Payroll Best Practices
Payroll Best Practices by Steven M. Bragg, published by Wiley on July 20, 2005, is a comprehensive guide designed to enhance the efficiency of payroll departments. This edition spans 224 pages and is presented in English. The book delves into 120 best practices aimed at improving the payroll function, providing controllers, payroll managers, and CFOs with detailed work plans for implementation. It addresses common pitfalls and offers insights into optimizing payroll processes.
Readers will find a wealth of techniques for reducing workload and error rates, transitioning to outsourced payroll solutions, and developing web-based timekeeping systems. The book also outlines approaches for implementing employee-driven payroll deduction systems and includes graphics that detail costs and implementation timelines for each best practice. Additionally, it features policies and procedures that support these practices, a simplified implementation plan, an appendix summarizing the best practices, and a glossary of key payroll terminology. This resource serves as a practical tool for those looking to enhance their payroll operations.
Official synopsis Publisher
120 best practices to improve the total process of the payroll department
Payroll Best Practices examines, in great detail, best practices for the payroll function, and how to install them to provide readers with an in-depth knowledge of how this critical functional area can be improved. Here, controllers, payroll managers, and CFOs will discover the exact work plans needed to implement each best practice in their organizations, and lays out pitfalls likely to be encountered and avoided along the way.
This how-to resource for payroll improvements includes:
* Techniques for reducing the workload and error rate of the payroll staff
* Methods for switching from an in-house to an outsourced payroll solution
* Ways to create or outsource a Web-based timekeeping system
* Approaches to switching to an employee-driven payroll deduction system
* Graphics indicating the cost and implementation duration for each best practice
* Policies and procedures that support the best practices
* A simplified best practices implementation plan
* An appendix that summarizes the large number of best practices presented
* A glossary of key payroll-related terminology
* And much more
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