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- Dictionarypay·roll/ˈpāˌrōl/
noun
- 1. a list of a company's employees and the amount of money they are to be paid: "there are just three employees on the payroll"
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Jul 6, 2024 · Payroll is the compensation a business must pay to its employees for a set period and on a given date. The payroll process can include tracking hours worked for employees,...
PAYROLL definition: 1. a list of the people employed by a company showing how much each one earns: 2. the total amount…. Learn more.
May 21, 2024 · Payroll is the compensation a company should pay to its employees for a specified period of time or on a given date. Payroll is generally managed by the Accounting or Human Resource department of a company. For some small businesses, payroll may be handled by the owner himself.
The meaning of PAYROLL is a paymaster's or employer's list of those entitled to pay and of the amounts due to each. How to use payroll in a sentence.
Payroll is the process a business uses to pay its employees. It involves tracking and paying all the compensation an employee earned during a certain time. By Katie McBeth. June 13, 2023. Why payroll is important. The payroll process simplified. Keep records. Track time. Calculate gross wages. Take out taxes and other deductions. Pay the employee.
PAYROLL meaning: 1. a list of the people employed by a company showing how much each one earns: 2. the total amount…. Learn more.
Apr 30, 2024 · In simple terms, payroll can be defined as the process of paying a company's employees. It includes collecting the list of employees to be paid, tracking the hours worked, calculating the employee's pay, distributing the salary on time, and recording the payroll expense.
