Konnekt Payroll
The Recruiter Who Learned to Run Your Books
Konnekt is arguably the most recognised recruitment brand in Malta, and its payroll arm is a natural extension of that market position. Having placed candidates across virtually every sector of the Maltese economy for two decades, the firm developed an intimate working knowledge of local employment contracts, statutory notice periods, probation rules and the practical realities of onboarding foreign nationals. That knowledge is what underpins the payroll service, and it is a genuine differentiator: the team is not simply processing numbers, it understands the employment relationship that generates them.
The service is best suited to small and medium-sized employers, foreign companies establishing a first Maltese presence, and scale-ups that are hiring quickly and need payroll to keep pace. Konnekt handles the full monthly cycle, including FS3 and FS5 preparation, social security contribution calculations under the Class 1 schedule, statutory bonus and weekly allowance payments across the four annual payment dates, and the treatment of fringe benefits under Maltese rules. Employers using the highly qualified persons rules, the expatriate reduction or other incentive schemes will find the team comfortable with the documentation these require.
Where Konnekt is particularly strong is in the bundled proposition. Clients who are already recruiting through the firm can move a new hire from offer letter to Jobsplus engagement form to first payslip without changing supplier or re-explaining the employment terms. For a company opening in Malta with no local HR function, that continuity has real operational value. The trade-off is that Konnekt is not a specialist payroll technology vendor, so organisations wanting deep self-service portals, complex multi-entity consolidation or highly configurable reporting may find the platform layer lighter than a dedicated payroll software provider would offer.
Key Features:
- Full monthly payroll cycle with FS3 and FS5 statutory reporting
- Integrated recruitment-to-payroll onboarding including Jobsplus engagement forms
- Expatriate and work permit payroll support for non-EU and EU hires
- Statutory bonus, weekly allowance and leave entitlement administration
- Guidance on Maltese tax incentive schemes and fringe benefit treatment
- Advisory access to employment market and salary benchmarking data
Why I Picked Konnekt Payroll:
I included Konnekt because very few payroll providers in Malta can speak with authority about both the hiring market and the statutory filing calendar, and that combination solves a real problem for companies scaling headcount fast. For a foreign employer setting up a first Maltese entity, having recruitment, onboarding and payroll under one roof removes a genuine coordination burden. I would steer clients toward a specialist platform instead only if they need sophisticated multi-entity payroll technology.