We manage efficient payroll cycles, reduce risks and overheads. Effectively evaluate workforce resources and reporting.
For over 12 years we have served many businesses in Trinidad and Tobago.
- Experience in both local and regional payroll processing.
- Regional payrolls include Barbados, Grenada and St. Lucia and Guyana
- Maintain accuracy and timelines of all aspects of payroll processing including calculation and tax reporting
- ACH and wire transfers disbursed in the different local and regional currencies and emailing of employee payslips
- Remittance of statutory payments on or before the due date to the relevant Statutory authorities.
- End of year reporting to employees and Statutory authorities
There are several benefits to outsourcing your payroll with us:
Cost savings – The cost of in-house payroll processing will provide you with more efficient use of time and resources.
Resource Management – The key benefits of outsourcing the payroll function include reducing your staff resources and responsibilities to concentrate on more essential tasks. The separation of this function also removes the risk of confidential information leaking while increasing accountability and competency from a specialized outsourced vendor.
Training – Outsourcing reduces the expense of in-house staff with the necessary training to operate a payroll system. It also frees staff to concentrate on other core roles. It will not be mandatory for your staff to keep up to date with the latest tax procedures and legislation.
Experience – Certain types of employment can lead to complicated payroll structures with different classifications and dynamic changes from statutory or collective bargaining agreements. EARL’s payroll services will be knowledgeable to navigate all payroll-related tax laws and latest government legislation.
Speed – As payroll service providers are specialists, EARL can process even the most complex payrolls at a great speed, providing a quick turnaround time on your payroll when required with the focus to maintain technology, trained personnel and financial management as priorities.
Accuracy – Payroll mistakes can be painful, upsetting and stressful. EARL’s payroll professionals are experienced, resourceful, knowledgeable, and ensure all internal controls are adhered to
Reliability – In-house payroll activities function as reliably as the people doing the work. With a payroll service, output, speed and quality won’t vary in accordance with holidays and sickness. You would not have to spend time training new staff or helping them to understand the internal payroll system.
Flexibility – With our outsourced solutions, our payroll package is flexible to meet your specific business model and all key requirements can be accommodated.
Compliance – Because regulations change constantly, often many times throughout the year, it may be difficult for your payroll team to stay on top of all of these changes. EARL’s payroll team understands tax law and they keep up with the rules, regulations, and changes in tax law.