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Xiamen Payroll Management Service

Updated:2018-1-17 17:46:50    Source:www.tannet-group.comViews:78

Xiamen payroll management service is the sum of all financial records of salaries for an employee, wages, bonuses and deductions. In accounting, payroll refers to the amount paid to employees for services they provided during a certain period of time. Payroll plays a major role in a company for several reasons.

In an increasingly competitive market for skilled labor, foreign-invested companies are restructuring their salary packages as a means of hiring and retaining quality staff. For this article, we outline the fundamental components of salary in China and introduce some of the structures being used by companies to increase retention and motivation levels in their staff. We also introduce the relatively new concept of outsourcing of payroll management services in China – a business that is becoming more popular as the operations of foreign invested enterprises in China become more diversified and complex.

Xiamen Payroll Management-Payroll Processing
1. Manage multiple pay groups and pay schedules for clients’ various business entities;
2. Calculate gross and net pay, individual income tax, and social benefits;
3. Perform quality control check–itemized payroll processing;
4. Submit itemized payroll reports for clients’ confirmation.

Xiamen Payroll Management - Salary Payment
1. Deliver printed, online, or mobile phone pay slips for employees;
2. Transfer net pay electronically to employees’ bank accounts.

Xiamen Payroll Management-Individual Income Tax Administration
1. Deduct and pay individual income tax to designated government agencies for employees;
2. Handle individual income tax filings in compliance with government regulations.

Xiamen Payroll Management - Management Reports
Tannet provides standard management reports that comply with local labor laws and regulations – and help employers to better manage their payroll-related business functions.

Contact Us
If you have further inquires, please do not hesitate to contact Tannet at anytime, anywhere by simply visiting Tannet’s website, or calling Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143422, or emailing to You are also welcome to visit our office situated in 16/F, Taiyangdao Bldg 2020, Dongmen Rd South, Luohu, Shenzhen, China.

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