payroll management
Employee compensation oversight
Payroll management is the administrative work of calculating and distributing employee wages, including tracking hours, withholding taxes, and ensuring compliance with labor laws.
In business contexts, it encompasses everything from setting up direct deposits to filing quarterly tax reports: We outsourced payroll management to reduce overhead.
The term often appears in job titles and software categories.
- time clockShift tracking device
- garnishmentsCompulsory paycheck withholdings
- deductionsConclusions from reasoning
- gross payEarnings before withholdings
- hourly wagePay calculated per hour
labor laws · pay grade · net pay · take home pay · pay stub · overtime pay · salary · bonuses · job classifications · unemployment insurance · tax withholding · tax filings · auditing · financial reporting · commissions · workers' compensation · social security contributions · paychecks
payroll managementhiring
Giving someone work
firing · recruitment · termination · talent acquisition · layoffs
payroll managementrevenue collection
Securing payments owed
accounts receivable · billing · income generation · invoicing · sales