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Hi Santosh,
I appreciate your kind help, I got ur point. So, inshort, its depends on the company itself to delegate this function to HR or Finance, no hard and fast rule for this. Is it......???
HR is their to formulate the compensation and benefit package for the employee, and Finance dpt have to maintain its record, as they are responsible for all the monetary trasctions, is it................???
Clear me, if i am wrong.
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HR Payroll.........!!!!!
Type: HR, Report if not a HR topic
Posted 22-04-2009Reply
Hello,
I am Wedged with one doubt,
Can anyone tell me, "HR Payroll" is a function of HR or Account. Few people says its a Account Function while other says its a HR Function.
Even now-a-days, I am searching some CV for Account, and in their profile also I am finding Payroll as their job role.
Can anyone through some light on it....?
Apprciate your help.
Regards
Priyanka
Hi Priyanka,
You are correct it's very confusing whether Payroll is a part of Finance of HR.
Strictly speaking it;s a prt of HR only. You have to see the entire Payroll process ... what it is ?
An employee has to be paid his/her salaries for the number of days he has worked in the organisation along with other pay commponents which varies from organisations to Orgaisations.
What components are to be paid, How much is to be paid, When to be paid, how to be paid id being decided and formulated by HR for the whole organisation. The people who are disbursing the payments and maitaining the record are from the Finance Department , so the confusion is there.
Take the example of SAP - HR Module. The HCM (Human Capital Management) Module of SAP inclueds payroll also.
It is also true that in most of the organisations, payroll is part of Fianance deparmtnet. So if in some CV your are finding Payroll as their job, no problem... they may be HR People given the job of Payroll also as it invlolves the work of time office also.
So you can decide yourself whether in your organisation Payroll should be a part of Finance or HR.
Santosh Gupta
You are correct it's very confusing whether Payroll is a part of Finance of HR.
Strictly speaking it;s a prt of HR only. You have to see the entire Payroll process ... what it is ?
An employee has to be paid his/her salaries for the number of days he has worked in the organisation along with other pay commponents which varies from organisations to Orgaisations.
What components are to be paid, How much is to be paid, When to be paid, how to be paid id being decided and formulated by HR for the whole organisation. The people who are disbursing the payments and maitaining the record are from the Finance Department , so the confusion is there.
Take the example of SAP - HR Module. The HCM (Human Capital Management) Module of SAP inclueds payroll also.
It is also true that in most of the organisations, payroll is part of Fianance deparmtnet. So if in some CV your are finding Payroll as their job, no problem... they may be HR People given the job of Payroll also as it invlolves the work of time office also.
So you can decide yourself whether in your organisation Payroll should be a part of Finance or HR.
Santosh Gupta
Hi Priyanka,
You are correct it's very confusing whether Payroll is a part of Fi... See Santosh Kumar's complete reply
You are correct it's very confusing whether Payroll is a part of Fi... See Santosh Kumar's complete reply
Hi Santosh,
I appreciate your kind help, I got ur point. So, inshort, its depends on the company itself to delegate this function to HR or Finance, no hard and fast rule for this. Is it......???
HR is their to formulate the compensation and benefit package for the employee, and Finance dpt have to maintain its record, as they are responsible for all the monetary trasctions, is it................???
Clear me, if i am wrong.
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