BMS Auditing can provide complete payroll processing services to our clients. We adapt our payroll services to fit your unique needs regardless of the size of the client, number of employees and complexities of your payroll.
Below are some of the list of services under our Payroll service package.
Some of the advantages of outsourcing payroll services are:
Wages Protection System (WPS) is an electronic salary transfer system that allows institutions to pay workers wages via banks, bureaux de change, and financial institutions approved and authorized to provide the service. The system, developed by the Central Bank of the UAE, allows the Ministry of Labor to create a database that records wage payments in the private sector to guarantee the timely and full payment of agreed-upon wages. The WPS covers all institutions registered with the Ministry across all sectors and industries and will benefit different categories of labor. (Source: Ministry of Labor)
End of service gratuity in UAE is an amount every employee is entitled to receive from his/her employer once the employment comes to an end. This is governed by the UAE labor law.
Different factors such as current basic salary, duration of employment, type of labor contract, dismissal or resignation will have to be considered while calculating the End of Service gratuity pay.
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