Payroll: meaning, definitions and examples
💵
payroll
[ ˈpeɪˌroʊl ]
business management
Payroll refers to the process by which employers compensate their employees for work performed. It involves calculating wages, withholding taxes, and distributing payments. The payroll process can vary in complexity depending on the size of the organization and the employment regulations in place. Proper management of payroll is crucial for maintaining employee satisfaction and ensuring compliance with financial laws.
Synonyms
payment schedule, salary list, wage sheet.
Examples of usage
- The finance department is responsible for managing the payroll.
- He reviewed the payroll to ensure all employees were paid accurately.
- Our company switched to an automated payroll system last year.
- Every month, we have to submit the payroll reports to the government.
Translations
Translations of the word "payroll" in other languages:
🇵🇹 folha de pagamento
🇮🇳 पे-रोल
🇩🇪 Lohnabrechnung
🇮🇩 penggajian
🇺🇦 зарплатна відомість
🇵🇱 lista płac
🇯🇵 給与
🇫🇷 paie
🇪🇸 nómina
🇹🇷 maaş bordrosu
🇰🇷 급여
🇸🇦 كشف الرواتب
🇨🇿 mzdová agenda
🇸🇰 mzda
🇨🇳 工资单
🇸🇮 plača
🇮🇸 launaskrá
🇰🇿 жалақы тізімі
🇬🇪 ხელფასების ჩამონათვალი
🇦🇿 məzuniyyət siyahısı
🇲🇽 nómina
Etymology
The term 'payroll' originated in the early 20th century, combining the words 'pay' and 'roll'. The word 'pay' comes from the Old French 'paier', meaning 'to satisfy' or 'to pay off', which itself is derived from the Latin 'pacare', meaning 'to pacify'. The word 'roll' in this context refers to a list or a register of names, a term also taken from the Old French 'rolle'. Early payroll systems were primarily manual, and records were maintained on paper rolls or lists, detailing what was owed to each employee. Over time, with the development of accounting practices and the rise of computer technology, payroll systems became more sophisticated, leading to the creation of automated payroll software and processes.
Word Frequency Rank
At #6,935 in frequency, this word belongs to advanced vocabulary. It's less common than core vocabulary but important for sophisticated expression.
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- 6932 amusement
- 6933 enlargement
- 6934 scanned
- 6935 payroll
- 6936 saturation
- 6937 premature
- 6938 bankrupt
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