a list of employees and their salaries
"the company had a long payroll"
the total amount of money paid in wages
"the company had a large payroll"
payroll, payroll department(noun)
the department that determines the amounts of wage or salary due to each employee
A list of employees who receive salary or wages, together with the amounts due to each.
The total sum of money paid to employees.
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.
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.
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
Song lyrics by payroll -- Explore a large variety of song lyrics performed by payroll on the Lyrics.com website.
The numerical value of payroll in Chaldean Numerology is: 7
The numerical value of payroll in Pythagorean Numerology is: 9
Examples of payroll in a Sentence
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.
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.
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.
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.
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.
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Translations for payroll
From our Multilingual Translation Dictionary
- Gehaltsabrechnung, Gehaltsliste, GehaltskostenGerman
- ruolino paga, ruolo paga, libro pagaItalian
- loonlijst, payrollDutch
- lista płacPolish
- folha de pagamentoPortuguese
- платёжная ведомость, расчётный лист, платеRussian
- фонд оплати праціUkrainian
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