Breaking News

U.S. Government Payrolls

Latest Release

Apr 05, 2024

Actual

71.0K

63.0K

In a company, payroll is the sum of all financial records of salaries for an employee, wages, bonuses and deductions. In accounting, payroll refers to the amount paid to employees for services they provided during a certain period of time. Payroll plays a major role in a company for several reasons. From an accounting point of view, payroll is crucial because payroll and payroll taxes considerably affect the net income of most companies and they are subject to laws and regulations (e.g. in the US payroll is subject to federal and state regulations). From an ethics in business viewpoint payroll is a critical department as employees are responsive to payroll errors and irregularities: good employee morale requires payroll to be paid timely and accurately. The primary mission of the payroll department is to ensure that all employees are paid accurately and timely with the correct withholdings and deductions, and to ensure the withholdings and deductions are remitted in a timely manner. This includes salary payments, tax withholdings, and deductions from a paycheck.

Importance:

Country:

Currency: USD

Source: U.S. Bureau of Labor Statistic...

Release Date	Time	Actual	Previous
May 03, 2024 (Apr)	08:30		71.0K
Apr 05, 2024 (Mar)	08:30	71.0K	63.0K
Mar 08, 2024 (Feb)	09:30	52.0K	52.0K
Feb 02, 2024 (Jan)	09:30	36.0K	55.0K
Jan 05, 2024 (Dec)	09:30	52.0K	37.0K
Dec 08, 2023 (Nov)	09:30	49.0K	65.0K

News

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