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According to the Employment Act, salary for your employee must be paid within 7 days after the end of the salary period and 14 days for overtime work. Upon failure to comply with this rule, companies will either be penalized or will be held responsible for an offense under the Employment Act.
Salary payment to employees has become one of the most important task for all businesses. We understand how complicated and time-consuming it can be, due to additional elements which comes under payroll such as; benefits, allowances, deductions, government remittance, etc. Therefore, choosing the right partner to assist you in the payroll process can be extremely important.