OUTSOURCED PAYROLL
SERVICES IN RIYADH,
& SAUDI ARABIA
Managing payroll in Saudi Arabia can be complex and time-consuming due to the country’s strict labour laws, mandatory GOSI (General Organization for Social Insurance) contributions, and evolving compliance regulations for both companies and employees. Creation Business Consultants provides comprehensive payroll management services that ensure seamless compliance, mitigate risks, and enable businesses to focus on core growth objectives.
WHY CHOOSE OUR PAYROLL SERVICES IN SAUDI ARABIA?
- Full Compliance with Saudi Labour Laws: Stay fully compliant with local regulations, including GOSI, Ministry of Human Resources and Social Development (MHRSD), and other statutory requirements, minimizing the risk of fines, penalties, and reputational damage.
- Time and Cost Savings: Free up your in-house resources by outsourcing payroll, eliminating the need for costly payroll software, HR personnel, and manual processes.
- Accuracy & Efficiency: Professional payroll management reduces errors, ensuring timely and accurate salary disbursements, and social insurance contributions.
OUR COMPREHENSIVE
HR & PAYROLL
SOLUTIONS
- Employee Management & HR Support
We maintain accurate records of employee data, tracking all leave types (annual, sick, unpaid) while also offering HR support, such as issuing salary certificates, drafting bank letters, and addressing HR policy queries.
- Accrual and Payroll Reporting
We provide detailed monthly reports, including gratuity and annual leave accruals, along with comprehensive payroll reports and payslips to ensure clear visibility into payroll costs and employee entitlements.
- GOSI Compliance & Mudad System Registration
We ensure full compliance with local requirements, managing contributions to GOSI and handling payroll registration with the Mudad system to meet MHRSD standards.
- End-of-Service Benefits Calculation
We accurately calculate end-of-service settlements, ensuring all payments align with Saudi labour laws and regulations for smooth and compliant employee exits.
CLIENT SUCCESS
STORIES
Small Business: Retail Shop
- Challenge: A small retail business faced issues with accurate payroll processing and employee benefit tracking, leading to delays in GOSI payments and dissatisfaction among employees.
- Solution: We implemented a comprehensive payroll solution that automated leave tracking, ensured GOSI compliance, and improved payroll processing efficiency.
- Result: Payroll errors were reduced by 30%, employee satisfaction improved, and the business avoided compliance penalties.
Medium Business: Construction Firm
- Challenge: A growing construction firm struggled with payroll processing for employees at multiple project sites, leading to delayed payments and inaccuracies in end-of-service calculations.
- Solution: We streamlined payroll management, ensuring accurate Mudad system registration, timely salary disbursement, and end-of-service settlements.
- Result: Payroll accuracy improved by 40%, and the firm achieved 100% compliance with MHRSD regulations.
Large Business: Multinational Logistics Company
- Challenge: A large logistics company with over 1,000 employees faced difficulties managing complex payroll structures and ensuring GOSI compliance across various regions.
- Solution: We centralized payroll operations, ensuring seamless integration with HR and accounting systems, including accurate leave accrual and gratuity calculations.
- Result: The company reduced payroll errors by 25%, improved processing speed by 30%, and ensured flawless compliance with Saudi labour laws.
HOW CAN
CREATION BUSINESS
CONSULTANTS HELP?
We simplify HR and payroll management, saving you time, reducing costs, and ensuring compliance.
- Free Review: Identify gaps with a complementary HR and payroll assessment.
- Expert Guidance: Stay compliant with advice from UAE HR and payroll specialists.
- Risk Reduction: Avoid errors and penalties with reliable, secure solutions.
- Focus on Growth: Let us handle the details so you can grow your business.
- Contact us today for your free review and see how we can help streamline your HR and payroll processes!
HR & PAYROLL FAQs
GOSI (General Organization for Social Insurance) ensures that employees in Saudi Arabia are covered for social security, including pensions and healthcare. Non-compliance can lead to fines and legal action. Creation Business Consultants ensures your business meets all GOSI requirements.
To initiate payroll processing, we typically require the following documents:
- Commercial registration license, Memorandum of Association (MOA), and Articles of Association (AOA).
- GOSI registration details and authorized signatory information.
- Employee documents such as passport copy, visa, Iqama, and bank account details.
End-of-service benefits are calculated based on the length of service and the employee’s final salary. We ensure that calculations are fully compliant with Saudi labour laws to prevent disputes and guarantee accurate settlements.
Yes, whether you’re an SME or a large corporation, we provide payroll solutions tailored to your specific needs, ensuring compliance and operational efficiency.
We calculate gratuity, leave balances, and other employee benefits, ensuring full compliance with Saudi labour laws. We also handle final settlements with precision, providing clarity and transparency for both employer and employee.
HR & PAYROLL SERVICES MODEL
We streamline HR and payroll processes, enabling compliance and efficiency so you can focus on growing your business.
Expert
Consultation
HR Business
Review & Strategy
Comprehensive HR Services,
Payroll Management & Compliance