What Does Payroll Mean?

What Does Payroll Mean?

1 Answer

  1. Payroll is a process followed by companies to give their employees wages.
    It can also be referred to as a list of employees who receive compensation from a company.
    Importance of payroll for the business:
    1. Attracts fresh talent: A company that makes on time payments to there employees is always sought after.
    2. Legal responsibility: Managing payroll well keeps company away from legal repercussions.
    3. Reduces tax: It can help in reducing the state tax.
    You can read more about payroll on https://www.feedough.com/what-is-payroll/

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