This article explore benefits of outsourcing business, HR , Payroll and Marketing services for global companies with specific reference to East Africa Outsourcing payroll services in a new market. (East Africa) Payroll outsourcing is the fastest-growing segment of the global human resource outsourcing (HRO) market. Organizations are rapidly adopting outsourced payroll services to achieve cost reduction, service quality and accountability. They either outsource a single process or the entire services to enhance the existing function. Managing payroll in-house involves high costs. Organizations that maintain an in-house team for tasks such as payroll, time and attendance, workforce administration, and benefits administration spend more time and human resource than organizations that outsource the same functions. Human Resource and Payroll Outsourcing is no longer seen as just a cost-cutting tactic for organisations, it is now being considered as a strategic solution. Why you should outsource payroll services? There are mainly three reasons as to why you should consider outsourcing your payroll services now and in the years to ahead; 1. Cost management. This is the first reason that comes to every business especially companies with global operations, many businesses look to save money in whichever ways they can, and expanding internationally is expensive. It goes without saying that organisations can’t afford to build up necessary Human Resource and Payroll everywhere they operate. Combined with the savings which come from consolidation and automation, and..
Read MoreIncreasingly, organizations and businesses rely in recruitment agencies to recruit top talent for many reasons including; Reach – ability of specialized recruitment agencies to reach more potential candidates Ease of contact –where head hunting is needed, it may be seen as improper for an employer to contact the employee of a competitor directly Professionalism and independence – the need to ensure the recruitment process is professionally conducted without vested interests, bias or favoritism When such need arises, the client may require the recruitment consultant, recruitment consultancy firm/agency or head hunter to do any of the following tasks; Recruit –get a pool of qualified candidates only and leave the client to do the shortlisting and selection Recruit and Shortlist hence send list of shortlisted candidates for the client to do the selection proper Recruitment and selection hence send only the best two or three candidates per position The following are the commonly used approaches that recruitment agencies use identify the best candidates; Oral Interview only Oral interview combined with written tests Oral Interview combined with psychometric or aptitude tests Assessment center where the recruitment agency or firm consultant uses a variety of methods specifically selected to assess specific competencies essential to the job. A good assessment center must be job specific. The range of assessment methods to choose from include In tray tasks Simulated team discussion Technical presentation by candidates on..
Read Moreenables businesses to focus on their core processes and hence cut down unnecessary costs and attain sustainable growth. is currently trending as it’s not only embraced by small organizations but also the large companies. Among the HR outsourcing solutions, is cited as one of the most outsourced HR administrative burdens. It is one of the most labor and time intensive tasks in any business organization. Hence outsourced payroll management is one service that most business owners would embrace cheerfully. Some main reasons why organizations turn to payroll processing companies could be to save on time and cost, embrace security, avoid unnecessary mistakes, and ensure compliance. Payroll management process outsourced only is not always a breakthrough. This is because you’re left behind with numerous reports to prepare for your payroll service provider, which is equally tedious as when you handle your payroll in-house. The best solution is to involve an integrated HR outsourcing service provider who will put in place a strong HR administration system, which includes time and labor tracking. Career options Africa Ltd is a leading provider of integrated HR outsourcing solutions in Kenya, Tanzania, Uganda and Rwanda which includes payroll processing services and salary outsource service among other services. We provide flexible corporate payroll services that improve the quality of payroll management process for employers of all sizes. We handle the time consuming tasks of payroll processing and..
Read MoreA little white lie never hurt anyone, right? Wrong. When it comes to recruitment, being honest and telling the truth is vital from all parties. We've seen what happens when candidates add qualifications to their CV that they don't actually have. We've been asked to go against our values and compromise on employment laws. Being honest and having integrity matters throughout the whole recruitment process. Our principles We pride ourselves in building a great relationship with all of our clients and candidates. Where possible, we like to visit a client at their premises to get a real feel for the company to help us match the right candidates. We also like to meet candidates (a coffee shop is our favourite location!) to get to know the real person and find out what they're looking for in their career. We're pretty good at asking all of the right questions, but equally, we rely on the person on the other side of the table to give us honest answers. Honesty and clients For clients, it's important that we really understand what type of person you're looking for and what skills and qualifications you expect your new employee to have. There needs to be a little compromise when it comes to searching for the right people. There is no such thing as the perfect candidate or the perfect job. Although, we like to..
Read MoreTanzania is a Member of the East Africa Community that includes Kenya, Uganda Tanzania and Rwanda Any Employer is required to be registered as an employer with the following statutory bodies For a start for the business to exist the business must be registered as a Sole Proprietor, Partnership or Company with Business Registrations and Licensing Agency (BRELA). Register as a tax payer with Tanzania Revenue Authority (TRA) Under the relevant law employers are required to deduct pay as you earn tax (PAYE) and remit to TRA by 7th of subsequent month. The lowest tax bracket in Tanzania is taxed at 10% while highest. Employers are also expected to contribute 4.5% if fixed monthly pay for each employee for the skills development levy (SDL) collected by TRA and Managed by the Vocation Education and Training Authority (VETA). Unlike in other countries SDL is not available to employers for on job training. The minimum taxable income is shillings 170,000 with lowest tax bracket being taxed at 9% and highest tax bracket at 30% Have a Business License issued by a Local Authority in the district of operation Register with a Pension Fund as an employer. All private entities are required to register with National Social Security Fund (NSSF) and not any other fund as per the Pension Act Amendment of 2018. Both employee and employer contribute 10% of fixed monthly..
Read MoreThis is one of the most critical functions of the finance department of a business. Sometimes it’s a joint HR and finance function. Payroll management from an accounting or finance perspective is the set of activities related to monthly computation of monthly compensation including salary allowances and benefits of all the employees in a company. Unlike other finance functions payroll processing can be a bulky routine set of activities but very sensitive as it can lead to hefty losses. These reasons are why some businesses seek the services of a reliable outsourced payroll services provider. Outsourcing payroll is not just a cost saving measure but can add to the efficiency in the proceeds by increasing the points of internal controls. Besides, outsourcing helps focus on your core business .Payroll takes up a total of eight-ten hours of employee’s time, every pay period depending with the size of the business. Outsourcing payroll saves valuable employee time that can be devoted to core business issues for improving productivity. In addition, outsourcing payroll eliminates the needs to buy, install, support and reduces the IT labor needed. The software which is hired is of such quality that in no time and effort it helps managing everything which otherwise not possible. Furthermore, outsourcing helps employees prepare and submit own payroll data. Payroll services use software as a service, which delegates to employees the responsibility..
Read MoreWe defined executive search and selection broadly as an entire process beginning with conducting an organizational needs assessment and defining job and candidate requirements, to candidate pools, the decision-making process, managing the executive once on board. Executive search firms in Kenya Uganda Tanzania and Rwanda are specialized recruitment services that find top-level candidates for senior, executive, or other highly specialized positions for clients. Many clients use them to find candidates that may not be immediately identifiable in the market and, essentially, avoid the cost of a bad hire. They have offices in Nairobi, Kampala Dar es Salaam and Kigali Executive search firms act as consultants to their clients, meaning that they are separate entities from the company that is hiring. ... When working with an executive search firm, the hiring manager will only receive pre-screened candidates that meet the requirements of the position. An executive search can take anywhere from four to ten times that long, if not longer. Whether you are on the hiring or candidate side, the longer it takes, the greater the pain you might feel Executive Selection is best where the vacancy could be filled by a candidate who could come from any number of career backgrounds. ... Executive Search is the most effective method of recruiting board directors and senior management, executives and non-executives. Career Options Africa is one of the leading Executive Search..
Read MoreRwanda is a Member of the East Africa Community that includes Kenya, Uganda Tanzania and Rwanda Any Employer is required to be registered as an employer with the following statutory bodies For a business to exist the business must be registered as a Sole Proprietor, Partnership or Company with Rwanda Development Board (RDB). Register as a tax payer with the Rwanda Revenue Authority (RRA) Under the relevant law employers are required to deduct pay as you earn tax (PAYE) and remit to RRA by 15th of subsequent month. The lowest tax rate in Rwanda is taxed at 20% while highest is 30%. The minimum taxable income is RWF 30,001 with lowest tax rate being taxed at 20% and highest tax rate at 30% Have a Business License issued by the Ministry of Local Government. Register with a Pension Fund as an employer. All private entities are required to register with Rwanda Social Security Board (RSSB) Every employee contributes 3.3% of salary as CSR while the employer contributes 5.3% (2% of which represents occupational accident and injury cover). The CSR contributions should be remitted to the RSSB by 15th of the subsequent month. Career Options Africa is a Recruitment, Payroll and HR outsourcing Agency operating in 4 Countries in East Africa i.e. Kenya Uganda Tanzania and Rwanda. Our offices are found in Nairobi, Arusha, Dar es Salaam, Kampala and Kigali..
Read MoreUganda is a Member of the East Africa Community that includes Kenya, Uganda Tanzania and Rwanda Any Employer are required to be registered as an employer with the following statutory bodies For a start for the business to exist the business must be registered as a Sole Proprietor, Partnership or Company with Uganda Registration Services Bureau(URSB). Register as a tax payer with Uganda Revenue Authority (URA) Under the relevant law employers are required to deduct pay as you earn tax (PAYE) and remit to URA by 15th of subsequent month. The lowest tax rate in Uganda is taxed at 10% while highest is 30%. The minimum taxable income is shillings 235,000 with lowest tax rate being taxed at 10% and highest tax rate at 30%. Have a Business License issued by a Council Authority where the business premises are located. Register with a Pension Fund as an employer. All private entities are required to register with National Social Security Fund (NSSF). The employee contributes 5% while the employer contributes 10% of fixed monthly pay including allowances to a pension fund by 15th of the subsequent month. Career Options Africa is a Recruitment, Payroll and HR outsourcing Agency operating in 4 Countries in East Africa i.e. Kenya Uganda Tanzania and Rwanda. Our offices are found in Nairobi. Arusha, Dar es Salaam, Kampala and Kigali We offer the following payroll..
Read MoreKenya is a Member of the East Africa Community that includes Kenya, Uganda Tanzania and Rwanda Any Employer is required to be registered as an employer with the following statutory bodies For a start for the business to exist the business must be registered as a Sole Proprietor, Partnership or Company with the Registrar of companies Register as a tax payer with the Kenya Revenue Authority (KRA) Under the relevant law employers are required to deduct pay as you earn tax (PAYE) and remit to KRA by 9th of subsequent month. The lowest tax bracket in Kenya is taxed at 10% while highest is 30%. The minimum taxable income is shillings 12,298 with lowest tax bracket being taxed at 10% and highest tax bracket at 30% Have a Business License issued by the local council authorities in the County of operation. Register with a Pension Fund as an employer. All private entities are required to register with National Social Security Fund (NSSF). Both employee and employer contribute shillings 200 to the NSSF by 15th of the subsequent month. In Kenya, employers are required to obtain and maintain an insurance policy with an insurer approved by the Government in respect of any liability that the employer may incur under the Work Injury Benefits Act (WIBA) to any of their employees. Career Options Africa is a Recruitment, Payroll and HR outsourcing..
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