What does payroll mean?

Definitions for payroll
ˈpeɪˌroʊlpay·roll

This dictionary definitions page includes all the possible meanings, example usage and translations of the word payroll.

Princeton's WordNet

  1. payroll, paysheetnoun

    a list of employees and their salaries

    "the company had a long payroll"

  2. payroll, paysheetnoun

    the total amount of money paid in wages

    "the company had a large payroll"

  3. payroll, payroll departmentnoun

    the department that determines the amounts of wage or salary due to each employee

Wiktionary

  1. payrollnoun

    A list of employees who receive salary or wages, together with the amounts due to each.

  2. payrollnoun

    The total sum of money paid to employees.

  3. payrollnoun

    The series of accounting transactions that ensure that employees are paid correctly, and that all taxes etc are properly deducted; the department in a company responsible for it.

ChatGPT

  1. payroll

    Payroll refers to the total sum of all compensation a business must pay to its employees for a particular period of time or on a given date. It can also refer to the process of calculating and distributing wages and taxes. It typically includes salaries, wages, bonuses, benefits, and deductions. Payroll can also refer to the list of a company's employees and the amount of money they are to be paid.

Wikidata

  1. Payroll

    In a company, payroll is the sum of all financial records of salaries for an employee, wages, bonuses and deductions. In accounting, payroll refers to the amount paid to employees for services they provided during a certain period of time. Payroll plays a major role in a company for several reasons. From an accounting perspective, payroll is crucial because payroll and payroll taxes considerably affect the net income of most companies and they are subject to laws and regulations. From an ethics in business viewpoint payroll is a critical department as employees are responsive to payroll errors and irregularities: good employee morale requires payroll to be paid timely and accurately. The primary mission of the payroll department is to ensure that all employees are paid accurately and timely with the correct withholdings and deductions, and to ensure the withholdings and deductions are remitted in a timely manner. This includes salary payments, tax withholdings, and deductions from a paycheck.

Editors Contribution

  1. payroll

    A list of employees and other specific and accurate details to ensure the payment of salary, wages, tax and other accurate requirements in line with unity government legislation.

    Payroll is important for every business.


    Submitted by MaryC on March 11, 2020  

Suggested Resources

  1. payroll

    Song lyrics by payroll -- Explore a large variety of song lyrics performed by payroll on the Lyrics.com website.

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Numerology

  1. Chaldean Numerology

    The numerical value of payroll in Chaldean Numerology is: 7

  2. Pythagorean Numerology

    The numerical value of payroll in Pythagorean Numerology is: 9

Examples of payroll in a Sentence

  1. Jared Bernstein:

    I would look at the following variables, which happens to be the same ones that the group I was just talking about, retail sales, payroll, employment, consumer spending, industrial production, all of those have not been flashing red, all of those are not in recessionary territory, now, if you're asking me to look around a corner and say where the economy is going to be, I got to tell you that everybody's crystal ball is a bit cracked right now, and I think the uncertainty out there makes it tough.

  2. Jeev Trika:

    Marketers need to go beyond simply talking about how awesome they are. It’s far more powerful when other people that aren’t on your payroll are saying it.

  3. Magna Chief Executive Don Walker:

    If you look at all the tax that goes to the government in payroll taxes and everything else, if they spend $100 million ... they can recoup all of that money in two or three years and they continue to keep that revenue for the long-term, they are crazy not to do that, even if it may not be popular.

  4. John Sweeney:

    Financial resolutions are actually relatively easy to achieve, with diet or exercise, you have to get up every single morning and resolve all over again, but with something like a 401(k) payroll deduction, you just set it up once at the beginning of the year, and then it becomes part of your lifestyle.

  5. Gavin Parry:

    Tonight's payroll numbers are very important for sentiment on whether we'll see a December liftoff from the Fed, but for Japanese companies with exposure to U.S. consumers, they're also a window into U.S. consumer sentiment, so they will be of special interest for sectors like autos.

Popularity rank by frequency of use

payroll#1#7044#10000

Translations for payroll

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"payroll." Definitions.net. STANDS4 LLC, 2024. Web. 23 Apr. 2024. <https://www.definitions.net/definition/payroll>.

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