It is indisputable that regardless of the type of industry people are the most important resource of a business. To retain the employed specialists who guarantee the quality of products and services, companies should constantly stimulate their motivation. It is a very complex matter. One of the elementary factors affecting the willingness to work and causing the employee to identify themselves with the employer, is a well-functioning HR and payroll system which contributes to the employee feeling sure of their rights, benefit entitlements and contributions paid by employer.
The system of HR and payroll is a very complex aspect of the operation in each business entity. Its complexity and the necessity to constantly monitor the legislative changes cause that companies often separate this area from the traditionally understood accounting by dedicating a separate team to service this area of the company’s activities. Many companies opt for outsourcing HR and payroll.