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compliance
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@@ -87,3 +87,22 @@ must therefore ensure the organization is compliant with all stakeholder require
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What are the Responsibilities of Payroll Function?
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What are the Responsibilities of Payroll Function?
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The responsibilities of the payroll practitioner will differ depending on the size of the
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organization, the number of jurisdictions in which they pay, the reporting structure under
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which they work, and whether there are other related departments, such as human resources,
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finance and administration in the organization.
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Small and medium-sized organizations may have payroll practitioners whose positions
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include other functions that, in a larger organization, would fall under other departments.
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This payroll practitioner may be required to handle multiple tasks, such as employee
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recruitment, human resource policy development, benefits administration, accounts payable,
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accounts receivable, budgets and/or administration. These practitioners must have excellent
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knowledge of all areas for which they are responsible and be aware of the resources available
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to provide advice and information.
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Larger organizations may have a distinct payroll department with specific payroll positions,
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in addition to separate human resources, accounting and administration groups. Even in a
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multi-departmental organization, payroll practitioners must have knowledge of the various
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stages of the life cycle of an employee. From hiring through termination of employment,
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many of these stages will impact how to produce the employee's pay and prepare required
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reports.
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