Payroll Management

Ensure timely , accurate and compliant payroll

Managing payroll is a fundamental business operation that affects employee morale and reflects the company’s financial stability. The payroll management process encompasses the administration of an employee’s financial records. This includes handling salaries, wages, bonuses, deductions, and calculating net pay and end-of-service benefits in compliance with UAE laws. A robust payroll management system not only ensures better security but also keeps employee data confidential, with tailored access levels for different user roles.

MGI SRCA offers a sophisticated payroll management system that streamlines and secures this complex process, ensuring accuracy and confidentiality.

Receive a call from our accountants

Objective of Payroll Management

  • Accurate and timely compensation:
    Ensuring employees receive the correct amount of pay on time.
  • Compliance with laws and regulations:Adhering to all relevant tax laws, labor laws, and other regulations.
  • Employee satisfaction:
    Accurate and timely payroll processing contributes to employee satisfaction and morale. 
  • Efficient payroll processes:
    Streamlining payroll operations to reduce errors, improve efficiency, and minimize costs.
  • Data security and confidentiality:
    Protecting sensitive employee data and financial information is a critical objective.
 

Why choose MGI SRCA ?

  • WPS Compliance:
    We ensure company’s compliance with the UAE’s Wages Protection System (WPS), managing requirements seamlessly for mainland companies.
  • Timely payroll processing:
    We have dedicated and expert team to process company’s payroll as per predefined timeline with accuracy.
  • Error Reduction:
    We use appropriate payroll technology to automate payroll processes and minimize errors.
  • Accurate financial records :
    We maintain with confidentiality accurate and detailed records for accounting and reporting purposes.