Payroll Management: What is it?
Payroll management is an exercise common to all companies employing employees. As its name suggests, the objective of payroll management is to pay their remuneration to employees, in compliance with all the social obligations associated with it. As a result, managing payroll is a much more complex task than simply paying payroll.
Payroll management also involves the management of leave, sick leave, overtime, reimbursement of expense reports, payment of bonuses, etc.
The management and processing of this various information makes it possible in particular to know the employee’s remuneration.
Payroll management in the construction industry: Constant legal monitoring.
In addition, the constitutional and legal framework surrounding payroll management changes regularly, which complicates the processing of this information. It is almost mandatory for the construction manager to entrust payroll management to an expert who will be responsible for carrying out this legal watch.
Payroll management in the construction industry: The solutions
Each company is free to choose the most advantageous solution for payroll management. So you can:
Manage payroll internally
You can choose to hire a person in your construction company, whose main activity will be payroll management. You will also need to have payroll management software. This is an advantage when you have a large payroll.
The payroll manager will therefore have the role of:
- Analyze and process information (holidays, stoppages, bonuses, etc.) for each employee of the company
- Prepare payslips
- Draft the various employment contracts for new hires: CDI, CDD, subsidized contracts, apprenticeship, professionalization
- Track employee absences, holidays and work stoppages?
- Establish the various documents relating to a breach of contract, retirement.
- Carry out the various monthly, quarterly, annual and ad hoc social declarations
Outsource payroll to an external service provider
Many companies, on the other hand, seek to outsource payroll to an external service provider. Your chartered accountant can take care of payroll management and your social declarations.
This allows you to guarantee a secure framework and in compliance with legal obligations. You will thus benefit from a legal and regulatory update as well as advice from a professional.
This solution is also less expensive than hiring an employee, which has a definite advantage, especially for VSEs and SMEs working in the construction sector. In addition, you will not have to recruit one or more employees to set up a human resource service – payroll outsourcing.
Why not make an appointment with us so that we can discuss it?
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