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Outsourced Payroll Services

In Singapore

 

Our service fees remain at flat rates even if there are additional payroll elements to be included in the processing. Cloud solution is adopted to achieve cost effectiveness. We are very glad to provide guidance on the mobile app.

 

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Outsource With A Peace Of Mind

Prepare In Compliance with Singapore Employment Act

Employees are the most important resources of any company, so keeping them happy and engaged should be the ultimate goal of every employer. They can do so by ensuring that employees are paid on time, expense claims or leave records are properly maintained, and their needs are prioritized.

Now, with all the many aspects of your business, you might feel overwhelmed with all the payroll requirements. That is why it is best to outsource your payroll process or human resources function in Singapore. At Mighty Glory Corporate Solutions, we take pride in being the leading provider for outsourced payroll services in Singapore.

Payroll Processing

  • Salary calculation on a 7-day, 14-day or 30-day basis

  • Create employee profile for new hire(s)

  • Compute the last pay for resignee(s)

  • Compute gross wages (with overtime, bonuses and other payroll changes) to derive net salaries and CPF contribution

  • Submit CPF contributions

  • Provide payroll reports for accounting purpose

  • Access to Online Payslip Portal

  • Access to Leave Management Portal

  • Access to Online Claim Management Portal

  • Prepare CPF refunds and government statistical forms

  • Apply to declare annual employment income under Auto Inclusion Scheme (AIS)

Per Employee, Per Report *

Below 30 employees ^
SGD 30
Between 30 to 500 employees
SGD 25
More than 500 employees
SGD 18
* Exclude expenses incurred to render the services. Related services, other than those mentioned on the left, are subjected to additional service fees.
^ A base fee of SGD 100 is chargeable for the first 3 employees.

Add-on:

Initial Set-Up Fee (One-Off) From SGD 190 to SGD 500 Per Company
Register for CPF Submission Account (One-Off) SGD 80 Per Registration
Register to Pay Monthly CPF via GIRO (One-Off) SGD 100 Per Registration
Process Expense Claims (if desktop software is opted) SGD 8 Per Employee, Per Report
Arrange Salary Payments via Internet Banking or Cheque From SGD 200 to SGD 500 Per Month
Apply for Claims under Government-Paid Leave Schemes (e.g. GPML, GPCL, NS Pay) SGD 60 Per Application
Prepare Employment Contracts (or Letters of Offer) SGD 120 Per Contract
Apply to Declare Employment Income Under Auto Inclusion Scheme (if we are not the payroll agent) SGD 60 Per Company
Prepare and Submit Form IR21 SGD 150 Per Employee
Prepare and Submit Form IR8A (Without Appendices) SGD 50 Per Employee
Prepare and submit Form IR8A (With Appendices) From SGD 100 to SGD 150 Per Employee

One-Off Assignment Packages

(Payroll Is Not Prepared By Us)

EXCEPTIONAL

(With Appendix A or B) **
SGD138/Per Employee
  • Consolidate Employment income for the Entire Calendar Year (i.e. All Pay Elements, CPF, CDAC, MBMF, SINDA)
  • Prepare Form IR8A (Hardcopy or e-Submission)
  • Collect and Consolidate Details of the Staff Benefit-in-kinds
  • Prepare Appendix A or B (Hardcopy or e-Submission)
** Additional Appendix requires an additional charge of SGD 48 per employee
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Collection

Request for payroll changes from client via email. For example, the details of joinee(s) or resignee(s), bonuses, overtime, commission, expense claims, unpaid leaves, loans and other salary adjustments.

How We Work

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Processing

Consolidate all information for review, analysis and report generation. Review the system work before sending the final report for authorised personnel to review and approve.

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Approval

Send electronic notifications that payslips are ready for retrieval on the agreed payday as the approval is obtained. The details for CPF contribution will be submitted before 14th of the subsequent month.

Why Outsource Payroll Services?

In today’s competitive business landscape, more organisations strive towards finding costeffective and productive systems that allow business owners to maximize their resources. One thing they did is to create a system that enhances their human resources and payroll processes.

While many might assume that managing payroll is simple, it takes a lot of your valuable time. Payroll preparation is a tedious, overwhelming, and confusing task, especially for a nonaccounting professional. If you own a small business and you are trying to do the payroll on your own, the time spent on completing these tasks costs even higher than the estimation.

By choosing the right payroll service provider, you can rely on your outsourced payroll agent to take an entire load of payroll tasks off your desk.

Focus on what you do best and embrace a better way through outsourced payroll services in Singapore!

Benefits of Outsourced Payroll Services

Outsourcing your payroll to Mighty Glory Corporate Solutions adds value to your business. It keeps you focused on the things that matter, and it helps you meet Singapore’s regulatory requirements. Whenever you outsource your payroll service, you reap these benefits:

• Organized processes and simplified administration
• Reduced operational costs
• Increased productivity
• Time-efficiency
• Better work productivity

Why take the risks of confidentiality breaches, late payroll accounting, or incorrect payroll crediting, when you can let the experts handle it for you?

At Mighty Glory Corporate Solutions, we create a system specifically tailored to your business needs. For more details and inquiries, connect with us by calling +65 6677 4258 or writing to welcome@mightyglory.sg.

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FREQUENTLY ASKED QUESTIONS

How long do you need to generate a payroll report?

This depends on the volume of payroll changes or salary adjustments. Typically, the report will be available within 1 to 3 working days. We will ensure that there is sufficient time for review, fund transfer and other arrangements required.

Is there additional charge if the volume of salary adjustments is high?

No, our service fee is fixed at SGD 18, SGD 25 or SGD 30 per employee, depending on the number of headcount per report.

Can we use your bank account to pay the monthly CPF contributions via GIRO?

Sure. But the fund must reach our bank account before we will proceed to submit the CPF contributions.

How does my staff receive his/her respective payslip?

The employee can securely retrieve the payslips for any month from the mobile app or a specific URL created for your company. The staff can also submit the leave applications and expense claims in the same platform.

Can we opt to use desktop payroll software if we hire your payroll service?

Yes, we will respect your decision. We are using Times Software for our existing clients who have similar preference.

If your business has not chosen a system, we will recommend cloud payroll software, especially if your employees always work overtime and leave management is required. This greatly reduces the manpower and paper works required.

Ready To Get Started?