Startup payroll management is an outsourced HR operations service where the provider collects monthly attendance, joining, exit, salary, reimbursement and deduction inputs, processes payroll through software or structured sheets, generates payslips and reports, coordinates statutory inputs with the client or compliance consultant, and earns through monthly retainers or per-employee pricing.
Investment
₹1.5 lakh to ₹12 lakh
Profit Margin
20% to 45%
Break-even
6 to 12 months
Risk
Medium
Time to Start
30 to 60 days