Payroll Management
/ˈpeɪroʊl ˈmænɪdʒmənt/
Definitions
- (n.) The administration and processing of employee compensation, including wage calculation, tax withholding, benefits disbursement, and compliance with labor laws.
Effective payroll management ensures timely and accurate payment to employees while complying with all statutory requirements.
Forms
- payroll management
Related terms
See also
Commentary
Payroll management involves legal compliance with multiple regulations; careful drafting and policies are essential to avoid disputes over employee compensation.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.