Payroll Accounting How much do I have to invest in good staff? Your staff is your company's capital. You'll find various statements in management literature, pointing to the importance of human resources. At the same time, you - and many other entrepreneurs - suffer under the burden of non-wage costs that are continually in the cross fire of public debate. When taking all aspects into consideration, a company's payroll is definitely the biggest expense and can easily become problematic. Indeed, rationalization measures frequently begin with reducing staff costs or, in other words, the number of staff members. Payroll accounting is a continual obligation that takes up a lot of staff time. On the one hand, you have to deal with the computations themselves, the actual payments and, above all, the monitoring that goes along with it, including keeping statistics. On the other hand, there are problems concerning labour law, and you have to reach a decision about which corporate benefits, or "fringe benefits", may be included as part of your staff's salary. Lastly, you have to deal with the constantly changing regulations governing social-insurance and labour law. Important issues we tackle: See how you can benefit from our services: Which fringe benefits are there, and what advantages do they have for our company? How much sales does a new staff member in the sales department have to generate? Which employment contract (service contract, work-performance contract) should I choose for new staff members? What kind of payments can I use to best motivate my staff? Which information should a staff controlling yield? What are the advantages of outsourcing payroll accounting to tax consultants? How much is a productive working hour per staff member? Where do I get effective and accepted staff assessment systems? Which deadlines do I have to keep regarding staff social insurance ? Which changes in the social-insurance law apply to me? Which subsidies can I claim for certain new employees? When would it be sensible to carry out the salary transfers via an escrow account of my tax consultant, for instance with executive employees? What do I have to consider when employing foreigners? What do I have to keep in mind when calculating reserves for personnel? Which tips can you give me for external social-insurance and wage tax audits? How can I best make retirement provisions for my staff? How can I save taxes for my staff by giving them remuneration in kind? How do I correctly account for my travel expenses? "Payroll accounting is part of day-to-day operations, but it also offers good opportunities to carry it out to the advantage of both the staff and the company."