Irregularities in Payroll processing take a toll not just on employee morale, but also on the productivity of a business. While ensuring timely and accurate payment of wages is important, adhering to local legislation related to labor and employment is also important. Failure to adhere to laws can attract consequences financially and legally. In order to ensure that employees are productive and the business is law compliant, there’s a need to understand the basics of management of payroll. This article … Continue reading Payroll Management for Small Businesses: Definitions