Payroll Compliance

Payroll compliance involves adhering to laws and regulations governing employee compensation, taxes, and benefits. This includes accurately calculating wages, withholding the correct amount for taxes, and ensuring timely payment of salaries. Employers must also meet obligations related to workplace safety, overtime pay, and benefits like unemployment insurance. Non-compliance can result in legal penalties, fines, and damage to the organization's reputation. Essentially, it's about following the rules to ensure fair and lawful treatment of all employees regarding their pay and benefits.