MightyRecruiterWage and salary administration is a collection of practices and procedures used for planning and distributing company-wide compensation programs for employees. These practices include employees at all levels and are usually handled by the accounting department of a company. Wage and salary administration procedures usually involve activities such as calculating the number of hours worked in order to determine compensation, administering employment benefits, and answering payroll questions from employees. At the majority of companies and organizations, wages are usually dispersed to all employees on a specific date. The workers in charge of salary administration may also be charged with ensuring that the company adheres to federal and local compensation laws.
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