Why Professional Payroll Management Matters

1. Mitigate Legal Risk
   With ever-evolving Israeli labor and tax regulations, even small errors in pay rates, national insurance (Bituach Leumi) contributions, or overtime calculations can trigger penalties. Our compliance checks ensure you meet every requirement—from minimum wage rules to vacation accruals.

2. Build Employee Trust
   Accurate and on-time pay builds morale and reduces turnover. A single miscalculated paycheck can damage confidence and distract your team from what matters most.

3. Control Costs & Improve Transparency
   Beyond processing, we audit every line item—salaries, benefits, bonuses, taxes, and deductions—to reveal true payroll costs. You’ll see exactly how much each employee costs you and discover opportunities to optimize.

Our Comprehensive Payroll Suite

1. Licensed & Insured Payroll Processing

• Monthly payroll runs, payslips, and statutory filings

• Secure handling of confidential employee data

2. Payroll Auditing & Compliance Checks

• Review historical payroll data for errors or omissions

• Validate tax codes, social contributions, pension deductions, and vacation pay

3. Payroll Cost Reporting & Affordability Analysis

• Break down total labor costs by department, role, or project

• Determine how many employees you can sustainably support under current budgets

4. Customized Dashboards & Reports

• Interactive dashboards showing payroll costs vs. revenue

• Alerts for abnormal trends (spiking overtime, unused leave liabilities)

5. Improvement Roadmaps

• Practical recommendations: renegotiate benefit costs, optimize shift schedules, and implement self-service payroll portals

Our Process: From Big Picture to Line Item

1. Data Gathering: We collect your payroll files, contracts, and invoices.

2. Audit & Analysis: Every payslip goes under the microscope—calculating impact of taxes, benefits, and deductions.

3. Compliance Review: Cross-check Israeli labor laws, collective agreements, and social insurance rules.

4. Cost Breakdown: Quantify each expense’s contribution to your bottom line and flag areas for 5–10% in savings.

5. Action Planning: We deliver a clear roadmap and work with you to implement changes.

Why Healthy Finances?

• Local Expertise: Deep knowledge of Israeli payroll regulations and best practices.

• Integrated Approach: Payroll sits at the intersection of HR, finance, and operations—we coordinate across every department.

• Risk Reduction: Licensed, insured, and backed by rigorous quality controls.

• Tangible Results: Clients typically recover overpayments and optimize labor costs by 10–15% within the first audit cycle.