Payroll is usually managed by the accounting department of a business. Small-business payrolls may be handled directly by the owner or an associate.
Payroll can also refer to the list of employees of a business and the amount of compensation that is due to each of them.
Payroll is a major expense for most businesses and is almost always deductible as such. Payroll can differ from one pay period to another due to overtime,
sick pay and other variables.
At Kevij we design the payroll system for our clients depending upon the no of employees and manpower budget of the organization compensation
strategies can be varied. The main objective of designing a systematic payroll system is to reduce the cost and to benefit the employees through
various tax saving and other investment options, whereas to benefiting the organization by providing more perks to their employees within a limited budget.
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