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- Dictionarypayroll/ˈpeɪrəʊl/
noun
- 1. a list of a company's employees and the amount of money they are to be paid: "there are just three employees on the payroll"
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Jul 6, 2024 · Payroll is the compensation a business must pay to its employees for a set period and on a given date. The payroll process can include tracking hours worked for employees,...
Jun 14, 2024 · Payroll is defined as the process of paying salary to the employee of a company/organisation. It starts with preparing the list of employees to whom salaries must be paid and end with recording those expenses.
PAYROLL definition: 1. a list of the people employed by a company showing how much each one earns: 2. the total amount…. Learn more.
Apr 30, 2024 · In simple terms, payroll can be defined as the process of paying a company's employees. It includes collecting the list of employees to be paid, tracking the hours worked, calculating the employee's pay, distributing the salary on time, and recording the payroll expense.
In this article, we’ll dive into the world of payroll, unpacking its meaning, processes, and the significant benefits it offers in the realm of Human Resources (HR). Payroll is more than just a paycheck; it’s a comprehensive system and an essential aspect of any organization’s operations.
Payroll is the total of all the compensation that a business must pay to its employees on a given date or for a set period. It is usually managed by an enterprise's accounting or human resources department. In the case of small businesses, payrolls are directly managed by the owner or an associate.
May 21, 2024 · Payroll is the compensation a company should pay to its employees for a specified period of time or on a given date. Payroll is generally managed by the Accounting or Human Resource department of a company. For some small businesses, payroll may be handled by the owner himself.
