Traditionally, reducing payroll has meant laying off staff. Although this has the intended effect of cutting costs, there are negative effects as well that may counter this strategy. Centralizing certain processes can also result in a need for workers. However, other options may be available to help cut payroll costs, including converting employees to a merit pay system. Whichever option an organization determines is appropriate, careful consideration needs to

Software-as-a-Service in Accounting: Current Best Practices IV. Research Methodology V. Analysis of Results VI. Conclusion and Recommendation's VII. Appendices and References Literature Sources The following are the literature and secondary research sources that will be used for completing this analysis. ABI Inform, Data Monitor, EBSCO Host, Hoover's, Lexus/Nexus and IBIS Research are the secondary sources of data, which will be used for this analysis. Additionally, research from Forrester Group, Gartner Group, International Data Corporation and

Root Cause Analysis and Workplace Management Studies The study presented several interesting results. Those companies, regardless of size, that integrated a form of "Root Cause Analysis" (RCA) within their organizations were found to have increased their WPM and the overall efficiency of their payroll departments. These companies were found to have higher bottom line revenue and shorter time to gross pay amounts than those companies that did not use RCA (Cheek

Payroll Software The most important thing a Human Resources department can do, is to ensure that it is aligned with the greater organizational strategy. A solid HR department will know and understand the bigger picture and be able to prescribe actions that match the intentions of those objectives set out by leadership and other powerful sources. This essay will demonstrate a practical application of HR strategy by describing the selection process of

New Payroll Application Architecture One of the most commonly automated business processes and operations in the recent past is payroll, which is also the most often used human resource solution. The increased use and automation of payroll is attributable to the need to ease and reduce the time spent in payroll processes, which is one of the first applications in the working environment. Despite the increased automation of payroll, there are

Many employers use a simple formula to calculate net pay. The formula is as follows: Net Payment Calculation: Employee's gross pay = (pay rate times number of hours worked) minus Statutory payroll tax deductions minus Voluntary payroll deductions = NET PAY As mentioned above employers are also required to report payroll tax obligations in accordance with federal and state law. Below is a list of following responsibilities on the part of the employer. Federal tax