Payroll Management
The process of calculating pay, deductions, taxes, payments, and payroll records for employees and workers.
References
- IRS Publication 15, Employer's Tax Guide
Internal Revenue Service
Official employer tax guide for withholding, payroll tax deposits, forms, and recordkeeping.
FAQs
- Is payroll management only about payments?
- No. It also includes worker data, deductions, taxes, approvals, records, corrections, and reporting around payroll operations.
- What teams should review payroll management software?
- HR, payroll operations, finance, compliance, IT, and sometimes legal should review payroll software because it touches pay, taxes, records, integrations, and employee experience.
Related Terms
HRIS
A human resources information system used as a core record for employee data and HR workflows.
Benefits Administration
The process of managing employee benefit plans, eligibility, enrollment, changes, and related records.
HR Compliance
The controls and processes used to manage HR obligations, records, policies, and risk signals.
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