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Investments glossary

Payroll

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Quotes of the day:

(The drugs) cause a reduction in the parasite so when the mosquito bites the person it doesn\'t transmit the disease.

— Neeraj Mistry

Payroll is the total of all compensation a business must pay to its employees for a set period of time or on a given date. It is usually managed by the accounting or human resources department of a business; small-business payrolls may be handled directly by the owner or an associate. Increasingly, payroll is outsourced to specialized firms that handle paycheck processing, employee benefits and insurance, and accounting tasks such as tax withholding.


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