I would like to know about the payroll process. In an organization where HR is a two-member team - the HR Manager and the HR Head - the HR Manager prepares the payroll for Executives and below, while the HR Head does so for Managers and above. For the payroll processing of Executives and below, a maker-checker process is followed, as the HR Head approves the payroll. However, for the payroll processing of Managers and above, there is an issue. The HR Head prepares the payroll, reviews it, and the Managing Director approves it.
Is the process fine? I would like to have your views and opinions.
Warm regards.
From United States, Palo Alto
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Is the process fine? I would like to have your views and opinions.
Warm regards.
From United States, Palo Alto
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As long as confidentiality is maintained within the HR team, even the HR manager can process the entire payroll for both executives and managers. The HR head can then review and send it to the MD for final approval.
You can also follow the below pattern for payroll. Let the HR Manager process payroll for Executives and HR Head for Managers. Then you both can cross-check or do an audit of each other's payroll in case of any errors and then send the final file for the MD's approval. This will increase your accuracy percentage as well.
From India, Mumbai
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7You can also follow the below pattern for payroll. Let the HR Manager process payroll for Executives and HR Head for Managers. Then you both can cross-check or do an audit of each other's payroll in case of any errors and then send the final file for the MD's approval. This will increase your accuracy percentage as well.
From India, Mumbai
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The first process mentioned here is the most common process of payroll.
From India, Mumbai
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From India, Mumbai
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Here’s a sample of payroll in the Philippines: Payroll sample
From Philippines, Iloilo City
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From Philippines, Iloilo City
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