Need Information About Payroll

deepika_v
Hi friends
This is deepika, I would lilke to know about payroll management for a company and Hr's role in that.
Some queries which I have.
Does the basic percentage will be same or will differ form comapny to comany and state to state?
Medical reimbursement will be given annually or monthly?
Whats the difference b/w payroll and payslip?
HR role in preparing Payroll?
As i need to go for an interview need some inputs for that.
Thanks & Regards
Deepika
Gowrishankar
Hi Deepika,
1)Does the basic percentage will be same or will differ form comapny to comany and state to state?
No it's not same. It will differ from company to company as per their policy.
2)Medical reimbursement will be given annually or monthly?
It will be reimbursed annually by producing the necessary documents
3)Whats the difference b/w payroll and payslip?
Payroll is the process for generating the payslip for all.
payslip is the end process to show the earnings and deductions of all individual.
4)HR role in preparing Payroll?
Ensure all the attendance records according to individuals presence and with the D.O.J & D.O.L the salary and final settlement has be done accordingly
These is all the informations for your query up to my knowledge and you should be through in Ms - office that to mainly in Excel and in any of the packages used.
Amit_Singh
Medical reimbursement policy may vary from company to company viz, monthly, quarterly, half-yearly or annaully.
Regards
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