Question

What are the items (pay period details) that can be used to calculate the amount owing to employees? List and describe five

(PLEASE NOTE: AUSTRALIAN)

Answer 1

1) Biometric solutions to capture the attendance of employees. Swipe card system can be misused and so biometric solutions are best suited for attendance.

2) Leave details should be approved by the bosses before the payroll cycle. Reason for absentism should be captured.

3) Declaration from employees for employee reimbursements, other additions to salary like Leave Travel Allowance, medical reimbursement etc. should be reaching payroll as per the payroll cycle.

4) Annual investment proofs like insurance policies, donations made etc. should reach payroll as per the payroll cycle.

5) Intimation for group insurance premium deductions for self and family members should be received as per the payroll cycle.

6) Performance evaluation forms filled by the bosses should reach payroll department in order to avail performance incentives.