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What Is Payroll? | HR Glossary | BambooHR

The process of calculating and paying employees' wages, along with related tax and deductions.

Payroll is the function that calculates what each employee is owed, applies the correct tax and other deductions, and ensures people are paid accurately and on time.

It is one of the most sensitive HR processes: errors quickly erode trust and can breach legal obligations, while timely, accurate pay is fundamental to the employment relationship.

Integrating payroll with an HRIS reduces manual re-keying, cuts errors and keeps records consistent across pay, leave and personal data.

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