Payroll Fundamentals Live Online Training
Payroll Training Navigating the many federal, state, and local regulatory requirements that oversee the accurate and timely payment of employee wages requires understanding each of the different steps in the company payroll process. Understanding how to identify different employee types is a critical first step. Once the employee type is identified, calculating the wages for the compensable time (to include overtime) is essential to ensure an employee’s gross wages are accurate. One of the final steps in the payroll process will include various pay deductions, garnishments, and employee taxation – all leading to the final net pay. The basic payroll cycle will close with the calculation and management of the tax liability payment processing and reporting. The accurate completion of each of these steps will ensure the correct and timely handling of the largest expense of your company and the security of your greatest asset (the employee). Learning Objectives You will be able to de...