Human Resources Payroll and Employee Maintenance
Human Resource Management (HRM) is the function within an organization that focuses on recruitment of, management of, and providing direction for the people who work in the organization.
Human Resource Management is the organizational function that deals with issues related to people such as compensation, hiring, performance management, organization development, safety, wellness, benefits, employee motivation, communication, administration, and training.
Human Resource Management is also a strategic and comprehensive approach to managing people and the workplace culture and environment. Effective HRM enables employees to contribute effectively and productively to the overall company direction and the accomplishment of the organization's goals and objectives. Human Resource Management can also produce and maintain employee policies and manuals.
Staffing & Recruiting
Recruitment and staffing provide the overall framework for the process of planning, recruiting, selecting, and hiring employees. The goal of recruitment and staffing is to identify the smartest, most versatile employees you can find. Retention of your best employees starts with your effective recruitment and staffing process, strategies, policies and procedures. Recruitment and staffing are the focus of these resources:
Recruiting
Interviewing
Employee Selection
Hire Employees
Background Checks
Employee Retention
Executive Search
Hiring Forms
Layoffs/Downsizing
Succession Planning
Welcome New Employees
When Employment Ends
Timekeeping
Employers are not required by law to use a specific timekeeping system. As long as it is correct and complete it is acceptable, according to the U.S. Department of Labor. Many employers use a timekeeping system such as a time clock or timesheets to track employee time. One of the first steps in payroll processing is to figure employee payroll time via the timekeeping system being used. This includes computing regular and overtime hours worked, plus benefit days such as vacation and sick time.
Payroll System
The goal of payroll processing is to ensure employees are paid timely and accurately. The employer should hire a payroll staff to perform the tasks required to meet this objective. Depending on the size of the payroll, the payroll staff can be one individual or a team.
The speed in which the staff carries out payroll processing duties depends on the payroll system used. A manual payroll system processes the payroll completely by hand. Due to its propensity for errors, this system should be used if the payroll is small, such as less than 10 workers.
An in-house computerized system includes an on-site payroll staff and the use of payroll software. The software simplifies payroll processing but the employer must spend money to purchase and maintain it and the payroll staff. An external payroll system means outsourcing payroll processing duties to a payroll service provider.
Processing Tasks
Payroll processing means ensuring employees are paid according to their pay frequency. For example, if the payroll is biweekly, each pay cycle entails two weeks worth of pay for each employee. Duties include making changes to employees' payroll records, such as updating W-4 information; coding and posting employees' time; making pay adjustments, such as pay raises or deductions; processing deductions, such as taxes, wage garnishments and voluntary deductions, such as health benefits; direct deposit processing; and paycheck/pay stub printing.
In addition, the payroll staff ensures that related departments, such as accounting or human resources receive the necessary reports for reconciliation and benefits maintenance. Furthermore, payroll processing may involve interacting with the company's benefit providers, such as 401(k) and insurance carriers to ensure proper deductions and account maintenance.
Recordkeeping
The DOL notes that employers must keep payroll records for no less than three years. Records upon which wage computations are based, such as work tickets and time cards, should be retained for at least two years. Payroll processing includes meeting this requirement.
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From ehow.com and about.com
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Human Resource Management (HRM) is the function within an organization that focuses on recruitment of, management of, and providing direction for the people who work in the organization.
Human Resource Management is the organizational function that deals with issues related to people such as compensation, hiring, performance management, organization development, safety, wellness, benefits, employee motivation, communication, administration, and training.
Human Resource Management is also a strategic and comprehensive approach to managing people and the workplace culture and environment. Effective HRM enables employees to contribute effectively and productively to the overall company direction and the accomplishment of the organization's goals and objectives. Human Resource Management can also produce and maintain employee policies and manuals.
Staffing & Recruiting
Recruitment and staffing provide the overall framework for the process of planning, recruiting, selecting, and hiring employees. The goal of recruitment and staffing is to identify the smartest, most versatile employees you can find. Retention of your best employees starts with your effective recruitment and staffing process, strategies, policies and procedures. Recruitment and staffing are the focus of these resources:
Recruiting
Interviewing
Employee Selection
Hire Employees
Background Checks
Employee Retention
Executive Search
Hiring Forms
Layoffs/Downsizing
Succession Planning
Welcome New Employees
When Employment Ends
Timekeeping
Employers are not required by law to use a specific timekeeping system. As long as it is correct and complete it is acceptable, according to the U.S. Department of Labor. Many employers use a timekeeping system such as a time clock or timesheets to track employee time. One of the first steps in payroll processing is to figure employee payroll time via the timekeeping system being used. This includes computing regular and overtime hours worked, plus benefit days such as vacation and sick time.
Payroll System
The goal of payroll processing is to ensure employees are paid timely and accurately. The employer should hire a payroll staff to perform the tasks required to meet this objective. Depending on the size of the payroll, the payroll staff can be one individual or a team.
The speed in which the staff carries out payroll processing duties depends on the payroll system used. A manual payroll system processes the payroll completely by hand. Due to its propensity for errors, this system should be used if the payroll is small, such as less than 10 workers.
An in-house computerized system includes an on-site payroll staff and the use of payroll software. The software simplifies payroll processing but the employer must spend money to purchase and maintain it and the payroll staff. An external payroll system means outsourcing payroll processing duties to a payroll service provider.
Processing Tasks
Payroll processing means ensuring employees are paid according to their pay frequency. For example, if the payroll is biweekly, each pay cycle entails two weeks worth of pay for each employee. Duties include making changes to employees' payroll records, such as updating W-4 information; coding and posting employees' time; making pay adjustments, such as pay raises or deductions; processing deductions, such as taxes, wage garnishments and voluntary deductions, such as health benefits; direct deposit processing; and paycheck/pay stub printing.
In addition, the payroll staff ensures that related departments, such as accounting or human resources receive the necessary reports for reconciliation and benefits maintenance. Furthermore, payroll processing may involve interacting with the company's benefit providers, such as 401(k) and insurance carriers to ensure proper deductions and account maintenance.
Recordkeeping
The DOL notes that employers must keep payroll records for no less than three years. Records upon which wage computations are based, such as work tickets and time cards, should be retained for at least two years. Payroll processing includes meeting this requirement.
.
..
..
From ehow.com and about.com
.
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