Shifting the responsibility to outsourcing by a local team of experienced experts is a safe bet. It not only diminishes the administrative burden, saves time and resources, but most importantly eliminates the potential risks of non-compliance and resulting penalties from local statutory authorities.

Payroll agenda processing

Our payroll services in Russia cover the following functions and tasks:

• Data collection & payroll calculation: Take-over and check of all input data and pertinent information in order to process an accurate payroll calculation, calculation of all employee deductions, taxes and net salaries in compliance with the statutory requirements; calculation of off-cycle payments
• Benefits and bonuses administration: Calculation of benefits and bonuses based on provided schemes, such as medical or life insurance, pension plans, vacation time, sick leave and maternity leave 
• Full cycle of payroll calculation, taxes, verification of results
• Payslips distribution & payment administration: Generation of payslips in hard-copy and password-protected PDF files, distributed by email or saved on the online self-service portal for employees; preparation of payment orders and distribution of payments to employees and local authorities
• Preparation of all necessary payroll templates and reports, including, but not limited to, vacation and bonuses reserve, preparation of postings in the client format and other forms in accordance with the wishes of the Customer
• Hotline support for employees for their payroll inquiry handling 
• Statutory reporting: Regular payroll-related statutory reporting and filing to Russian authorities, including communications with these authorities
• Personal income tax: Calculation and filing of personal income tax returns
• Management reporting: Regular standard reporting package in the agreed scope, as well as any other specific reports your management needs