
Drive More Value With
Global Payroll and Compliance (EOR, IC Verification)
Benefits of
Choosing N2S for Payroll (EOR, AOR & PEO)
Cost-effectiveness
Outsourcing payroll processing to experts helps lower costs, reduce administrative workload, and enhance compliance, offering a more efficient solution than in-house management.
Time-saving
Outsourcing payroll saves time and resources, allowing your team to concentrate on core business functions and drive growth.
Accuracy
Payroll processing services enhance accuracy, reduce errors, and ensure compliance with regulations, lowering the risk of penalties.
Compliance
Payroll processing services manage taxes, insurance, and employment laws, ensuring full compliance and reducing legal risks for your company.
Employee benefits
Payroll processing services offer access to benefits such as health insurance and retirement plans, helping attract and retain top talent while ensuring smooth administration.
Scalability
Payroll processing services offer flexibility, allowing your company to scale payroll operations in line with evolving business needs and growth.
YOU MAY NEED TO KNOW
Frequently Asked Questions
What is Employer of Record (EOR) and how does it benefit businesses in the Philippines?
An Employer of Record (EOR) is a third-party service provider that legally employs workers on behalf of a company. In the Philippines, N2S’s EOR services handle payroll, compliance, taxes, and employee benefits, allowing businesses to hire talent without establishing a legal entity.
How does Net2Source ensure compliance with Philippine labor laws?
Net2Source stays up to date with Philippine labor laws, including tax regulations, benefits, and employment contracts. We manage payroll, statutory contributions (SSS, PhilHealth, Pag-IBIG), and other legal requirements to ensure full compliance and minimize legal risks.
What is Independent Contractor (IC) Verification, and why is it important?
IC Verification ensures that independent contractors are classified correctly under Philippine labor laws. Misclassification can lead to legal penalties. N2S verifies contractor status, ensuring compliance with tax and labor regulations while mitigating risks.
How does N2S handle payroll processing in the Philippines?
N2S manages end-to-end payroll processing, including salary disbursement, tax deductions, mandatory contributions, and compliance reporting. We ensure accurate and timely payments to employees and contractors while adhering to local regulations.
Can Net2Source assist with benefits administration in the Philippines?
Yes, we handle employee benefits such as government-mandated contributions (SSS, PhilHealth, Pag-IBIG), health insurance, and other perks, ensuring compliance while enhancing employee satisfaction.
Do businesses need a local entity to hire employees in the Philippines through N2S?
No, with our EOR services, businesses can hire and manage employees in the Philippines without setting up a local entity. We act as the legal employer, taking care of compliance, payroll, and HR administration.
Why should companies choose Net2Source for global payroll and compliance in the Philippines?
Net2Source provides a seamless, compliant, and cost-effective solution for managing payroll and workforce compliance. With deep expertise in Philippine labor laws, we help businesses scale efficiently while ensuring risk-free operations.
Why Wait? Reach New Levels with N2S.
Need a local office? With 34 global locations, we’re always within reach. Looking for a career at N2S? Join our dynamic team and unlock new opportunities. Connect with us on social media! Ready to collaborate? Take advantage of our consulting services and industry-leading expertise today!