When you see our ELSA Talent Solutions website, you will see that we offer Manpower services as well as Payroll services. Many people may wonder how these two services are different. This article will explain to you how these two services may be similar but also different.
At ELSA Talent Solutions, our MANPOWER services cover the entire process of employing a professional. This includes:
- Talent sourcing, screening, and interviews.
- Execution of employment contract
- Visa processing
- Talent mobilization, accommodation, on-boarding, off-boarding, and talent replacement process.
- Management of payroll and mandatory contributions such as insurance, per, socso, etc.
The consultant we hire are professionals who will provide services to our manpower contract clients. This includes short-term contracts (1 – 12months) or long-term contracts (more than 1 year). An example where manpower service could be used is when a company requires a certain expert for a short-term project. Instead of going through the hurdles of hiring someone for the short-term, the company could instead utilize a manpower company that could benefit them by minimizing the cost and time spent on hiring.
On the other hand, our PAYROLL service differ from manpower as it only covers the administrative and compliance functions of paying our clients employees. This service includes:
- Administering payroll.
- Management and payment of employee’s mandatory contributions such as EPF, SOSCO, Income Tax / LHDN, and Insurances, etc.
- Electronic processing and reporting of payslips.
Payroll service could benefit companies by freeing up resources allocated into the administrative and payroll functions, ultimately saving more time, money, and effort.
In conclusion, both manpower and payroll services may have a few similarities, but they are two different types of services with different benefits.
Send us an email to talent@elsa.com.my for a free consultation with us to find the best solutions to your recruitment or HR challenges.