What does PAYROLL mean?

Definitions for PAYROLL
ˈpeɪˌroʊlpay·roll

This dictionary definitions page includes all the possible meanings, example usage and translations of the word PAYROLL.

Princeton's WordNet

  1. payroll, paysheetnoun

    a list of employees and their salaries

    "the company had a long payroll"

  2. payroll, paysheetnoun

    the total amount of money paid in wages

    "the company had a large payroll"

  3. payroll, payroll departmentnoun

    the department that determines the amounts of wage or salary due to each employee

Wiktionary

  1. payrollnoun

    A list of employees who receive salary or wages, together with the amounts due to each.

  2. payrollnoun

    The total sum of money paid to employees.

  3. payrollnoun

    The series of accounting transactions that ensure that employees are paid correctly, and that all taxes etc are properly deducted; the department in a company responsible for it.

ChatGPT

  1. payroll

    Payroll refers to the total sum of all compensation a business must pay to its employees for a particular period of time or on a given date. It can also refer to the process of calculating and distributing wages and taxes. It typically includes salaries, wages, bonuses, benefits, and deductions. Payroll can also refer to the list of a company's employees and the amount of money they are to be paid.

Wikidata

  1. Payroll

    In a company, payroll is the sum of all financial records of salaries for an employee, wages, bonuses and deductions. In accounting, payroll refers to the amount paid to employees for services they provided during a certain period of time. Payroll plays a major role in a company for several reasons. From an accounting perspective, payroll is crucial because payroll and payroll taxes considerably affect the net income of most companies and they are subject to laws and regulations. From an ethics in business viewpoint payroll is a critical department as employees are responsive to payroll errors and irregularities: good employee morale requires payroll to be paid timely and accurately. The primary mission of the payroll department is to ensure that all employees are paid accurately and timely with the correct withholdings and deductions, and to ensure the withholdings and deductions are remitted in a timely manner. This includes salary payments, tax withholdings, and deductions from a paycheck.

Editors Contribution

  1. payroll

    A list of employees and other specific and accurate details to ensure the payment of salary, wages, tax and other accurate requirements in line with unity government legislation.

    Payroll is important for every business.


    Submitted by MaryC on March 11, 2020  

Suggested Resources

  1. payroll

    Song lyrics by payroll -- Explore a large variety of song lyrics performed by payroll on the Lyrics.com website.

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How to pronounce PAYROLL?

How to say PAYROLL in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of PAYROLL in Chaldean Numerology is: 7

  2. Pythagorean Numerology

    The numerical value of PAYROLL in Pythagorean Numerology is: 9

Examples of PAYROLL in a Sentence

  1. Douglas Holmes:

    Because it's a payroll tax, that's a tax you can't avoid, those drive up the cost of hiring people and discourage job creation.

  2. Jay Bray:

    We're looking for assistance. This is not a bailout, this money is not coming into our company for payroll. It's making the borrowers' payments.

  3. Elise Lark:

    We're seeing [ fewer ] people that are experienced in retail or have longevity with jobs. That's the wall we've been bumping up against, our payroll has increased at least 30 % or more, and that's just in the last year.

  4. Alejandro Garcia Padilla:

    The Metropolitan Bus Authority will stop Dec. 1 because there is no money to pay salaries on Dec. 15. That's the same situation with the Tren Urbano. The Maritime Transportation Authority has a few more months. We don't have money for payroll.

  5. Ron Wyden:

    Sen. Ron Wyden, D-Ore., said Trumps payroll tax holiday could drain the Social Security trust fund and said some states can not afford the 25 percent unemployment match, especially since the GOP has opposed additional money to state and local governments. Donald Trump is trying to distract from Donald Trump failure to extend the $ 600 federal boost for 30 million unemployed workers by issuing illegal executive orders, this scheme is a classic Donald Trump con : play-acting at leadership while robbing people of the support they desperately need.

Popularity rank by frequency of use

PAYROLL#1#7044#10000

Translations for PAYROLL

From our Multilingual Translation Dictionary

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"PAYROLL." Definitions.net. STANDS4 LLC, 2024. Web. 7 Sep. 2024. <https://www.definitions.net/definition/PAYROLL>.

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