Question

What decisions need to be made in the payroll cycle, and what information is needed to make these decisions in the human resources management (HRM).

Answer 1

Following decisions are to be made in a payroll cycle:

1. New hirings;

2. Termination;

3. Promotions;

4. Change in pay rates of current employees;

5. Change in discretionary withholdings;

6. Amount to be expended on recreational activities for employees

The baove decisions could be made with the help of the following information:

1. Employee's attendace data;

2. Employee's check-in and check-out data;

3. Employee's job profile and current assignments;

4. Employee's feedback from peers and seniors;

5. Resource requirement in a particular department;