Payroll Specialist Question:

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Tell me what all functions are involved in Payroll?

Payroll Specialist Interview Question
Payroll Specialist Interview Question

Answer:

Functions involved in Payroll involves,

☛ Balancing and reconciling payroll data
☛ Delivers payroll checks
☛ Depositing and reporting taxes
☛ Wage deductions
☛ Record keeping and verifying the reliability of pay data
☛ Maintains compliance with tax laws
☛ Records paperwork for new hires
☛ Edits existing employee files.
☛ Calculating reimbursements, bonuses, overtime and holiday pay

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Tell me what you need to do in order to pay a new employee?While payroll is pretty much the same from company to company, each firm tends to have its own quirks and ways of doing things that are a bit different from every other company. Describe how you would familiarize yourself with our particular system?