This 5-page paper covers an example of a proposal to upper management about the necessity of a payroll database management system to manage checks and employees. Bibliography lists 2 sources.
Name of Research Paper File: D0_MTpayrma.rtf
Unformatted Sample Text from the Research Paper:
track payroll expenses. One challenge that this paper presents is that we dont know the size of the company, nor do we
know the employee makeup (i.e., contract workers versus permanent workers), nor are we familiar with benefits (such as health insurance) that might be withdrawn from the check.
For purposes of our paper, however, well assume that the company is a medium-size one, with approximately 100 employees (mostly full-time), and the standard benefits
deducted from the paycheck. Introduction Because were somewhat uncertain about what type of business this is, its suggested that the
fields for entry remain somewhat generic. These would include (obviously) the full names of the employed, their Social Security numbers, number of dependents claimed/withholding, addresses, jobs held, type of employee
(salaried, hourly or contract) and how much money each makes. The challenge here is that deductions are taken out in two ways - as a percentage of income (for taxes)
and as a fixed amount (for benefits). In this case, the programming and modules should incorporate both methods. Standards software such as
QuickBooks actually has this function that can be programmed automatically into the system for deduction of payroll taxes. In addition, the user can also move toward putting the amounts to
be deducted for benefits such as 401K or health insurance. One good suggestion for a database system might be similar to what
the Royal Bank of Canada initiated some years ago for its payroll processing. At the time it was constructed, the system took care of more than 10,000 payrolls across Canada