The payroll domain is dynamic, requiring immediate updates and zero errors. Conditions of employment, social rights and benefits, taxation issues, employer-employee relations, stock-based compensation, employee onboarding and termination, reserve duty, pregnancy, sickness, national insurance issues, work accidents, and more – all these are common day-to-day challenges to which the payroll accountant needs to be highly attentive.

We, at Shimony – House of Finance, uncompromisingly ,keep ourselves constant updated vis-à-vis changing regulation and instructions published by tax authorities, and obligate to update our clients, as we understand that smart implementation of these updates allows maximizing the rights (and benefits) of our clients while complying with regulations requirements.

Our payroll department’s role is precisely tailored to the client’s needs and type of activity, available for all types of businesses, from individual employees to large industrial plants with multiple departments and various types of employees (monthly, daily, hourly, etc.).

Our service can be provided as part of a comprehensive bookkeeping and payroll solution, or as a separate service for companies that have an in-house bookkeeper but seek professional payroll services as an outsourced solution.

The services include salary processing, payslip generation and distribution, managerial reports as per company requirements (pricing, net, liabilities, etc.), monthly and annual reports to tax authorities as per law, routine dealings with insurance agents, etc. In addition, our payroll accountants handle non-legal labor law inquiries (vacations, sickness, compensations, working hours, etc.) and enable direct contact with legal experts as needed.

Over the years, thanks to our professionality and specialization of our payroll department, we have become very well-known as an external payroll processing bureau for executives and management in the most leading and large companies in Israel.