Answers » Categories » Technical Analysis

Detailed information about payroll

i need prescribed information about payroll i m student of mba finance


0
1 Report

1 Answer
0 
Compensation of employees is either direct compensation in the form of monetary benefits or indirect compensation in the form of non-monetary benefits.

Direct compensation includes
- basic salary
- overtime
- bonus
- special allowances
- house rent allowance
- conveyance
- leave travel allowance
- medical reimbursements.

Indirect compensation may be provided in the form of
- time off
- retirement benefits
- insurance
- company car
- hospitalization
- leave travel assistance
- holiday homes.

Employers are obliged to deduct several items from their employee’s pay such as
- payroll taxes
- social
security
- medical insurance
- state taxes

- 401k
- eventually child or spousal support
Jan 3rd, 2012 at 9:40 AM
Reply

Answer this question

by Anonymous - Already have an account? Login now!
Your Name:

Your Answer:
Source(s): (optional)

Enter the text you see in the image below
What do you see?
Can't read the image? View a new one.
Your answer will appear after being approved.

Ask your own question

Ask a Question

Categories