Payroll Management

Payroll management is the process of calculating and distributing employee salaries and wages. It involves tracking hours worked, deducting taxes and benefits, and ensuring that employees are paid accurately and on time. This process also includes maintaining payroll records, complying with labor laws, and managing tax filings. Effective payroll management ensures that employees are satisfied with their compensation and that the organization meets its legal obligations, ultimately contributing to the overall financial health of the company and fostering a positive workplace environment.