In staffing their offices, some firms encourage inhouse referrals

Question:

In staffing their offices, some firms encourage in-house referrals (recommendations of their present employees). What are some possible objections to this practice as a means of obtaining job applicants? What advantages may be realized by the firm that uses in-house referrals?

Answer:

Procedures of Payroll Accounting System

A payroll accounting system consists of series of procedures for disbursing pay to the employees. They are:

• Recording of actual hours worked or units produced.

• Computation of gross pay, deductions thereof, and net pay.

• Upgrading payroll register.

• Preparation of pay checks.

• Preparation and maintenance of all pay deductions, employees earning records, accounting book for payroll amount, and various payroll reports.

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.