Payroll Outsourcing Services & MPF Contribution Calculation

Payroll Outsourcing Services & HR Administration

 
  • Payroll
    Best in class payroll solution

Payroll refers to the list of employees that receive compensation from their employer for their services rendered. In Hong Kong, payroll is typically processed on a monthly basis and takes into consideration various factors of an employee’s employment to determine the total compensation they are entitled to receive – this process often takes more than a week to process.   Unfortunately, matters relating to payroll and HR administration are time-consuming tasks that require a significant amount of the company’s resources. Instead of performing these tasks in-house, engaging a professional HR service provider who can provide payroll services is a common alternative for start-ups and SMEs.   FastLane HR can manage your essential payroll related activities on your behalf, thus letting your staff focus on revenue-driving activities. Regardless of the extent of your outsourcing needs, FastLane HR will provide you with top-quality, fully managed payroll and HR administration services in a professional manner.  

We offer the following comprehensive range of HR services:

Payroll Services

  • Payroll calculation
  • Salary arrangement
  • Employees’ expenses reimbursement
  • MPF contribution calculation for employer and employees
  • Payslips creation and distribution
  • Monthly payroll report

Payroll solution Human Resources Administration and Support

  • Employee Compensation Insurance (ECI) enrolment
  • Mandatory Provident Fund (MPF) enrolments
  • Employees’ medical insurance schemes enrolments
  • Maintenance of employees’ personal records
  • Leave records management
  • Employees’ onboarding and offboarding
  • Employment regulatory advisory

Hong Kong Salaries Tax Advisory

  • Prepare and submit Employer’s Tax Returns
  • Prepare and submit Employee’s Individual Tax Returns

Get A Free Quote Now!


4 Reasons Why Should You Outsource Your Payroll to us?

Time-Saving
Payroll accounting is a time-consuming process. Firms who do not have a dedicated payroll system will find this process complicated when taking into account factors such as benefit deductions, garnishments and leave management. Our payroll services frees up the internal resources of a business, allowing them to work on more strategic tasks that could ultimately affect their bottom line.
Repetitive tasks will no longer require hours being taken away from a company’s key management. Instead, employers only need to make contact with their payroll services provider by approving time once each pay period!
Cost Reduction
Unlike start-ups and SME’s, big businesses can afford to maintain robust payroll departments. As such, the direct costs associated with managing a payroll system can be greatly reduced by engaging a professional firm for payroll services. If your business has fewer than 30 employees, there’s a strong chance that you can save money by engaging our team!
To understand the scale of how FastLane HR’s payroll services can help your business minimize expenses, we recommend examining your payroll software to determine how many labor hours your business is devoting to payroll-related activities and compare it to the plans offered by FastLane HR and other payroll service providers.
Innovation
Our team at FastLane HR are experts when it comes to the use of cloud-based HR systems to enhance a company’s operational efficiency. With the ability to utilize our intuitive HR systems from anywhere in the world, our clients are able to seamlessly manage their numerous cloud-based HR solutions such as E-payslip generation and distribution, expense systems and talent management.
Expertise
To the extent that a company’s HR team is not familiar with local employer regulations, they run the risk of non-compliance. Unfortunately, most business owners and HR staff don’t have the time to research and study Hong Kong’s constantly business evolving regulations. By engaging FastLane HR’s payroll services, a small business can take advantage of the resources and expertise that was previously available only to big companies.
Outsourcing these responsibilities to a professional team well versed in these matters can alleviate concern and provide a greater peace of mind. Confidentiality may also play a role when it is preferred that payroll details are not disclosed to internal staff members associated with HR. 

Other Services

Visa Application

Visa Application

  • Work Visa
  • Training Visa
  • Visas for dependents
More
HR Support

HR Support

  • Creation of company-specific HR manuals
  • Continuous updates for compliance with Hong Kong statutory employment requirements
  • Full record keeping of leave and illness
More