Payroll Essays (Examples)
Study Document
Manufacturing Systems In Automotive Industry
… facilitates both time and cost savings, making it possible for humans to concentrate on the strategic aspects (Boone, Kurtz, and Khan, 2019).
Employee Payroll
Automation of the employee payroll system implies that the processing is done within a system instead of manually. The latter is a process that is substantially slower and … and usually takes several days and has a greater likelihood of resulting in blunders as compared to an automated system. Automation of the payroll process brings about numerous benefits. First, calculations are done more precisely as all the distinctive points, including taxes, deductions, employee commissions will be … precisely as all the distinctive points, including taxes, deductions, employee commissions will be computed automatically and pinpoint the correct outcomes. Secondly, having digital payroll records rather than paper folders and files implies that there are time savings when accessing and auditing such documents. Third, there is a ……
References
References
Boone, L. E., Kurtz, D. L., & Khan, M. H. (2009). Contemporary business. Hoboken: John Wiley & Sons.
Chui, M., George, K., Manyika, J., Miremadi, M. (September 2017). Human + machine: A new era of automation in manufacturing. McKinsey & Company.
Deng, W., Luo, Q. (2012). Advanced Technology for Manufacturing Systems and Industry. New York: Pearson.
Groover, M. P. (2007). Fundamentals of modern manufacturing: materials processes, and systems. John Wiley & Sons.
HR Cloud. (2020). HR Automation - The Future of Human Resource Process Management. Retrieved from: https://kissflow.com/hr-process/
Joshi, V., Adhikari, M. S., Patel, R., Singh, R., Gehlot, A. (2018). Industrial Automation: Learn the current and leading-edge research on SCADA Automation. New Delhi: Pearson.
Krar, S. F., & Gill, A. (2003). Exploring advanced manufacturing technologies. Industrial Press, Inc.
Ladet, P., & Vernadat, F. (Eds.). (2013). Integrated manufacturing systems engineering. Springer.
Study Document
Enterprise Risk Management In Wells Fargo During The Pandemic
...Payroll Enterprise Risk Management in Wells Fargo during the Pandemic
Introduction
As Beasley (2020) points out, enterprise risk management (ERM) is especially needed during the COVID 19 pandemic because of the “number of different, but interrelated risks spread all across most organization” (p. 2). COVID 19 is not just a factor that has impacted one business or industry. It has impacted all businesses and all industries in different ways. Grocery chains like Kroger, for instance, have seen increased demand. Restaurants on the other hand have seen business dry up due to mandated quarantine orders. Small business owners and large corporations have filed for bankruptcy. All of this impacts the banking sector and Wells Fargo specifically because of its role in managing loan products, using interest rates to attract savers, and offering investment advice. “No single risk associated with the COVID-19 pandemic crisis can be managed in isolation,” as Beasley (2020) points……
References
References
Beasley, M. (2020). How to Leverage ERM Principles to Better Respond to COVID-19-Related Risks. ERM Professional Insights.
Derysh, I. (2020). Watchdog questions why Wells Fargo reported giving only one large PPP loan to a Black-owned business. Retrieved from https://www.salon.com/2020/07/22/watchdog-questions-why-wells-fargo-reported-giving-only-one-large-ppp-loan-to-a-black-owned-business/
English, C. (2020). Wells Fargo Forced to Cut Its Dividend After Fed Stress Test. Here’s What Other Banks Did. Retrieved from https://www.barrons.com/articles/wells-fargo-forced-to-cut-its-dividend-after-fed-stress-test-51593467664
Hall, J. (2007). Internal Auditing and ERM: Fitting in and Adding Value. Retrieved from https://global.theiia.org/about/about-the-iia/Public Documents/Sawyer_Award_2007.pdf
Kaplan, R. & Mikes, A. (2012). Managing risks: A new framework. Harvard Business Review, 3.
Lewis, M. (2010). The Big Short. NY: W. W. Norton.
Lundqvist, S. (2014). Abandoning Silos for Integration: Implementing Enterprise Risk Management and Risk Governance. Lund University.
Morgenson, G. (2020). More Wells Fargo customers say the bank decided to pause their mortgage payments without asking. Retrieved from https://www.nbcnews.com/business/personal-finance/more-wells-fargo-customers-say-bank-decided-pause-their-mortgage-n1234610
Study Document
Labor Market Wages And Income Inequality
...Payroll Abstract
This paper looks at the concepts of the labor market, wage growth and income inequality in the U.S. and discusses them in terms of inflation (caused by the injection of $4 trillion worth of liquidity into the financial markets by the Federal Reserve after the global economic crisis threatened to derail capitalism). It describes what has been written in three news articles in recent years and months, and discusses them with a view to showing that the “best economy ever”—as it is described by President Trump—should not be dependent upon a rate-cutting Fed. A good look at the labor market, wage growth and income inequality may help to explain why the president is so worried about the central bank maintaining loose monetary policy.
Introduction
While President Trump has often insisted that this is the best economy ever (BBC, 2019), there are signs that this might not be true—and those……
References
References
BBC. (2019). US economy under Trump: Is it the greatest in history? Retrieved from https://www.bbc.com/news/world-45827430
Bernstein, J. (2019). A tight job market is a potent force against inequality and wage stagnation. Retrieved from https://www.washingtonpost.com/outlook/2019/02/01/tight-job-market-is-potent-force-against-inequality-wage-stagnation/?utm_term=.0a531cf24efb
Cox, J. (2019). Private payroll growth tops estimates as job market shows signs of tightening. Retrieved from https://www.cnbc.com/2019/07/31/private-payrolls-up-156k-in-july-vs-150k-est-adpmoodys.html
Harwood, J. (2019). 5 reasons why income inequality has become a major political issue. Retrieved from https://www.cnbc.com/2019/06/05/5-reasons-income-inequality-has-become-a-major-political-issue.html
Study Document
Policy On Shift Swapping
...Payroll Policy on Shift Swapping
Shift swapping is a common practice in modern workplaces both in the public and private sectors. Organizations including federal agencies have established shift swapping policies through which employees engage in shift swap. This practice has positive impacts as it enhances employee retention and performance. Generally, shift swapping provides a framework for hourly workers to shift their working hours in order to response to pressing issues such as family responsibilities (Disselkamp, 2013). In addition to enhancing employee retention and performance, shift swapping also contributes to workplace flexibility. For this federal agency, shift swapping is a common practice for part- and full-time employees. However, some full-time employees have abused the policy, which has resulted in significant negative impacts such as the recent incident of a part-time employee who was injured at the workplace following shift swap. This report examines the timecard scandal and abuse of the agency’s shift……
References
References
Bowen, G.A. (2009). Document Analysis as a Qualitative Research Method. Qualitative Research Journal, 9(2), 27-40. DOI: 10.3316/QRJ0902027
Disselkamp, L. (Ed.). (2013). Workforce Asset Management Book of Knowledge. Hoboken, NJ: John Wiley & Sons.
Golden, L. (2015, April 9). Irregular Work Scheduling and Its Consequences. Retrieved May 20, 2020, from https://www.epi.org/publication/irregular-work-scheduling-and-its-consequences/
Paychex. (2019, November 13). How to Manage and Minimize Trading Shifts at Work. Retrieved May 12, 2020, from https://www.paychex.com/articles/payroll-taxes/how-to-manage-and-minimize-trading-shifts-at-work
Study Document
Single Payer Or Universal Health Care
...Payroll In Favor of Single Payer Health Care
The American health care system is broken. On this much, almost everybody can agree. Costs are spiralling out of control, health outcomes are among the worst of all developed countries, and nobody can agree on what will make it better. One of the reasons for this disagreement is that different stakeholders fail to agree on what the purpose of the health care system should be. If the purpose is to be a for-profit industry, well, then the industry needs to be set up to earn profits. But the view taken in most parts of the world is that health care serves a greater purpose. Whether this is to provide a high standard of living for people in a country for its own sake, or because healthy populace is better for the economy, such finer points can be debated. But what cannot be debated……
References
References
Christopher, A. (2016) Single payer healthcare: Pluses, minuses, and what it means for you. Harvard Health Publishing. Retrieved April 7, 2019 from https://www.health.harvard.edu/blog/single-payer-healthcare-pluses-minuses-means-201606279835
Ivers, N., Brown, A., Detsky, A. (2018) Lessons from the Canadian experience with single-payer health insurance. JAMA Internal Medicine Vol. 178 (9) 1250-1255.
PNHP (2019) About single payer. Physicians for a National Health Program. Retrieved April 7, 2019 from https://pnhp.org/what-is-single-payer/
Study Document
Project Management Plan To Upgrade Hospital Equipment
...Payroll 1. INTRODUCTION
This project plan is for a hypothetical struggling hospital in the NY Metropolitan area. The hospital is on the verge of bankruptcy but is the only pediatric hospital in the area. It also boasts of some of the most innovative researchers and physicians in the country. The walls are peeling, some of the equipment is outdated, and staff morale is low. As the consultant project manager, I intend to focus on identifying and replacing the outdated equipment, raising the required funds using appropriate strategies.
1.1 Purpose of Project Management Plan
The purpose of the Hospital Equipment Upgrade (HEU) PMP is to identify all outdated equipment in the target hospital, develop a plan of how this equipment will be replaced, and identify the source of the funds required for this purpose.
2. EXECUTIVE SUMMARY OF PROJECT CHARTER
Hospitals in the U.S. lose a total of $8.3 billion a year……
References
References
Healthcare Business. (2013, May 15). Report: Hospitals waste billions using outdated technology. Retrieved from Health Care Business Tech: http://www.healthcarebusinesstech.com/outdated-technology-wastes-money/
Lee, J. (2016, April 14). Top five risks of using outdated technology. Retrieved from Meridian: http://www.whymeridian.com/blog/top-5-risks-of-using-outdated-technology
Moran, W. J. (2019). Hospital Fundraising Best Practices. Retrieved from The Moran Company: https://morancompany.com/hospital-fundraising-best-practices/
Parand, A., Dopson, S., A. R., & Vincent, C. (2014). The role of hospital managers in quality and patient safety: a systematic review. BMJ Open.
Pohjola, T., Suhonen, M., Mattila, K., & Meretoja, R. (2016). The work done in healthcare projects . Journal of Nursing.
Ponemon Institute. (2013). The Economic and Productivity Impact of IT Security on Healthcare. Imprivata.
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