payroll


payroll
payroll pay‧roll [ˈpeɪrəʊl ǁ -roʊl] noun
1. [countable, uncountable] ACCOUNTING the total amount of wages paid to all the people working in a particular company or industry:

• The company has cut its total payroll by 7% since the merger.

• More than half the state budget goes to payroll and only 11% to public works.

2. [uncountable] HUMAN RESOURCES the activity of managing wage and salary payments for employees:

• The Human Resources Department is responsible for payroll administration.

3. be on the payroll HUMAN RESOURCES to be employed by a particular company:

• Under the plan, every employee on the payroll can buy 100 shares at $127.25 each.

* * *

payroll UK US /ˈpeɪrəʊl/ noun
[C] HR a list of the employees of a company showing how much each one earns: »

The company is growing fast, and increasing the number of staff on its payroll.

[C] HR, ECONOMICS the total number of people employed by a company, or in an economy: »

The reduction in temporary hiring has led to the second successive month of falling payrolls.

[C, usually singular, or U] ACCOUNTING the total amount of money paid to the employees of a particular company: »

payroll costs

»

They operate with a strict $80 million payroll.

»

On average, firms pay 10.45% of payroll into final salary pensions.

»

The first thing the company must do to get out of trouble is to cut its payroll.

[U] HR the activity of managing the money that is paid to employees: »

payroll administration/records/system

»

His work is to manage the billing and payroll.

be on the payroll — Cf. be on the payroll

Financial and business terms. 2012.

Look at other dictionaries:

  • payroll — noun allowance, compensation, disbursement of salary, employees earnings, employees salaries, labor expense, list of paid employees, list of salaried employees, list of wages to be paid out, payment, payment for services, recompense, remuneration …   Law dictionary

  • payroll — (n.) 1740, from PAY (Cf. pay) (v.) + ROLL (Cf. roll) (n.); total amount paid to employees over a period, hence, via records keeping, list of employees receiving pay …   Etymology dictionary

  • payroll — ► NOUN ▪ a list of a company s employees and the amount of money they are to be paid …   English terms dictionary

  • payroll — ☆ payroll [pā′rōl΄ ] n. 1. a list of employees to be paid, with the amount due to each 2. the total amount needed, or the money on hand, for this for a given period …   English World dictionary

  • Payroll — In a company, payroll is the sum of all financial records of salaries, wages, bonuses and deductions.PaycheckA paycheck, or pay cheque in English, is traditionally a paper document issued by an employer to pay an employee for services rendered.… …   Wikipedia

  • payroll — pay|roll [ˈpeırəul US roul] n 1.) on the payroll if someone is on the payroll of a company, they are employed by that company ▪ The company now has 350 people on the payroll. 2.) [U] the activity of managing salary payments for workers in a… …   Dictionary of contemporary English

  • Payroll — The sum total of all compensation that a business must pay to its employees for a set period of time or on a given date. Payroll is usually managed by the accounting department of a business. Small business payrolls may be handled directly by the …   Investment dictionary

  • payroll — n. 1) to meet (esp. AE) a payroll 2) a monthly; weekly payroll * * * [ peɪrəʊl] weekly payroll a monthly to meet (esp. AE) a payroll …   Combinatory dictionary

  • payroll — UK [ˈpeɪˌrəʊl] / US [ˈpeɪˌroʊl] noun [countable] Word forms payroll : singular payroll plural payrolls 1) a list of all the people that a company employs and the money that each of them earns 2) the number of people employed by a company… …   English dictionary

  • payroll — pay|roll [ peı,roul ] noun count 1. ) a list of all the people that a company employs and the money that each of them earns a ) on the payroll employed by a particular company: They have approximately 100 employees on the payroll. 2. ) the total… …   Usage of the words and phrases in modern English