Management of staff compensation
Foreign investors wishing to settle in Senegal or in the OHADA zone are often preoccupied with the management of their local or foreign staff.
The success of such management necessarily requires a good knowledge of the laws and regulations of the target country, but also a perfect mastery of the operating rules of their social institutions.
The firm SOW & Associés, through a pro-active approach, provides these companies with a staff compensation management service consisting in carrying out all the acts necessary for the establishment of a payment system compliant with local legislation.
To this end, the firm SOW & Associés supports among other things, the calculation of the payroll, the registration with social institutions such as the pension scheme and the Social Security Fund, the calculation of deductions to the source, determination of wages in case of leave etc.
Main areas of intervention
- Establishment of salary slips
- Compensation calculation (dismissal, retirement, seniority, etc.)
- Affiliation and follow-up of files with social institutions such as the IPRES (Social Insurance Institute and the Social Security Fund) and the CSS (Social Security Fund).
- Calculation of source deductions
- Payment of taxes to the tax authorities