Payroll Manager Interview Questions and Answers

The number of registers maintained by an employer under Labour Laws varies depending on the specific laws and regulations of the country or region.

• The number of registers can range from a few to several, depending on the size and nature of the organization.

• Some common registers maintained by employers include attendance registers, wage registers, leave registers, and accident registers.

• The registers serve as a record of various aspects of employment, such as attendance, wages...read more

The minimum wages in Delhi and Haryana are determined by the respective state governments.

• Minimum wages in Delhi are set by the Delhi government's Minimum Wages Advisory Board.

• Minimum wages in Haryana are determined by the Haryana government's Labour Department.

• The minimum wages vary based on different categories of workers, such as skilled, semi-skilled, and unskilled.

• The minimum wages are revised periodically by the respective state governments.

• Employers are required to pay...read more

CTC stands for Cost to Company, which includes all expenses incurred by the company on an employee.

• CTC includes salary, bonuses, benefits, and any other perks provided by the company.

• It is the total amount spent by the company on an employee in a year.

• CTC helps employees understand the total value of their compensation package.

• Example: If an employee's CTC is $50,000, it means the company is spending that amount on the employee annually.

I primarily use ADP Workforce Now for payroll processing, reporting, and timekeeping.

• ADP Workforce Now for payroll processing

• Excel for data analysis and reporting

• Timekeeping software for tracking employee hours

Payroll involves several steps to ensure accurate and timely payment to employees.

• Collecting and verifying employee time and attendance data

• Calculating gross pay based on hours worked and pay rate

• Deducting taxes, benefits, and other withholdings

• Issuing paychecks or direct deposits

• Filing payroll taxes and other required reports

• Maintaining accurate payroll records