Expertise

Payroll and Social Insurance Outsourcing

Neccesity

For a company to enhance its competitiveness and maximize operational efficiency, it must create an environment where it can focus on its core business activities. Outsourcing payroll and social insurance management to professional service providers can help companies take a step closer to establishing such an environment.

The companies can prevent legal disputes related to wages, strengthen payroll security, and reduce labor costs associated with payroll and social insurance management by entrusting payroll, social insurance, and labor-related tasks to an external labor law firm with extensive knowledge and experience.

In particular, foreign companies, foreign-invested enterprises, and foreign embassies shall ensure compliance with Korean labor laws while maintaining alignment with their headquarters’ policies. Therefore, professional outsourcing services are essential for managing their HR functions, including recruitment, payroll, attendance and leave management, and social insurance administration.

Strengths

Seungpyeong Labor Law & HR Consulting provides payroll and social insurance outsourcing services for small and medium-sized enterprises (SMEs) across various industries, including IT&software, manufacturing, restaurant business, and clinics and hospitals, serving businesses ranging from fewer than five employees to over 100 employees.

In particular, we assign a dedicated Certified Labor Attorney and a certified social insurance expert as a team to each client, ensuring professional payroll and payslip preparation services. Our comprehensive payroll outsourcing service is customized to meet client needs, covering all aspects of recruitment review, payroll setting and calculation, social insurance management, attendance and leave management, severance pay settlement, and more. Through such services, we help businesses prevent wage disputes, maintain payroll security, strategically manage social insurance, and reduce labor costs.

Key Services
Category Detail
Recruit
  • Review of employment requirements based on company regulations, employment rules, etc.
  • Verification of employment eligibility for foreign workers, including work visa requirements
Payroll
  • Determination of individual wage structures and payroll components
  • Assessment of minimum wage violation
  • Calculation of individual ordinary wages per hour
  • Payroll calculations based on payment methods (monthly, hourly, daily, etc.)
  • Calculation of statutory allowances (overtime, nighttime, holiday work allowance)
  • Management of bonuses, incentives, and other allowances
  • Provide legal advice on wage system modifications
  • Preparation and provision of wage ledgers and payslips
  • Systematic payroll management using specialized payroll software
  • Preparation and submission of bank transfer requests and payment files to banks
Social Insurance
  • Reporting the establishment of a workplace for social insurance registration
  • Filing various reports with the public corporations related to social insurance
  • Calculation and settlement of social insurance premiums
  • Social insurance processing for personnel actions
  • Annual total remuneration reporting to relevant social insurance agencies
HR
  • Support for making employment contracts
  • Daily and monthly management of all attendance-related matters
  • Issuance of various certificates, such as certificate of employment and leave confirmation documents
Leave
  • Calculation of individual annual paid leave and unused leave allowance
  • Preparation and submission of required documents to relevant agencies for employees on leave
Severance Pay
  • Management of the list of resigned employees
  • Calculation of severance pay and provision of a severance pay statement
  • Calculation of retirement pension contributions and estimated amounts of severance pay
  • Preparation and submission of an Employment Separation Certificate upon employee resignation