What does payroll mean?

Definitions for payroll
ˈpeɪˌroʊlpay·roll

Here are all the possible meanings and translations of the word payroll.

Princeton's WordNet

  1. payroll, paysheet(noun)

    a list of employees and their salaries

    "the company had a long payroll"

  2. payroll, paysheet(noun)

    the total amount of money paid in wages

    "the company had a large payroll"

  3. payroll, payroll department(noun)

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

Wiktionary

  1. payroll(Noun)

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

  2. payroll(Noun)

    The total sum of money paid to employees.

  3. payroll(Noun)

    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.

Freebase

  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.

How to pronounce payroll?

  1. Alex
    Alex
    US English
    Daniel
    Daniel
    British
    Karen
    Karen
    Australian
    Veena
    Veena
    Indian

How to say payroll in sign language?

  1. payroll

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. Michael Bilello:

    To help support our employee's during the 35 days of the lapse in funding, TSA processed partial payments to its frontline employees. Coincidentally, the payment was processed on the very same day the partial shutdown ended. Of the 60,000 employees, unfortunately, 2 % have experienced pay discrepancies, this partial payment was complicated by a payroll process that goes from TSA to the National Finance Center( National Finance Center). TSA leadership assumed this risk and made the best decision given the circumstances and information at the time. TSA has contacted employees with known issues to ensure they are resolved.

  2. 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.

  3. Alejandro Garcia Padilla:

    The Metropolitan Bus Authority will stop Dec. 1 because there is no money to pay salaries on Dec. 15. That's the same situation with the Tren Urbano. The Maritime Transportation Authority has a few more months. We don't have money for payroll.

  4. Loretta Mester:

    Payroll growth slowed considerably in May, raising the question of whether we were at the start of a reversal from the considerable progress that's been made in labor markets, or whether the weak reading was the type of transitory change we typically see during expansions, hiring rebounded in June, alleviating that concern.

  5. Masahiro Ayukai:

    This time the U.S. payroll data will be a big event to see whether the Fed will raise rates in September, so it is natural some market players are closing their positions ahead of data.

Images & Illustrations of payroll

  1. payrollpayrollpayrollpayrollpayroll

Popularity rank by frequency of use

payroll#1#7044#10000

Translations for payroll

From our Multilingual Translation Dictionary

Get even more translations for payroll »

Translation

Find a translation for the payroll definition in other languages:

Select another language:

  • - Select -
  • 简体中文 (Chinese - Simplified)
  • 繁體中文 (Chinese - Traditional)
  • Español (Spanish)
  • Esperanto (Esperanto)
  • 日本語 (Japanese)
  • Português (Portuguese)
  • Deutsch (German)
  • العربية (Arabic)
  • Français (French)
  • Русский (Russian)
  • ಕನ್ನಡ (Kannada)
  • 한국어 (Korean)
  • עברית (Hebrew)
  • Gaeilge (Irish)
  • Українська (Ukrainian)
  • اردو (Urdu)
  • Magyar (Hungarian)
  • मानक हिन्दी (Hindi)
  • Indonesia (Indonesian)
  • Italiano (Italian)
  • தமிழ் (Tamil)
  • Türkçe (Turkish)
  • తెలుగు (Telugu)
  • ภาษาไทย (Thai)
  • Tiếng Việt (Vietnamese)
  • Čeština (Czech)
  • Polski (Polish)
  • Bahasa Indonesia (Indonesian)
  • Românește (Romanian)
  • Nederlands (Dutch)
  • Ελληνικά (Greek)
  • Latinum (Latin)
  • Svenska (Swedish)
  • Dansk (Danish)
  • Suomi (Finnish)
  • فارسی (Persian)
  • ייִדיש (Yiddish)
  • հայերեն (Armenian)
  • Norsk (Norwegian)
  • English (English)

Word of the Day

Would you like us to send you a FREE new word definition delivered to your inbox daily?

Please enter your email address:


Discuss these payroll definitions with the community:

0 Comments

    Citation

    Use the citation below to add this definition to your bibliography:

    Style:MLAChicagoAPA

    "payroll." Definitions.net. STANDS4 LLC, 2020. Web. 30 Sep. 2020. <https://www.definitions.net/definition/payroll>.

    Are we missing a good definition for payroll? Don't keep it to yourself...

    Free, no signup required:

    Add to Chrome

    Get instant definitions for any word that hits you anywhere on the web!

    Free, no signup required:

    Add to Firefox

    Get instant definitions for any word that hits you anywhere on the web!

    Nearby & related entries:

    Alternative searches for payroll:


    Thanks for your vote! We truly appreciate your support.