International payroll management cannot be summarised into one easy fix calculation. Payroll calculation is complex and labor laws and practices differ from one country to another. Some countries are in favor of social balance rather than employee-oriented. Labour laws are equally strong and collective agreements protect labor relations.

Payroll calculation

In Malaysia, their EPF contribution differs from age group and salary bracket equates to different contributions from employees. If you are below the age of 60 and your earnings are up to RM5,000 contribution from an employee is 13% whereas salaries above RM5,000, employee’s contribution is only 12% There is also a mandatory zakat (alms) deduction for Muslim staffs.

As for Singapore, CPF contribution for an aged group below 55 is 17% from employees regardless of earnings per month, and Muslim staff can opt to contribute to the Mosque Building Funds

Elsewhere in Vietnam, there are several taxes and deductions to be calculated such as Social Security Insurance, Trade Union Levy and Personal taxes ranges from 5 -35%, similarly in Philippines wages have several monthly mandatory deductions such as SSS, Philhealth, HDMF and withholding taxes.

Close up detail of professional serious accountant sitting in light office, checking company finance profits on calculator Free Photo

Other weighing factors

More than 50% of the world’s population lives in the APAC region. Various languages are spoken and exchanged daily. The exchange rate differs from one country to another.

How do you stay competitive as a company? How can you attract buyers/sellers from Western countries? And at the same time translate that transformation to local languages? What if you have more than 1 entity to manage? What kind of solutions does your company require.

Different language speech bubble hello concept Free Photo
Cadena HRM software support a multiple-languages interface

Digital Transformation

We can all agree that COVID-19 had disrupted many facades of lives and businesses. It had become a catalyst for a digital transformation in how we look at businesses and connectivity. It had accelerated the process from brick-and-mortar companies to click and order.

Globalization pushes our business to reinvent ways how we manage payroll, staffing, time attendance, leave management, and employee self-service. Companies continue to find the perfect marriage of affordability and quality HR Software solution provider

Companies adopting SAP solutions as a software-as-a-service (Saas). The cloud base platform is deemed more attractive as it is easily accessible anyway and makes collaboration more attractive.

Computer technology isometric icon, server room, digital device set, element for design, pc laptop Free Vector
Cloud Software is the future of HR

At Cadena International, we understand the challenges that lie ahead of the pandemic/endemic situation, we recognized the different requirements and needs of an organization to run smoothly like a good oil cog machine.

Here’s why we are leaders in our industry.

We have more than 20 years of experience of collaboration in S.E.A, we understand the various labor laws and payroll management from each country.

You can view the data and user interface in multi-language e.g., Malay, Thai, Khmer, Vietnamese

Easy link for payroll reporting to various government agencies.

www.tembo-pay.com ww.cadena.com.sg www.cadena-hrmseries.com | ASEAN Payroll and HRMS software on the cloud by Cadena International