March 2009
Intermediate to advanced
669 pages
20h 19m
English
book
PHR®/SPHR® Professional in Human Resources Certification Study Guide, Third Edition
by Anne Bogardus
Content preview from PHR®/SPHR® Professional in Human Resources Certification Study Guide, Third Edition
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6.4. Payroll
In many organizations, payroll is administered as a function of the finance department, but there are others in which it is an HR responsibility. Although an in-depth knowledge of payroll systems and administration is not required for the PHR/SPHR exams, candidates should have basic knowledge of payroll activities and how they interact with HR responsibilities.
6.4.1. Payroll Systems
Whether an organization employs one person or hundreds of thousands, a payroll system must meet some basic requirements:
It must accurately calculate payments that are due to employees.
It must accurately calculate statutory and voluntary deductions.
It must track payroll tax payments owed to federal and state agencies.
It must provide accurate reports ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.