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Payroll Processing:
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Overseeing the end-to-end payroll process, including calculating employee wages, overtime, bonuses, and other compensation.
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Ensuring accurate and timely payment of salaries to employees.
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Tax Compliance:
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Staying updated on tax laws and regulations related to payroll.
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Ensuring accurate and timely submission of payroll taxes and other statutory deductions.
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Benefit Administration:
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Managing and administering employee benefits, including health insurance, retirement plans, and other fringe benefits.
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Coordinating with benefits providers and ensuring accurate deductions.
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Record Keeping:
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Maintaining accurate and organized payroll records.
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Ensuring confidentiality and security of payroll information.
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Payroll Audits:
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Conducting regular audits of payroll records to ensure accuracy and compliance.
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Addressing and correcting discrepancies identified during audits.
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Compliance with Labor Laws:
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Ensuring compliance with local, state, and federal labor laws.
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Implementing policies and procedures to meet legal requirements.
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New Hire and Termination Processing:
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Managing the payroll aspects of onboarding new employees.
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Processing final paychecks and managing the payroll implications of employee terminations.
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Payroll Systems Management:
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Overseeing the implementation and maintenance of payroll software and systems.