ADDS PAYROLL Meaning and
Definition
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"Adds payroll" is a term used in business and finance, particularly in the context of human resources and accounting. It refers to the process of increasing the amount of money allocated to employee salaries and wages within a company.
When a company "adds payroll," it means that they are taking steps to increase the compensation allotted for their employees. This could include actions such as giving pay raises, hiring new staff members, or increasing the hours or responsibilities of current employees. These decisions are typically made based on factors like company growth, financial stability, market trends, or the need to attract and retain talented individuals.
Adding payroll is important for companies as it affects both the financial well-being of employees and the overall financial health of the organization. It is a way for companies to invest in their workforce and motivate employees by recognizing their contributions. Additionally, adding payroll can also signify an expanding operation or a positive outlook for the company.
However, it is crucial for businesses to carefully assess their ability to sustain increased payroll expenses, as it directly impacts their profitability and financial obligations. Proper financial planning and analysis are essential to ensure that added payroll costs do not lead to negative consequences like budget shortfalls or financial strain.
Overall, "adds payroll" is a term that signifies the intentional increase in employee compensation by a company, aiming to support growth, employee satisfaction, and overall operational success.
Common Misspellings for ADDS PAYROLL
- zdds payroll
- sdds payroll
- wdds payroll
- qdds payroll
- asds payroll
- axds payroll
- acds payroll
- afds payroll
- ards payroll
- aeds payroll
- adss payroll
- adxs payroll
- adcs payroll
- adfs payroll
- adrs payroll
- ades payroll
- adda payroll
- addz payroll
- addx payroll
- addd payroll
Etymology of ADDS PAYROLL
The phrase "adds payroll" does not have a specific etymology of its own, as it is a combination of two common words.
- "Add" comes from Middle English "adden" which is derived from Old English "adde(n)" meaning "to join" or "to unite".
- "Payroll" comes from the combination of "pay" (from Middle English "payen", meaning "to satisfy" or "to give money") and "roll" (meaning a list or register of individuals).
Therefore, "adds payroll" simply means the act of including or incorporating individuals into a list or register for the purpose of paying them.
