WAGE CLERK Meaning and
Definition
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A wage clerk is an individual who is responsible for maintaining accurate records and calculations pertaining to employee salaries and wages within an organization. This clerical role typically falls under the human resources or payroll department.
The primary duty of a wage clerk is to compile, input, and process relevant employee information, such as hours worked, overtime, bonuses, and deductions. They meticulously review and verify timesheets, ensuring that all entries are accurate in order to facilitate the correct calculation of wages. Additionally, a wage clerk is entrusted with handling confidential employee data and maintaining its security.
Wage clerks are typically proficient in using payroll software or spreadsheets to manage employee compensation. They are adept at calculating gross wages and taking into account necessary alterations, including taxes, pensions, insurance contributions, and other deductions. They must have a keen eye for detail to identify discrepancies and rectify any potential errors, such as incorrect hours logged or missing information.
Furthermore, a wage clerk may be responsible for generating pay slips or statements, preparing payroll reports for management, and responding to employee inquiries related to their pay. Attention to deadlines and compliance with applicable labor laws and regulations is crucial to ensure accurate and lawful remuneration.
Overall, a wage clerk plays a vital role in maintaining the financial integrity of an organization by ensuring that employees are paid accurately and promptly, while upholding confidentiality and adhering to legal requirements.
Common Misspellings for WAGE CLERK
- qage clerk
- aage clerk
- sage clerk
- eage clerk
- 3age clerk
- 2age clerk
- wzge clerk
- wsge clerk
- wwge clerk
- wqge clerk
- wafe clerk
- wave clerk
- wabe clerk
- wahe clerk
- waye clerk
- wate clerk
- wagw clerk
- wags clerk
- wagd clerk
- wagr clerk
Etymology of WAGE CLERK
The word "wage clerk" is composed of two parts: "wage" and "clerk".
1. Wage: The term "wage" dates back to Middle English (around the 14th century) and is derived from the Old English word "wæge", which means "payment" or "compensation". is related to the Old Norse word "veg", which also means "pay" or "wages".
2. Clerk: The word "clerk" is borrowed from the Old English word "cler(e)c". originated from the Late Latin word "clericus", which referred to a scholar or clergyman. Over time, the term evolved to mean someone employed to keep records, maintain accounts, and perform administrative tasks.
Combining these two words, "wage clerk" refers to an individual responsible for maintaining records of wages, salaries, and other financial compensation within an organization.
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