Payroll

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Payroll

 

an accounting document designed for recording payments of wages to workers and to clerical and professional employees. It can be compiled for the enterprise or organization as a whole and for individual shops and sections, according to categories of employees, pay lists, or individual pay statements. In contrast to the other documents used in disbursing wages (pay lists or orders), the payroll gives only the employee’s identification number, surname, first name and patronymic, and the amount of take-home pay. The payroll form also contains a column for signatures acknowledging receipt of the money.

References in periodicals archive ?
The ballot does not change the reality that [euro]300million in payroll savings are required this year and [euro]1billion up to 2015.
The increase is believed to be due to payroll savings, which were EUR10million more than Aer Lingus had anticipated.
The county identified a $112 million potential deficit, which the proposed budget eliminates with a small property tax increase, payroll savings, targeted spending reductions, and the repeal of the apparel exemption.
Ronald Allen, the Company Chairman, stated, "All of the trends in operating results are very positive and include a 26% improvement in Gross Margins attributable to significant productivity gains in direct labor combined with reductions in manufacturing overhead expenses, and a sizeable reduction in General and Administrative expenses that primarily reflects payroll savings from the implementation of a flatter organization structure.
Project-related cost savings and annual payroll savings from increased user and IT staff efficiency averaged almost $20.
Payroll savings associated with changes in support functions will account for $30 million of the $45 million.
The latest personnel changes are expected to provide Sun Country an additional $6 million in payroll savings over the next year.
One example is a voluntary payroll savings program implemented during the third quarter.
Annual payroll savings as a result are expected to be approximately $3 million.
By consolidating all the servers and the support staff, school districts are able to cost justify this approach based on hardware, software and payroll savings.
More than 60% of Raytheon's employees enroll in this payroll savings program.
The committee will organize local efforts to support of the purchase of Savings Bonds, including through payroll savings plans and over-the-counter sales at financial institutions.