The payroll domain is dynamic and requires meticulous attention to constantly evolving regulations. Employment conditions, social benefits, taxation, employer-employee relations, stock-based compensation, employee onboarding and termination, reserve duty, maternity leave, sickness, national insurance issues, work-related accidents–these are just some of the day-to-day challenges payroll accountants must navigate.
Our payroll department offers custom-tailored services based on each client’s needs and scale, from single-employee companies to large organizations with multiple departments and diverse employee types (monthly, hourly, or daily workers). These services can be part of a full-service bookkeeping and payroll package or provided independently based on the client’s preferences.
Our services include salary processing, payslip generation and distribution, managerial payroll reporting (costs, net liabilities, etc.), and monthly and annual tax reporting as required by law. We also handle regular interactions with insurance agents and provide assistance on labor-related inquiries (vacations, sickness, compensation, working hours, etc.), consulting with specialized legal experts when needed. In addition, we offer clients the option to operate through a trust bank account, allowing all payroll-related payments (net salaries to employees, taxes, social benefits, loan repayments, employee expense reimbursements, etc.) to be processed from this dedicated account.
Thanks to our department’s high level of professionalism and expertise, we are recognized as a trusted external payroll processing service for executives and management teams in Israel’s largest companies.