Staff Payroll Management
Payroll systems manage everything having to do with the process of paying employees and filing employment taxes. They are put in place to keep track of worked hours, calculating wages, with-holding taxes and other deductions, printing and delivering checks, and paying government employment taxes.
Software is often used for payroll and requires minimum input from employers. Employers are required to input wages and hours worked and then the software uses this information to automatically perform calculations and deduct withholdings.
What Is the Payroll Process?
A payroll administrator needs to do detailed planning of the whole payroll process. There is always work managing ongoing tasks that need attention and constant monitoring of changes to tax withholding, contribution, and other things to consider in the process.
The payroll process can be split into three stages — pre-payroll, actual payroll, and post payroll activities.