Item

Description

Accruals

Accruals for 13th or 14th month salaries, christmas bonuses, vacation, severance etc.

Allowances

Allowances paid to employees, which may be taxable or non-taxable.

Background screening

Background screening checks during employee onboarding.

Bank fees

Local bank fees for processing payments.

Benefits

Employee benefits including medical and life insurance, and pension.

Bonus / Commission

Bonus and commission payments, including signing on bonuses.

Expenses

Expense reimbursements, which can be either taxable or non-taxable.

FX uplift

FX rate cushion to absorb adverse rate changes, reconciled periodically.

GX monthly fee

Fixed monthly fee for GX services.

Late payment fee

Fees and penalty interest for late payment of invoices.

Offboarding

Termination costs for ending employment.

Off-cycle fee

Fee for processing employee payments outside standard payroll cycle.

Other fees

Sundry fees covering, for example, legal and professional costs.

Payroll Processing

Country-level costs to run compliant employment and payroll.

Salary

Employee salary.

Social contributions

Employer social contributions.

Sponsorship / Immigration

Visa and work permit sponsorship and immigration costs.

VAT / GST

Applicable taxes levied at country-level.