Premium Essay

Only

In:

Submitted By nhel2014
Words 333
Pages 2
1.0 INTRODUCTION

Payroll consists of the process by which a business pays its employees for work performed during a specific period. A payroll system allows businesses to follow a set series of processes in order to make timely, correct payments in compliance with government regulations. A payroll system may be manual or computerized and handled in-house or outsourced to another provider.

2.1 OBJECTIVES

A payroll system should be geared toward paying employees what they earn within a reasonable time frame and accurately tracking paycheck amounts as well as tax and benefit withholdings. Payroll systems should be thorough without being overly complex and cumbersome, and they should be designed thoughtfully enough to work well with a minimum of oversight. Having a well-designed payroll system is in the best interest of employees, business owners and human resources staff.

2.2 Scope And Limitation
Accuracy
Accuracy is an important objective of a payroll system, because employees are entitled to be fairly compensated for the work they have done, and a company's financial well-being depends on not overpaying employees for the time they have worked. In addition, businesses are liable for payroll taxes on employee earnings as well as remitting payroll taxes that have been withheld from employee paychecks.
Consistency
A payroll system has many components, and the information in each section should be internally consistent. An employee's weekly wages over the course of a month should add up to the system's sum for his monthly wages, and the weekly totals for all employees over the course of the month should add up to the monthly total for all employees.
Cost-Effectiveness
A payroll system should be cost-effective by performing calculations efficiently and not taking more of the bookkeeper's time than necessary. In addition, an effective payroll

Similar Documents

Premium Essay

Abstinence-Only

...English 1303 Abstinence-only: Does it work? Statistics show that “70 percent of US teens have engaged in oral sex…and more than 45 percent have had intercourse at least once.” Today’s future generation has been involved in sexual activities more than ever. The question is, do they know what they are getting themselves into? With the deliberation on what should be taught in a sex education class, many wonder if the abstinence-only programs are working to lower the number of teens that participate in these activities? Paul Weyrich’s article “Abstinence Education Works” and Arthur Caplan’s article “Abstinence-Only Sex Ed Defies Common Sense: Education Policy Spreads Ignorance, Sends Confusing Messages to Teens” both have different viewpoints on abstinence-only sex education. Weyrich claims that having abstinence-only education programs can prevent teen pregnancies and transmissions of sexually transmitted diseases. Research from Texas A&M, show that sex education classes that teach abstinence have significantly lowered sexual activity rates among teens. Studies show that abstinence programs are very beneficial and many ways towards teenagers. The programs teach teens to be safe, prepared, and mature about sex; as well prepare them for when they get married and have sex in the future. Weyrich finishes off strong by restating his main point: the best prevention against STDs and unplanned pregnancies is not having sex before marriage. According to Caplan, STD’s are rapidly...

Words: 910 - Pages: 4

Premium Essay

The Only

...9tanggap ng madla at nakatutulong sa isang indibidwal pagdating sa ³sosyalan´, subalit,ang paninigarilyo ay mapanganib sa kalusugan ng tao at may negatibong epekto sasosyal, emosyonal at cognitive na aspeto ng tao. Maging kinaugalian ito ng isangindibidwal, maaari itong magdulot ng sakit sa puso, baga at iba pang malubhang sakit nakung walang sapat na kaalaman tungkol sa mga epekto nito, ipagsasawalang-bahala athindi gawan ng paraan sa lalong madaling panahon. Dahil diyan, maaari itong humantongsa pagpanaw. 10 KABANATA II MGA KAUGNAY NA PAG-AARAL AT LITERATURAPharmacology for th e Primary C ar e Pro v id e r Ayon sa aklat na P harmacology for the primary care provider ( 2 004), ang paninigarilyo ay ang sanhi ng maraming sakit. Ito ay ang pagkakaroon ng cancer sa baga,esophagus, at larynx, coronary artery disease, peripheral artery disease, stroke, at ChronicObstructive Pulmonary Disorder o COPD. Sinasabi din na 2 7. 3 porsyento angnaninigarilyo edad 2 5-44, 23 . 3 porsyento ay edad 45-64, at 10.5 porsyento angnaninigarilyo edad 65 pataas. Ang mga bata ay may posibilidad din na magkaroon ngsakit sa puso dahil sa mataas na kolesterol na nakukuha mula sa pagkalanghap ng usok ngsigarilyo sa loob ng bahay. Sinasabi na mahigit 4 2 0,000 ang mga namamatay taun-taondahil sa pagkakasakit sa paninigarilyo.Ang nicotine ay nakakataas ng heart rate at blood pressure gawa ng pagtaas ngepinephrine. Ito din ay nakakababa ng oxygen dahil sa pagtaas ng...

Words: 582 - Pages: 3

Premium Essay

If They Only Knew

...Borderline Personality Disorder Mental Health Treatment Although psychiatric hospitalization may often be used to address the suicidal and other safety crises of individuals with BPD, it is unclear how beneficial that intervention is. In contrast, partial hospitalization has shown some promise as an intervention for individuals with BPD who are not in imminent danger of mortally harming themselves or others. Partial hospitalization involves the sufferer receiving intensive mental health treatment for several hours per day then returning home each afternoon or evening. Therapeutic communities are living arrangements that provide a safe, nurturing, and structured environment for individuals with BPD that they may not have received as a child. Those communities can play an important role in the care for these individuals. Most practitioners will use some form of psychotherapy to treat BPD. Dialectical behavior therapy (DBT) addresses problems that individuals with borderline personality disorder often have relating to others and managing their behaviors and feelings. Psychoanalytic psychotherapy involves the mental health professional helping the person with BPD explore deep feelings and the ways they manage those feelings (defenses) in ways that are not constructive. Interpersonal psychotherapy focuses on helping people with BPD relate to others in healthier, more appropriate ways. Psychotherapy remains the mainstay of treatment for BPD. Many practitioners use techniques to help...

Words: 1204 - Pages: 5

Free Essay

Sales Memo

...MEMORANDUM To: All Staff and Lab Students From: Lorrian McMaster, Assistant Costume Designer Date: September 31, 2015 Subject: Advertising Shows It has come to my attention that The Ring Theater performances are not really advertised to the public and the entire student body to the best of our ability. It is so bad that only the students in the school of theater are the only ones who really know about our shows and maybe their families. We need to start having more full houses and try reaching out to everyone. Therefore, I am introducing a new policy that mandates that employees come up with a new way of advertising the show to the public every Wednesday, as it is our slowest day. Some ideas we could start with are making flyers for every school on campus as well as calendars, shirts that we would wear around campus or even pens that we could give out with the public with the information about the shows. If you do not work on Wednesdays, I suggest you still come up with ideas and submit them to Gema, the staff manager, on Tuesday before you leave and she will implement them on Wednesdays. I believe that if everyone that works in the shop presents a new idea and it is enforced as a team weekly, we definitely would have more sold out shows and this will also give our actors more opportunity to show case their talent to a larger crowd and potentially to recruiters. We work too hard not to be recognized! Thank you for your cooperation and I look forward to hearing...

Words: 276 - Pages: 2

Free Essay

Birth Order and Development of Personality

...personality, brilliance and various decisions in the personal growth process. This task, therefore, seeks to explain how the birth order in a family relates to an individual's personality growth and development, relationships, intelligence and social attitudes. A child's personality is well nurtured and cultured by his or her birth order in a family. For, instance the first-born kid is usually perceived to be excessively burdened with a responsibility which eventually molds him or her to be a charismatic leader, hardworking, perfectionist and loving. Types of birth order The different kinds of birth order are namely actual birth order; which entails the sequence in which an individual is brought into the world that is first child, the only child, second child or last child .Psychological order takes into details how an individual perceives his roles in the family which he or she comes from. Birth order is a mechanism that aids an individual in comprehending his or her roles in the family....

Words: 1601 - Pages: 7

Free Essay

Fortune and Misfortune of “Little Emperors”— Employment

...Fortune and Misfortune of “Little Emperors”— Employment Only Hope: Coming of Age under China’s One-Child Policy provides a fascinating look at the social world of China’s singletons – the first generation to grow up after the one-child policy was instated, showing a whole picture of the consequences of the world’s first state-mandated fertility transition. China’s one-child policy was designed to create a generation of ambitious, well-educated children that would lead China into the First World. The policy was bred to adapt to the changes demanded by the cultural model of modernization. Through the study, Vanessa L. Fong shows us the social consequences and implications on the singletons resulting from this policy. In a word, the strategy has succeeded, but at a price. Singletons enjoy high living standards, educational opportunities and more concentrated love in the family than before. However, they are also facing intense parental pressure and competition for elite status in the educational system and the job market, as well as the accusation that they were spoiled since they have unrealistically high expectations. I highly enjoyed reading the book Only Hope. During reading, I found a phenomenon that singletons were eager to find a good job and it was of great importance to them. There are underlying socioeconomic reasons related to the one-child policy. Therefore, in this reaction paper, I am going to discuss about the employment problem of the singletons, which is becoming...

Words: 1632 - Pages: 7

Premium Essay

China's One Child Policy

...China’s One Child Policy; Impacts on the Society, the Economy, and the People. By David Goheen Due: December 14, 2007 Executive Summary During the years before the implementation of the One Child Policy, the leaders of China were involved in wars, a great leap forward, and an industrial revolution. In the last twenty five years China’s One Child Policy has affected the country in every way one can imagine. This paper will attempt to explore the major ways the policy has affected the people of China socially, and how the economy has reacted with the change. A brief history on the traditional views of Chinese families, before the policy’s implementation, is outlined ahead of the policy’s background. This is to illustrate where the people of China are coming from, socially and culturally. I hope to convey that this policy has forcefully stolen the Chinese citizens’ basic human right to reproduce and has hurt them physically and emotionally. However, statistically and economically the policy has been a success up to this point. The early psychological status of China’s children with no siblings is looked at to try to understand their mental capabilities of dealing with the pressure of having to be successful. Major flaws that were overlooked could spell disaster for this aging population in the future. The policy has created prosperity for the country, but has also left its citizens suffering. China is now looked at as having a low birth rate, a low death...

Words: 4053 - Pages: 17

Premium Essay

The Pianist

...child in some families. Demographers, however, do not expect a major baby boom.   A woman and a child in Beijing. The Chinese government announced last week that it would ease the one-child policy to allow couples in which either partner is an only child to have a second baby. (Ng Han Guan / Associated Press / November 20, 2013)   BEIJING — At soon as Luo Yuannan heard about the change in China's one-child law, she began to calculate when it would be best for her 2 1/2-year-old son to get a baby sister, because, like many modern Chinese women, Luo is pining for a girl. "I was amazed," said Luo, 31, who lives in the southern city of Shenzhen. "I always wanted to have a second child and now I will get the chance." If things go as planned, a second child for Luo could be part of a baby boomlet for China. The Chinese Communist Partyannounced Friday that, as part of a reform package approved at the third party plenum, it would ease the one-child policy to allow couples in which either partner is an only child to have a second baby. Demographers believe the change — previously, exceptions were made if both parents were only children — will benefit about 10 million couples, including Luo and her husband. She is an only child, but he has a sibling. Certainly the stock markets are anticipating the pitter-patter of little consumer feet. On Monday, the first trading day since the announcement Friday night, shares of toy, milk powder and baby goods manufacturers were up...

Words: 873 - Pages: 4

Free Essay

Utilitarianism

...“Men lose their high aspirations as they lose their intellectual tastes, because they have no time or opportunity for indulging them; and they addict themselves to inferior pleasures, not because they deliberately prefer them, but because they are either the only ones to which they have access, or the only ones which they are any longer capable of enjoying.” This quote is especially important for understanding Mill’s defense of utilitarianism in front of critiques that suggest this doctrine to be one of immediate pleasure; a doctrine that will stop people from accelerating their development and enriching their character through knowledge. The critique addresses the focus of utilitarianism as a doctrine that emphasizes immediate and animalistic pleasures and turns them into the main reason for being. Mill’s response is trying to reconcile the idea of a dual man, one that enjoys animalistic pleasures as well as, what the author calls, superior pleasures that come with knowledge and experience. The argument proposes the idea of a bifocal man, capable of both superior and inferior pleasures. The explanation offered in this quote explains the subordination relationship between the two, and how man is capable of avoiding regression into his/hers animalistic instinct without giving up the non-refined pleasure of life. Mill’s hypothesis is that a person is always going to choose the elevated, educated pleasure over the inferior one, because once taste is acquired of the...

Words: 506 - Pages: 3

Free Essay

The Wisdom of Youth

...have a lot of energy and they love to invest it in areas thatthey are passionate about.The older you get, the more you learn to see what you’ve been taught to see.When you’re a kid, you see what’s there. They are able to see better than anyone the problems and issues of our modern society.The idealism of the youth is like no other. They hope at a new world, at the perfect society so everybody can have a happy life. Young people are visionary. They usetheir creativity when dealing with problems so they create new solutions to old and new problems.The fresh approach that youngsters have is not the only advantage that they possess. They are fast learners, capable of learning new skills in no time. They are alsogood with technology, especially this new generation also called ‘digital natives’. Andthat’s no easy thing for older ones.Young people have a lot of qualities, but they are not the only ones who have the power of change. It’s not always about the next generation.Maybe that’s what we shouldall learn, that youth has no age...Maybe this is the wisdom of...

Words: 307 - Pages: 2

Premium Essay

One Child Policy in China

...Tourism Context and Culture ----- Essay Name: Yu Huang ID code: 111356 Class: 2ITMC-02 Date: 05/16/2013 Lecturer: Jeroen Hol Table of contents Introduction 3 What is One-Child policy? 3 Positive impact of One-Child policy 4 Negative impacts of One-Child policy 4 Ageing problem 4 Sex ration imbalance 5 Human rights violation 6 Little Emperor behavior and Heavy Burden 6 Conclusion 7 Reference: 8 Appendix: 9 Introduction Today, China is comforted the largest country in the world. The population of China is 1,354,040,000, which is confirmed by Chinese government in January 2013. China as the most populous country in the world has formulated a great national policy for population for population controlling, which is called One-Child policy, in 1970s last century. This great population policy has made big efforts on controlling Chinese population. Undoubtedly, One-Child policy has made historical contribution on the development of China in 34 years. Although Chinese One-Child policy controls the population growth effectively and contributes to Chinese economic development at the initial periods of implementing this policy, the One-Child policy still generates more and more negative impacts on current development in China. What is One-Child policy? During the administration of Chairman Mao Zedong...

Words: 3366 - Pages: 14

Free Essay

George

... Is the US Government doing all that it can for the recently discharged veteran’s. There are many young men and women that have served their country with pride and sacrifice that the average American will never know. We should never have to be put thru a system that is backlog worse than anything we have to offer. I feel that there needs to be a new system put into place and if that means that the government must give up this job to an outside company, it will only make the system that the veterans use better. Having to deal with the VA Having had to deal with and go thru the VA myself I can for one say that the system has many errors that need to be addressed. One is the long wait time for something as simple and being seen by a doctor. Two getting paperwork that the Military messed up corrected. Ways the system could change I know that by me writing this the system will never change, and I also know that right now that government has so much money tied into the VA that things will never change and the only ones that will suffer will be the veterans. Conclusion I would hope that one day there will be a system in place that will be more veteran friendly and easier to work with and deal with. I would like to see a system that will be there for the veteran and there...

Words: 311 - Pages: 2

Free Essay

Natsci

...our history and culture; it is a part of who we are. What Almir Suri and his team are doing is really moving. Knowing that some people are still helping secure their culture, traditions and natural richness is very affecting, more so if those people are not even part of that particular tribe. But by just mingling with them, learning their culture and such, they began to be attached to them and felt like they are one of them which are good. Like them, all of us have to really see and know how these tribes are living on their own. All of us must respect every single person in that tribe as human beings. The only reason why some of the members of the tribe are being a danger to the modern people is that they feel threaten. It’s saddening that slowly the tribes are disappearing and that some people just forget about them like they never existed. Well honestly, they are not the only ones that will be gone but the beautiful surroundings that they are also trying to preserve. Like the forest in Brazil, it is the Surui Indian tribe who are protecting this from the illegal loggers. Their lives are being threatened and they have no one protecting them from it except with their beliefs. It’s really a relief that they have Almir Suri who is part of their tribe and is really trying to fight for the tribe’s survival. Even though he had study in a nice university outside their place, he hasn’t forgotten where he came from and is still ready to help them grow more. Also, I think Almir is trying...

Words: 449 - Pages: 2

Free Essay

One-Child Policy in China

...mass amount of population and had a profound impact on all aspects of Chinese’s life. Apparently, it decelerates the growth rate of population; otherwise, there could be 23 million newborns in China annually (Shanor 53). To some extent, this policy relieves a comparative land shortage under the mass population in the countryside (Davin 65). In addition, it raises the average level of education and health care in the city because parents are likely to put more effort into taking care of the only child in the household (Kane 109). Despite its marvelous success in both the city and countryside, some scholars are concerned with the side effects tied to this policy, such as “little emperors”, labor force shortage and an aging society, which will only escalate in the future (Shanor 54). Although this policy impact on people's lives are good or bad cannot draw a conclusion, but through some social problems, it is not hard to foresee the future of this policy having negative influence on the only-child’s different stages of age. Since the first generation of children under this policy have already reached their thirties and have become part of the mainstream society, these side effects have gradually impacted their lives. This research paper is trying to answer the following question: How did China’s one-child policy affect the city and countryside during the 20th century? While this question suggests many possible answers, this paper will argue that the one-child policy has caused...

Words: 3548 - Pages: 15

Free Essay

Danish Essay

...“It’s only me” I think the article was given the title “It’s only me” because many children think that they’re all alone and they are the only ones who are miserable. But in fact: they are not. They are not the only children who are being bullied, and they are not the only ones to feel neglected by their parents: they are not alone. But it may feel like it, and that needs to change. I see a clear pattern of the backgrounds, of the actions, the children who did a shooting. They should seek for help and not keep it all inside. The title is saying a lot about how many children feel sometimes. “I’m odd”, “I do not fit in” and “I am definitely the only one to fell like this” – actually they are not, they just don’t realise it and that’s one of the major problem in these cases. Andy Williams is not the only one to feel like this. I like the title, mostly because we all tried to have that feeling of being the “only one”/”the odd one” and it also make you realise a lot of thinks about how others may feel about actions you might make. If I had to choose another title, I would call it: “A cry for help”. It’s catchy and I think that’s what those children’s actions are based on: a cry for help. They want those things, which make them miserable, to stop. The first impression of the writer’s attitude, according to me, is that he makes you think of Andrew like “he was the one who started” or “he inspired others to do it” - but the further you read, he make you realise and points out;...

Words: 610 - Pages: 3