[Guide] How to setup payroll for small businesses

As a Singaporean business, setting up payroll can be complex and confusing – but getting it right is imperative to ensuring your business operations run smoothly. Nailing payroll doesn’t just entail providing accurate and timely payments to employees, you also need to ensure compliance with legal requirements and protect your organisation’s overall financial well-being. In this guide we cover the key steps on setting up payroll:

• Choose the right payroll software
• Gather your business details
• Collect employee details
• Understand statutory rules
• Setup pay categories
• Determine deductions and other variable components
• Setup and maintain payroll documentation
• Process payroll and pay employees

Payroll’s complex even for the best of us, especially when we’re already occupied with business-as-usual tasks. Gain peace of mind with Employment Hero’s payroll management services and let us handle everything payroll-related for you, or DIY it with our all-in-one HR and payroll software full of automated features that allow you to set and forget your payroll processes. Download our guide today.