Payroll

A payroll is a company's list of its employees, but the term is commonly used to refer to:

  • the total amount of money that a company pays to its employees
  • a company's records of its employees' salaries and wages, bonuses, and withheld taxes
  • the company's department that calculates and pays these.
  • Payroll in the sense of "money paid to employees" plays a major role in a company for several reasons.

    From an accounting perspective, payroll is crucial because payroll and payroll taxes considerably affect the net income of most companies and because they are subject to laws and regulations (e.g. in the US, payroll is subject to federal, state, and local regulations).

    From a human resources viewpoint, the payroll department is critical because employees are sensitive to payroll errors and irregularities: Good employee morale requires payroll to be paid timely and accurately. The primary mission of the payroll department is to ensure that all employees are paid accurately and timely with the correct withholdings and deductions, and that the withholdings and deductions are remitted in a timely manner. This includes salary payments, tax withholdings, and deductions from paychecks.

    Payroll (film)

    Payroll is a 1961 British crime thriller starring Michael Craig and Françoise Prévost. Directed by Sidney Hayers, it was based by screenwriter George Baxt on a novel by Derek Bickerton. The story is about a gang of villains who stage a wages robbery that goes disastrously wrong.

    Plot

    Four crooks (Johnny Mellors, Monty, Blackie and Bert) plan and execute a robbery on a payroll van, using the inside knowledge of Dennis Pearson, who works as an accountant at the firm concerned. Pearson is under pressure to support his wife Katie (Françoise Prévost) who demands a higher standard of living. However, the van driver, Harry Parker, is killed during the heist, whilst Bert is fatally wounded by Parker's colleague Frank Moore. Nevertheless, the gang manage to get away with £100,000.

    Having found out that Pearson was the 'inside man', Parker's widow Jackie (Billie Whitelaw) starts posting threatening letters to him. Katie in the meantime has become involved with Johnny, hoping to get some of the money for herself. As the gang start to argue amongst themselves, they are pursued by both Katie and Jackie. The climax takes place in Norfolk, with Johnny and Katie double-crossing each other and Jackie tracking Johnny in her bid for revenge.

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