How Do I Pay For My Employees' Salaries in Companio Work?
Every month, Companio Work follows a specific process to handle the payment of salaries for employees. Here are the steps involved:
On the 1st of the month, we send a reminder to you, the customer, informing you that you have until the 4th to specify any bonuses you would like to include in the payroll for that month. Additionally, we advise you that the invoice for the salaries of your global employees will be sent soon.
We take bonuses into account, and our dedicated HR team calculates the total costs, including taxes and other relevant factors. They will generate the proper invoices for you to pay, and you can expect to receive them starting from the 5th of each month.
We send reminders for unpaid invoices on the 15th and 20th of the month to ensure timely payment.
Once each invoice is paid by you, we process the payments and notify the HR Manager.
We handle the payment of salaries to the employees and also manage the payment of social taxes to the authorities. We notify the HR Manager once these payments have been made.
Finally, we notify you, the customer, and the employee that the salary and fees have been paid successfully.
On the 1st of the month, we send a reminder to you, the customer, informing you that you have until the 4th to specify any bonuses you would like to include in the payroll for that month. Additionally, we advise you that the invoice for the salaries of your global employees will be sent soon.
We take bonuses into account, and our dedicated HR team calculates the total costs, including taxes and other relevant factors. They will generate the proper invoices for you to pay, and you can expect to receive them starting from the 5th of each month.
We send reminders for unpaid invoices on the 15th and 20th of the month to ensure timely payment.
Once each invoice is paid by you, we process the payments and notify the HR Manager.
We handle the payment of salaries to the employees and also manage the payment of social taxes to the authorities. We notify the HR Manager once these payments have been made.
Finally, we notify you, the customer, and the employee that the salary and fees have been paid successfully.
Updated on: 20/09/2023
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