Employee Resource Management/Temporary Staffing Solution for Banking & Finance Industry

Paysquare provide costeffective temp staffing solutions/PEO (Professional employer organization) co-employment, EOR (employer of records), resource managementservices to banking and finance industry. When the clients hire Paysquare for these services, they work just like company’s own HR Department and look after temp employee documentation and other things.

    Overview of Temporary Staffing Services

    Reliable, and cost saving banking and financial Human Resource Management Services (not recruitment) that helps clients in fully administering their employee benefit plans.

    Paysquare offer dependable banking and finance temp staffing solutions to organizations that lack the necessary infrastructure or the inclination to perform the tasks.

    Paysquare offers Resource Management Services (Not recruitment and hiring) which include assisting clients in placing employees on their payroll and fully administering employee benefit plans for such employees. We at Paysquare handle the rest including migration, sharing CTC breakup, issuing offers, joining and onboarding, payroll operation, attendance input collection, payroll processing, leave management system, exit, process contact, and other stuffs.

    We provide works across several industry verticals, catering to the needs of leading names in the BFSI, Consumer Durables, Retail, Telecom, Chemical, Manufacturing, e-commerce, Pharmaceuticals, and healthcare sectors.

    We provide effective and ground level resource management solutions to Banking and Finance sector for meeting their temp staffing needs that lead to cost savings and enhanced productivity. We provide end-to-end HR management for bank employees including manager, recovery agent, on field staff and take care of their all-documentation services from providing offer letter to exit.

    Benefits of Temporary staffing solution for Banking & Finance Industry

    Temporary staffing solution & service providers offer valuable experience to temp staff

    It has been said many times and will be told many more times that the end-to-end quick temp staffing services for banking and finance provide precious experience to people who work temporarily. This essentially means that they can gain insider knowledge of an industry in a short period, allowing them to gain more experience.


    Lower the administrative burden

    In India, organisations must abide by a slew of laws, including minimum wage, gratuity, ESIC, and PF, to name a few. Temp Staff solution providing companies and agencies like Paysquare relieves the burden of all administrative tasks by serving as a single point of contact for all the needs.


    Enabling our clients to outsource their temporary staffing requirements


    Why Choose Paysquare as Your partner?

    Paysquare is a recognized leader in providing payroll outsourcing, accounting outsourcing, and temp staffing solutions for financial services. Paysquare has consistently ensured accuracy in payroll management and helping clients place their staff on Payroll across its engagements through the help of a core team led by highly qualified professionals and experts. This leads to enhanced productivity for the clients by combining the right people, tried-and-true processes, and appropriate technological investments. From Migration, Joining & onboarding, Payroll Operation, Query Resolve System, to exit Paysquare does everything in enabling clients to outsource their temporary staffing requirements. Paysquare, armed with cutting-edge technology and domain experts, provides best-in-class seasonal employee service management solutions in the HR and finance domains. There are numerous benefits of using Paysquare services like


    All employee HR benefits administration taken care of by Paysquare


    CTC based Salary statement for each employee


    Details of retained amounts per employee


    Details of Salary register

    India’s Best BFSI Temporary Staffing Solution

    Providing cost saving temporary staffing solution to banking & finance industry.

    Over the last five decades, the Indian Banking, Financial Services, and Insurance (BFSI) sector have undergone incremental changes.

    In the BFSI sector, technology is redefining services and customer experiences. As a result, banks and insurance companies have been forced to hire Temp Staffing services for the banking industry.

    BFSI firms and corporations are increasingly outsourcing non-core activities to reduce indirect costs. They are now more confident in hiring temporary and contractual staff. The companies providing employee resource management solution enables clients to outsource their temporary staffing requirements like Migration, Joining, on boarding, Transition, Help Desk, Leave Management System, Exit etc.


    The most valuable service that we get from you is “peace of mind.” I know that once I…

    Parameshwer Matla

    Human Resources


    We would like to take this opportunity to thank you for your continual support till date!

    Ramakrishna Dabbara

    Sr. Manager – Finance


    We have successfully completed the go-live for Altra India Payroll.I would like to…

    Abhijeet Shete

    Senior Manager


    We are very impressed with Paysquare team due to their ability to process payroll…

    Ratnakar Dhakad

    Senior Operation Manager


    Honestly , It has been an amazing experience working with Payroll team as on date…

    Monica Shah

    HR Business Partner India


    I have been a client of Paysquare for 7 years and their services are fantastic. Migration from the old…

    Seagate India


    Delivering Exceptional Experiences

    Frequently Asked Questions

    What is Payroll Company?

    Every business, small, medium or large needs to process salary payments (payroll) to its employees. This process of doing the entire payroll calculations including tax deductions applicable and the end to end process of managing all the filing and compliances related to the payroll is called payroll processing. A company that offers payroll processing as a service is typically called payroll company. A payroll company make it easy for small, medium u0026 large businesses to streamline their business operations. Paysquare is a leading payroll company in India, which helps organizations in end to end payroll processing. From payroll calculations to tax deductions to finalizing bank files for depositing employees’ salary directly to their bank accounts, Paysquare does it all. Along with all this, Paysquare also provides web based access to employees and HR admins, where they can access their payslips and tax related information through secure logins.

    What are the features of Payroll Outsourcing company?

    Payroll outsourcing companies help you to improve productivity by saving time, efforts and costs incurred for carrying out payroll operations in-house. Payroll outsourcing companies have a wide range of payroll specialization for different industries, like for e.g. some organizations offer flexible savings accounts, or retirement account options, and some provide specific tax saving proposals, insurance payments helping the business owner to deliver efficient payroll through better productivity.

    Improved efficiency of employees

    Payroll outsourcing companies process the payroll day in and day out with the high availability of expert pool and better awareness of technical and legal norms. Efficiency is achieved by outsourcing to specialized payroll experts ensuring timely and accurate payroll processing.

    Accurate tax returns filing

    Tax returns are filed accurately and on time to ensure that there are no compliance related issues. Cost savings is one of the major benefits delivered by payroll outsourcing companies. High penalties can be avoided by making sure that tax returns are filed on time and accurately.

    Using best of technology

    Payroll outsourcing firms use latest and advanced software programs for payroll processing, tax computation for minimizing errors and delays. This ensures high degree of automation in the entire payroll processing process and ensures that manual errors are minimized or eliminated.

    Kick-Start Your Payroll Outsourcing Journey With Us.

    Let us sit together for a quick walk through of the payroll and HR solutions, we have on offer for you.