Payroll Specialist Interview Questions and Answers

Key legislative aspects of payroll in the UK include minimum wage laws, tax regulations, and pension auto-enrollment.

• Minimum wage laws dictate the minimum amount employers must pay their employees, currently set at £8.91 per hour for workers aged 23 and over.

• Tax regulations require employers to deduct income tax and National Insurance contributions from employees' pay and report this to HM Revenue & Customs (HMRC).

• Pension auto-enrollment mandates that employers automatically ...read more

The major strength of payroll processing is its accuracy and efficiency.

• Accurate calculation and distribution of employee wages

• Efficient handling of tax deductions and withholdings

• Timely processing of payroll to ensure employees are paid on time

• Ability to generate detailed reports for auditing and analysis

• Integration with HR and accounting systems for seamless data flow

Randstad has evolved from a small Dutch staffing agency to a global HR services provider.

• Founded in 1960 in the Netherlands

• Expanded to other countries in the 1970s and 1980s

• Acquired several staffing and HR companies, including Vedior and Monster Worldwide

• Offers a range of HR services, including staffing, recruitment, and consulting

• Has over 38,000 employees and operates in 38 countries

I prefer commuting by public transportation for its convenience and environmental benefits.

• I prefer public transportation for its convenience and cost-effectiveness

• I enjoy reading or listening to music during my commute

• Public transportation helps reduce my carbon footprint

• I find public transportation less stressful than driving in traffic

We use ADP Workforce Now for payroll processing.

• ADP Workforce Now is a comprehensive payroll software that offers features like time and attendance tracking, tax management, and reporting.

• It allows for easy calculation and distribution of employee salaries, bonuses, and benefits.

• ADP Workforce Now also integrates with other HR systems, making it efficient for managing employee data and payroll information.

• Some other popular payroll software options include Gusto, Paychex, and ...read more

To calculate one day salary, divide the monthly salary by the number of working days in a month.

• Divide the monthly salary by the number of working days in a month

• For example, if the monthly salary is $3,000 and there are 22 working days in a month, the one day salary would be $136.36 ($3,000 / 22)