How To Calculate Payrole Of An Employee - CiteHR
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hi,i have done MBA in hr i am a fresher. i want to know to how to calculate pay how does it work including deduction and previous arrears
It is the responsibility of the employer to accurately calculate payroll for their employees. Errors can result in employees having too much or too little of their pay withheld for taxes, Social Security, Medicare and other deductions, which causes an inconvenience for them at tax time. Miscalculations can also result in the company coming under review and possibly facing penalties by government agencies, such as the Internal Revenue Service.
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