Examples of payroll in a Sentence
They cut him from their payroll.
He's the manager of a baseball team with a $50 million payroll.
Businesses are keeping their payrolls low by embracing new technologies.
Recent Examples of payroll from the Web
Meanwhile, private businesses added 237,000 jobs in August with broad gains across several industries including construction, manufacturing and leisure and hospitality, according to a survey by payroll processor ADP.
Traditionally, restaurants really only had control over food costs and payroll.
The Chiefs already have Smith’s replacement on the payroll and next to him in the quarterback room.
Between March 2013 and September 2015, Bautista signed bi-weekly school payroll records containing Joseph’s work hours, investigators say.
The emails ask payroll or human resources departments to reply with a list of all employees and their W-2 forms.
Mr. Ivanov, who retired early last year, could not be reached for comment about whether Mr. Akhmetshin was on the Russian government’s payroll.
Despite fears that the state might be losing momentum, California's economy accelerated in July as employers added nearly 82,600 jobs to their payrolls.
Six of the other nine postseason teams had payrolls in the top 10.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'payroll.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
First Known Use of payroll
Financial Definition of PAYROLL
What It Is
Payroll is the total of the compensation a company pays to its employees. In the accounting world, it is also a term used for calculating and processing paychecks (as in, "doing payroll").
How It Works
On the income statement, payroll expenses are part of labor costs. They include employee salaries, employer payments for health insurance or similar benefits, payroll taxes paid by the employer, bonuses, commissions and similar expenses.
Doing payroll is a complicated process that involves ensuring that every employee is paid correctly, calculating the appropriate payroll taxes (which can vary with the employee's salary, whether he or she has hit the Social Security cap for the year, etc.), and correctly deducting miscellaneous items (such as court-ordered child support, gym memberships or 401(k) contributions).
Why It Matters
Payroll is a major expense for most companies and is the primary component of labor cost. Labor costs vary by industry, and comparing companies in different industries should be done with this in mind.
In the accounting world, doing payroll is a crucial but often thankless job. The calculations must always be accurate, the paychecks must be printed on time, new and departing employees must be added to or deleted from various processes, and the taxes must be remitted to the proper authorities on time and in the correct amount. As soon as the process ends, it begins again. Many companies outsource some of the work.
PAYROLL Defined for English Language Learners
Definition of payroll for English Language Learners
: a list of the people who work for a company and the amount of money that the company has agreed to pay them
: the total amount of money that a company pays to all of its employees
PAYROLL Defined for Kids
Definition of payroll for Students
Seen and Heard
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