ makes this one of the serious and tedious processes.

January 31, 2016·1 min read

Tax deduction at source on salary in Bangladesh: The employer’s guide

Payroll risk management strategies for Sri Lankan companies

Payroll audit checklist template for Sri Lankan businesses

Payroll audit and risk management: The definitive guide

Payroll strategies for small businesses

Best payroll practices: A comprehensive guide

Preventing payroll fraud in Malaysia

Payroll risk management strategies for Malaysian businesses

Payroll reconciliation in Malaysia

Payroll outsourcing in Malaysia

Effective payroll management: A complete guide

8 ultimate reasons to invest in an online payroll system

Alleviating the pains of payroll processing with HR software

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