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, 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.

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.

Matched Categories

How to pronounce payroll?

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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. Paul Mallory:

    Based on our payroll here we’ve been able to figure out the impact and make changes in both spending and pricing, in terms of people coming in, they haven’t been deterred by any pricing. A pint of beer went up 25 cents, but when people see that, they get it… That’s the way it is. Society has spoken.

  2. Illinois Attorney General Lisa Madigan:

    I am bringing this action to ensure that legally supported expenditures can continue to be made and to address the question of how the state payroll is legally managed during the budget impasse.

  3. Walter Rowen:

    They are giving me money to let me bring employees back on payroll, but limiting the time frame I can do that in. Nobody thought that through.

  4. Robert Martin:

    We strongly believe the BLS' treatment of closing establishments is substantially biasing payrolls up, the BLS assumes that for every establishment in their sample that closes, a new establishment opens unobserved. The BLS then increases its estimate of new jobs in line with payroll growth at similar surviving establishments.

  5. Steve Wallace:

    My costs are the overall scheme of things, but I have to show that 75 percent of this loan went to payroll, which is normally only about 20 percent of my costs. My rent and utility bills are higher than my payroll.

Images & Illustrations of payroll

  1. payrollpayrollpayrollpayrollpayroll

Popularity rank by frequency of use

payroll#1#7044#10000

Translations for payroll

From our Multilingual Translation Dictionary

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