Below, I depict on the Y-axis the change in payroll jobs. On the x-axis the average growth in payroll jobs in the three months preceding that month. The red line is the average growth in the three months preceding July 2011. This joint distribution may give an idea of what to expect from this month's payroll figures.
Payroll is often used as a way to save money on employee management and administrative costs. Outsourcing payroll processing, tax management and other functions can result in significant savings for an employer.
ReplyDeleteA deep insight, to be sure.
ReplyDeleteI want to know more about payroll software. I have never used it but it's so much popular for making the calculations and money management very easy.
ReplyDeletePay rolling can only be efficient if an agency to which it is being outsourced provides some high standards in reliability of the calculation for the client firm.
ReplyDelete