Payroll & Compliance
Keep your people on your own rolls and let us run payroll and filings.
Payroll outsourcingYou pick the people. We take them onto Novelworx rolls and manage everything after: onboarding, payroll, PF, ESIC, PT, attendance, leave and exits, through one central HRIS.
Payrolling is an employment model in which a company selects its own workers and a payrolling firm employs them, running their payroll and statutory compliance. Novelworx, a manpower services firm headquartered in Bengaluru, offers payrolling across India as You Hire, We Manage, using one central HRIS for payroll, PF, ESIC, PT, attendance, leave and exits.
Who it's for
People you need for a defined period, without adding permanent headcount.
You can find good people. You don't yet have the team to employ them properly.
Keep your time for the business. Statutory work moves off your desk.
People on informal or mixed arrangements, brought onto proper employment terms.
What's included
Your team, our compliance. One HRIS holds every record.
Employment terms, documents and statutory registrations, done before day one.
Salaries calculated, paid by bank transfer and explained on a clear payslip.
Deducted, deposited and filed on time, every cycle, on a managed calendar.
Tracked in the HRIS, so pay matches what people actually worked.
Resignations, notice and full and final settlement, handled cleanly.
Employee records kept in one place, with a monthly report to you.
How it works
Names, roles, pay and locations of the people you've chosen.
A scope, an SLA and a clear monthly fee structure.
Employment terms issued, documents collected, registrations done.
Attendance in, payroll run, salaries paid, dues deposited.
Joiners, leavers and pay changes handled as they happen.
Performance against the SLA and any changes you need.
How it compares
If you want to remain the employer and only hand over the processing, payroll outsourcing is the better fit.
Payrolling is an employment model in which a company chooses its own workers and a payrolling firm employs them. With Novelworx payrolling, called You Hire, We Manage, Novelworx takes the chosen people onto its rolls and runs onboarding, payroll, PF, ESIC, Professional Tax, attendance, leave and exits through one central HRIS.
The difference is who the employer is. In Novelworx payrolling, the people you choose are employed on Novelworx rolls, so Novelworx carries the employer obligations. In payroll outsourcing, your employees stay on your rolls and Novelworx only processes payroll and statutory filings for you. Both run through the same central HRIS.
The difference is who finds the people. In payrolling, the client selects the workers and Novelworx employs them. In Novelworx Hire & Deploy staffing, Novelworx also recruits and vets the workers before employing and deploying them. In both models, the workers are on Novelworx rolls and Novelworx runs payroll and compliance.
The client does. Payrolled staff work in the client's team and take day-to-day direction from the client's managers. Novelworx is the employer on record. It handles employment terms, salaries, statutory deductions and filings, attendance and leave records, and exits, and reports to the client every month.
Novelworx manages onboarding documents and employment terms, monthly payroll and payslips, bank transfers, PF, ESIC, Professional Tax and TDS deductions and filings, attendance and leave tracking, employee records and exits, including full and final settlement. Everything runs through one central HRIS, so the client sees one accurate record.
Yes, where they are eligible under the rules as notified. Novelworx registers eligible payrolled employees for Provident Fund and Employees' State Insurance, deducts their contributions, adds the employer share and deposits both on time. Professional Tax is deducted in states that levy it, and TDS is deducted on salaries where it applies.
Payrolling makes sense when you have already found the right people but do not want to employ them directly. Common cases are fixed-term or project teams, fast growth that outpaces your HR team, and founders who would rather not run payroll. Novelworx can usually advise on the discovery call whether payrolling fits.
Tell us how many people you've chosen and where they work. We'll return a scope and an SLA.
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