Payroll Fundamentals: The Ultimate Guide For Employers And Employees

by eLearning Industry / Published: Nov 27 2024

What it's about

Every organization, whether it has a few or thousands of employees, has a payroll process. While managing payroll might be more complicated for larger businesses compared to smaller ones, the basic steps and components of payroll remain the same. So, what exactly is payroll? It can be best described as a series of processes that are related to employee compensation, but it encompasses much more than simply paying them. This comprehensive payroll fundamentals guide contains everything you need to know, from its advantages and challenges to its main components and best practices.

Key chapters

What Is Payroll?
What Are The Advantages Of Using A Payroll System?
What Are The Challenges In Implementing Payroll?
How To Calculate Payroll Taxes
Payroll FAQs

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