Salary and Welfare Management
Supports multiple salary policies, benefit policies, and multi-region pay cycles...
Contact USOr call directly: 400-8048-819
A company's compensation and benefits system is vital to its development. Vanguard's payroll & benefits management consists of two sub-modules—salary management and benefits management.Salary refers to legally earned wages and bonuses. Benefits fall into two categories: company-provided (supplementary medical, paid leave, allowances, etc.) and legally mandated (insurance, etc.). Vanguard provides unified management for both.
Salary Management: A core eHR module covering salary policy, salary and individual income tax calculation, review, payment, reports, adjustments, policy/formula/grade setup, approval, payslips, tax forms, bank transfers, data import/export, and financial interfaces.
Benefits Management: An important module covering social insurance setup, calculation, and management. It supports configuring "Five Insurances and One Fund" bases and ratios per national/regional rules (some enterprises have more), multiple benefit policies, management for different regions/categories, and handles withdrawals and supplementary payments.
Suitable for both intelligent management of simple payroll & benefits and diversified management of complex multi-account payroll & benefits.
With the payroll & benefits module, enterprises can achieve automatic payroll and employee self-service queries, saving HR effort and greatly improving efficiency.
■ Set salary rules and calculation logic via one or multiple payroll groups;
■ Multiple groups can define different salary items, formulas, and cycles;
■ Assign payroll groups individually or in bulk for new or transferred employees with auto-matching.
■ Calculate salary, tax, and benefits via payroll group matching logic;
■ Control total payroll for HQ oversight of subsidiaries;
■ Historical reports analyze salary data for any time period.
■ Integrates with attendance, performance, training, and finance systems for automatic data retrieval;
■ Individual income tax interface connects with the Golden Tax System Phase III for automatic deduction and filing;
■ Available on PC, App, and tablet for employees to check salary details anytime.
Payroll and benefits calculations involve many departmental, regional, and job-type differences, requiring significant HR time and effort.
The HR management system frees HR from this, simplifies calculation processes, ensures payroll and benefit accuracy, and improves employee experience.
■ Payroll and benefits involve many calculation details and complex formulas;
■ Cross-city or cross-country policies differ greatly and require multi-party consideration;
■ Diversified payroll calculation poses a major challenge for HR.
■ Enterprises with many branches must consider more regional issues;
■ Payroll and benefits involve multiple approvals and repeated confirmations;
■ HQ must review subsidiary payroll data; corrections take long.
■ Many enterprises have internal payroll confidentiality policies, requiring frequent document management by HR;
■ Approval, review, signature, and stamping involve many steps; manual tiered management is troublesome;
■ HR frequently handles employee salary detail inquiries, adding heavy workload.
The payroll & benefits management system is a mature module of Vanguard's eHR system,
mainly handling enterprise salary and insurance benefit calculation and distribution,
helping enterprises perform one-click intelligent calculation and payment via single or multiple payroll/benefit accounts,
helping HR avoid errors in salary, bonus, and benefit calculations, improve efficiency, and shorten business processes...
For detailed product introduction, applicable scope, and success cases,
enterprises and individuals with payroll & benefits management needs are welcome to contact Vanguard
to discuss more strategies and solutions for HR digital transformation.
You can reach us via:
■ 1. Call: 400-8048-819;
■ 2. Email: July.pan@vgtech.com.cn;
■ 3. Click the blue button below to contact a Vanguard consultant or request a demo;
■ 4. Click the "Consultant Card" on the right for WeChat and phone contacts.
Please tell us your specific needs and pain points.
We will arrange a pre-sales consultant matching your needs
to create a new HR digital-intelligent solution suitable for your enterprise.
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