4 Remote Payroll Challenges Every Employer Needs to Know

BANGKOK - April 20, 2022 - PRLog -- Reliance Consulting, a leading payroll services provider in Thailand, shares employees' challenges when dealing with a remote payroll system.

There are many benefits of freelancing, including freedom, flexibility, and working from anywhere. As freelancing becomes a popular career option, many businesses are looking into outsourcing their talents globally.

But while doing so offers flexibility and convenience, it also opens up a world of challenges, especially concerning payroll.

Some challenges include:

1. Under or overpaying employees

One of the main challenges that companies face when it comes to payroll is how they can accurately calculate salaries for their employees. Calculating wages depend on the industry and country.

Freelancers may be paid either hourly or for every task completed. Meanwhile, the rates must be communicated appropriately to ensure that both employee and employer are not taken advantage of.

2. Observing deadlines

The deadline for salaries of freelancers is often not met, which can lead to problems. This may be due to miscommunications, late payments by clients or delays in the payment system.

It is advisable to communicate dates and invoices ahead of time to minimise or avoid any situations of missing payroll deadlines. Both the employee and employer should be aware of the process to avoid missed payments.

3.  Keeping records

Payroll and tasks logs are essential for freelancers to avoid salary problems. Employees who do not keep records of their work and tasks are more likely to be taken advantage of by employers because they don't know how to calculate their paychecks.While employers may track tasks, freelancers should also complete records of their jobs.

4.  Keeping updated with employment laws

Freelancers do not follow the same laws covering full-time employees. However, freelancers still need to know about employment laws and regulations that apply to them as they are working independently.

They need to observe changes that may affect them, like proposals to the tax system, changes in the work environment and benefits covering freelancers.

Freelancers might not be aware of payroll-related problems they might face in the future. The reason is they are not directly involved in the payroll process. Many freelancers brush off payroll-related situations due to miscommunication.

However, they need to be aware of these problems as it will help them stay on top of their finances and avoid any financial pitfalls that they might encounter.

Reliance Consulting (https://www.relianceconsulting.co.th/) is one of the country's top payroll management services providers. They help local and international companies create a payroll system that overcomes these challenges.