{"id":1131,"date":"2019-07-01T15:08:13","date_gmt":"2019-07-01T15:08:13","guid":{"rendered":"https:\/\/sage-new-clone.local\/en-au\/blog\/?post_type=sage_glossary&p=1130"},"modified":"2026-05-18T23:55:19","modified_gmt":"2026-05-18T13:55:19","slug":"what-is-payroll","status":"publish","type":"sage_glossary","link":"https:\/\/www.sage.com\/en-au\/blog\/glossary\/what-is-payroll\/","title":{"rendered":"What is payroll?"},"content":{"rendered":"
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\n\t\t\t\t\t\t\tGlossary definition<\/a>\t\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t
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\n\t\t\t\t\t\tWhat is payroll?\t\t\t\t\t<\/h1>\n\t\t\t\t<\/div>\n\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n\t\t
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Payroll<\/h2>\n\n\n\n

Payroll typically refers to the compensation awarded to employees for their work at a company. This includes salaries, wages, benefits, and overtime. Recorded as an expense, payroll is often one of the largest expenses a company has.<\/p>\n\n\n\n

Keeping an accurate record and ensuring payroll is operating smoothly<\/a> is of utmost importance for most companies. For this reason, companies often outsource payroll, meaning they utilise a third-party payroll service to handle payroll matters. Other options for managing payroll are to handle it manually, in-house, or through the use of payroll software<\/a>.<\/p>\n\n\n\n

Depending on context, individuals often define payroll in different terms. A broader payroll definition includes the actual department in charge of employee remuneration and may refer simply to a company\u2019s list of paid employees or the records of such compensation.<\/p>\n\n

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Browse more topics from this term<\/h3>\n\t\t\t<\/div>\n\t\t\t
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