Payroll Flowchart Apple Pages Templates

General FAQs

• What is payroll?

  Payroll refers to the process of managing the wages or salary a company gives to its employees. It is the most elemental way an organization honors its agreements with its employees.

• What activities comprise a payroll process?

  Processing payroll generally involves gathering the time information of every employee in a cut-off period, managing benefits and deductions, and distributing the pay on time.

• Why is payroll a vital part of an organization?

  Getting paid for a job done is the very foundation of an employee-employer relationship. So the part that payroll contributes to the organization is important as it is foundational.

• What are the job titles that are part of payroll?

  The job titles that function in the payroll department are the following:

  1. Payroll Technicians
  2. Payroll Practitioners
  3. Payroll Administrators
  4. Payroll Supervisors
  5. Payroll Managers
  6. Payroll Directors
  7. Payroll Accountants
  8. Payroll Analysts
  9. Accounting Technicians
  10. Data Operators
  11. Payroll Systems Coordinator
  12. Payroll Systems Analyst
  13. Payroll Consultants
  14. Payroll Educators

• What is the difference between payroll and human resources?

  Human resources deal with employee relations. Its main role is to manage the employees of the organization to bring out the best in them. Payroll, on the other hand, is responsible for compensating employees. Its primary role is to take care of interpreting payroll data and depositing and reporting taxes. Payroll functions can be either under the organization’s finance or human resources department. But these two departments have shared and integrated functions.