LAKE Payroll Outsourcing Services

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Our Payroll Services Ensure Compliance And Simplify Your HR Processes

We offer customized payroll outsourcing solutions to businesses in Malaysia. Our payroll experts are highly skilled and utilize state-of-the-art payroll technology to handle even the most intricate payroll requirements.

 

No matter if you’re a multinational corporation or a growing small to medium-sized enterprise, PeopleLAKE is equipped to ensure a seamless payroll operation that adheres to all Malaysian laws and regulations.

 

Our Payroll Outsourcing Services

Employer Registration

Enroll the company with relevant authorities, including IRB, EPF, SOCSO, EIS, HRDF, and others.

Payroll Processing

Conduct monthly payroll, distribute payslips, and organize salary direct deposits.

Statutory Submission

Calculate and submit EPF, SOCSO, EIS, HDRF, and Zakat.

New Hires or Terminations

Document and inform statutory bodies about new hires and manage tax clearance submissions.

Year-End Processing

Handle the submission of the annual employer’s Form EA.

Employee Registration

Apply for individual income tax file numbers, and register for EPF and SOCSO.

Payroll Outsourcing Life Cycle

LAKE Payroll

1. Information & Requirements Gathering

  • To understand client’s current payroll policy, benefits and entitlement, current payroll practice, HR resources and etc.
  • To understand client’s requirements in POS engagement

2. Finalization on Scopes, Deliverables, KPIs, NDA and Commercials

  • Discuss and agreed on scopes, deliverables, process, measurements of POS engagement.
  • Commercial Proposal which encompasses scopes, KPI and T&C

3. On-Boarding

  • Collect HR related data such as employee information (employee details , wages, account number…), statutory related information, and etc.
  • Go through and fill up on Payroll Instruction File (payroll file)
  • Conduct parallel run as trial run prior to cross-over
  • Agree on payroll cross-checking, pay slip issuance formation and mechanism.

4. Service Delivery and Quality Monitoring

  • Ensures smooth service delivery of POS
  • Monitoring the accuracy of collection of data, turnaround time, reporting and communication channels

5. Services Review and Improvement

  • Review overall service performance against committed KPI and identify area of improvement as part of continuous improvement drive
  • Conduct brief quarterly/half yearly review, if required 

Testimonials

Common FAQs for Payroll Outsourcing

Payroll outsourcing involves delegating payroll tasks, such as calculating wages, deducting taxes, and issuing payments, to a third-party service provider like PeopleLAKE. This enables businesses to focus on core activities while ensuring accurate and compliant payroll management.



In Malaysia, the service provider takes over payroll responsibilities, beginning with gathering employee data and hours worked. Specialists then calculate wages, deductions, and taxes, issue payslips, and process direct deposits. Throughout this process, the provider ensures compliance with relevant regulations and deadlines.

Yes, payroll outsourcing can be highly cost-effective for businesses of all sizes. By outsourcing, companies eliminate the need for in-house payroll staff and costly payroll software. Expert outsourcing providers help avoid costly errors and penalties associated with non-compliance, ultimately saving both time and money.

If you find managing payroll tasks overwhelming or lack the budget to hire internal staff, outsourcing payroll services can be an excellent solution. By entrusting payroll responsibilities to experts, you can alleviate the burden of payroll processing while ensuring accuracy and compliance with regulations.

PeopleLAKE stands out as a trusted payroll outsourcing partner due to our extensive experience, commitment to accuracy, and dedication to client satisfaction. With a proven track record of delivering reliable and efficient payroll solutions, we offer peace of mind knowing that your payroll needs are in capable hands. Additionally, our personalized service and attention to detail ensure that your payroll processes are tailored to your specific requirements, providing added value to your business operations.

Do you have any questions about our Payroll Outsourcing services? We would love to hear from you.

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