Payroll and Timekeeping Clerks

About the Role

Payroll and timekeeping clerks are responsible for managing employee compensation records and ensuring accurate calculation of wages.

Other Common Titles

  • Payroll Clerk
  • Compensation Clerk
  • Timekeeping Specialist
  • Payroll Administrator
  • Wage Clerk

Typical Tasks

  • Collect and verify employee timecards and attendance records.
  • Calculate wages, deductions, and overtime pay.
  • Process payroll on a regular schedule (weekly, bi-weekly, etc.).
  • Prepare and distribute payroll reports to management.
  • Address and resolve employee payroll inquiries and issues.
  • Maintain accurate employee payroll records and files.
  • Ensure compliance with federal, state, and local payroll regulations.
  • Assist in audits related to payroll and employee compensation.

Notable People

  • John D. Rockefeller As a pioneering figure in the oil industry, Rockefeller's approach to employee compensation and timekeeping set standards for payroll practices in large organizations.
  • Henry Ford Ford revolutionized labor practices by implementing standardized worker payments and a timekeeping system that improved payroll efficiency.

Recommended Resources

  • Payroll Management: A Comprehensive Guide

    This book provides detailed insights into managing payroll processes effectively and understanding legal regulations.

  • Payroll Guru Podcast

    A podcast focused on payroll management, offering advice and interviews with industry experts.

  • IRS Payroll Resources

    The IRS website provides essential information on tax regulations concerning payroll for businesses.

  • National Payroll Institute

    An organization offering training and certification for payroll professionals, along with resources for career development.