Payroll Management Basic Relation between an Employee amp Employer
15/06/2022 Computer - IT - Webs
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Description
“Payroll” is the data of financial activities, which includes salary, wages & bonus of the employees working in a particular business setup. It consist all the figures, related to number of heads working, salary structures according to their job responsibilities, their bonus structure and many more aspects related to employees.
Payroll management helps a lot to a business to make:-
-Better and cordial relations with the employees
-Interact them on personal level
-Policies which are feasible for the employees, in accordance with their participation.
-Employees love and loyalty towards themselves, to control attrition.
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Shashi Saurav
Individual
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