Payroll Compliance
Payroll Compliance refers to the adherence to laws and regulations governing employee compensation. This includes ensuring that wages are paid accurately and on time, following federal and state labor laws, and meeting tax obligations. Employers must also keep detailed records of hours worked, overtime, and deductions to avoid legal issues.
Maintaining Payroll Compliance helps protect both employees and employers. Non-compliance can lead to penalties, fines, and legal disputes. By following the rules, businesses can foster a fair workplace, build trust with employees, and ensure smooth operations while minimizing risks associated with payroll errors.