Employers and their managers have many responsibilities to both their clients and employees as well as the government and other stakeholders. One of the most important responsibilities is payroll. The number of hours employees work and other special perks must be clearly tracked and computed to determine how much money they are supposed to be paid at the end of the week or month. This task is nowadays handled by third parties and special payroll software. Visit this site for more information.
Tracking of employee dues starts at the entrance of the office or business premise, where biometric capture equipment are used to authenticate the identity of the user. Once the employee is logged in, a timer counts the number of hours worked until the employee logs out to go home at the end of the day, or to go for lunch among other things. These hours are multiplied by a predetermined rate to compute employee earnings for that day. At the end of the month, the St Louis payroll company will calculate the income tax payable by each employee for payment to the IRS.