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Payroll Lesson #1

Essay by   •  July 16, 2012  •  Study Guide  •  418 Words (2 Pages)  •  5,360 Views

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1= summarize the procedure followed by the human resources department in hiring new employees

1- Receive request for new employee

2- Examine applications

3- Interview applicants

4- Administer tests

5- Check references

6- Select and notify successful applicant

7- Prepare personnel file

8- Send information to the payroll dept

2=Describe the procedures that are usually included in a typical payroll accounting system?

1- Record hours worked or units produced

2- Compute gross pay, deductions and net pay

3- Complete the payroll register

4- Prepare paycheck/direct deposit

a. Maintain payroll deduction records

b. Update ee earnings records

c. Prepare various payroll reports

d. Record payroll in account records

3=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?

Objections: If there is an incentive for a current employee to refer someone for employment it could be that they do so just to receive the incentive and the prospective employee could not be a trustworthy person or a hardworker. Or it could also be a family member or even a spouse and if the current employee and prospective employee should have any kind of falling out it could possibly effect their work.

Advantages: If a current employee were to refer a prospective employee it would be to the current employees benefit to have someone who had strong morals and a good work ethic, the current employee would benefit by having a coworker they can rely on as well as find favor with the company for referring a trustworthy candidate.

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?

Objections: If there is an incentive for a current employee to refer someone for employment it could be that they do so just to receive the incentive and the prospective employee could not be a trustworthy person or a hardworker. Or it could also be a family member or even a spouse and

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