The payroll process involves calculating and distributing the correct amount of money to employees for the hours they have worked, as well as any other forms of compensation, such as bonuses or commissions. This process typically includes collecting time and attendance data, calculating pay, generating paychecks or direct deposits… But also, Payroll tax compliance, Record keeping and reporting.A good knowledge of tax and labor law, social security principles and rules are the mandatory foundations of good payroll operation.This is the basis of the payroll. You know it as well as 2+2 makes 4? Great! But it is possible to optimise the process to gain efficiency, while improving employee’s satisfaction.Read more...Find out how to master all the payroll process