Tax Efficient Salary Structure - 10/10 Legal.
Compensation has always been a competitive advantage to attract & retain talent and more so in 2021 when talent costs are skyrocketing. Employers are expected to balance the needs of their employees (paying lower taxes, more take home) while ensuring control over liabilities, retirals, administration and 100% compliance.
Relativity’s team of payroll and tax professionals assess all the options of not just salary but the whole gamut of Comp & Ben for a tax efficient & optimized salary structure.
After understanding the pay structure & heads, our experts in line with all the acts in force, suggest necessary changes based on your objectives and broader industry practices. So, whether you are just starting up or have 3000 employees, Relativity’s Salary restructuring is a go-to solution for a legally compliant, tax efficient salary structure.
Undertaken by a senior team credited with 200 man-years of experience with 100’s of satisfied projects.
Nothing is worth non-compliance & our understanding of a multitude of central and state laws ensures this.
We can assist you with selecting capable vendors for execution of the revised compensation & benefits plan.
Apart from Salary Restructuring, we can also manage implementation of the changes in your organization.
All regulatory changes up to 6 months are supported to ensure compliance.
Throw the guess work away & be impressed with our data driven and logical approach, which are second to none.
What all we do?
Purpose and Analysis of Existing Salary structure
Study of Existing C&B policies
Objectives and Goals of Salary Restructuring
Gap assessment with baseline controls
Gap assessment with organizations demographics
Recommendations of Revised structure
Framing Standard Operating Procedures
How we engage?
Salary Restructuring as a Service
Salary Restructuring (C-B-S) workshops
Comp & Benefits Audits
Why Choose Relativity?
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