payrolljärjestelmä
A payroll system, or payrolljärjestelmä in Finnish, is a process or software used by organizations to manage employee compensation. It involves calculating wages, salaries, deductions, and taxes, and then distributing payments to employees. The primary function of a payroll system is to ensure that employees are paid accurately and on time, while also complying with relevant tax laws and labor regulations.
Key components of a payroll system include tracking employee hours, calculating gross pay, subtracting statutory deductions
Implementing an effective payroll system is crucial for any business. It helps in maintaining employee satisfaction