Why Companies Outsource their Payroll in Myanmar?
To ensure confidentiality of staff salaries inside your organization
To offer better accuracy by using top technology when calculating payroll
To be better able to match the demands of your business due to seasonal variations, increased pace and growth
To respond more rapidly to changes in staff levels and new product ranges
To assure compliance on laws regarding recruitment and to know that all company and staff permits and licences are in place
To know the correct interpretation of regulations are understood and guidelines are followed correctly. (Full knowledge of national regulations is vital. The ways in which documents processing has evolved and has become common practice requires local knowledge)
MyWorld Careers Outsourced Payroll services include:
Staff Payroll – national and international staff, overtime, staff expenses (If required in multiple currencies)
Contract staff Timesheets
Management of Social Security Board (SSB) documents and payments histories
Reports and returns – operating in full compliance with national laws
Reporting – Year-end
Management of Staff Benefits Programmes
Holiday and Sick Leave recording, Staff records and Health record
"The regular payment of staff salaries is a known golden rule together with adherence to national compliance and reporting regulations. These are matters with which we are familiar due to our experience living and working in Myanmar and blend of international and national staff teams"