HR & Payroll

The administration of payroll services can be surprisingly complex and challenging. Our HR and Payroll Management Services ensure clients can focus on business strategy while we take care of all payroll management, taxability and other country specific issues. Outsourcing to us will save costs by reducing manpower and infrastructure requirements.

We specialize in taking care of the HR and Payroll functions in Bangladesh and minimize risk of fines, reputational damage or even criminal prosecution that may arise out of a non-compliant local HR function.

SHANKAR DAS & CO. supports this unique payroll capability with leading technology to maximise efficiency and delivery. We have our own solution, consisting of an employee portal, data exchange, and a report function. Our solution allows both HR managers and employees to login to view payslips, record attendance and leave and generate year-end reports on their own.

Our accounting software is hosted in secure cloud servers with daily backups and enhanced security designed to provide the highest level of security for client data and we provide our own secure cloud based File Sharing portal to ensure sensitive data is not transmitted over email.

We provide

Local Payroll Solutions

  • Assistance with employment contracting and ensuring compliance with Labour regulations.
  • Salary structuring and optimization for maximum tax benefits in Bangladesh.
  • Monthly payroll processing including updating changes to employee contracts, variable pay, bonuses, etc.
  • Generating payslips as per specific client requirement
  • Disburse password protected payslips via secure channels to employees or bulk pay slips to HR managers.
  • Prepare tax deposit forms and submission/transmission of tax payments to Government Exchequer.
  • Provide detailed customized payroll reports to HR managers.
  • Generate leaver documentation.
  • Generate year-end reports.

Expatriate payroll solutions

Our expertise with expatriate employment and payroll will ensure your regional and global staff can legally work in Bangladesh while adhering to local regulations.

  • Work permits & visas
  • Local bank account services
  • Expatriate tax management services
  • Hypothetical tax calculation

HR Support

  • HR function outsourcing
  • Executive recruitment services
  • Local provident fund/gratuity fund setup and management

Fund (PF/GF)

  • Provident Fund (PF) Management:¬†Administer and maintain Provident Fund in compliance with Deed of Trust and Rules, Bangladesh Labor Act 2006, Trust Act 1925 and Income Tax Ordinance.
    1. Maintain books of accounts
    2. Provide MIS reporting for trustee
    3. Guiding Trustee for investment
    4. PF loan administration
    5. Preparation of financials for audit and explaining to auditors
    6. Provide balance certificate to members
    7. Processing final settlement of member
    8. Auto distribution/Allocation of Profit to Eligible Members
    9. Attend members query
  • Gratuity Fund (GF) Management:Administer and maintain Gratuity Fund in compliance with Deed of Trust and Rules, Bangladesh Labor Act 2006.

    1.  Maintain books of accounts
    2. Provide MIS reporting for trustee
    3. Guiding Trustee for investment
    4. Preparation of financials for audit and explaining to auditors
    5. Provide balance certificate to members
    6. Processing final settlement of member
    7. Attend members query