Definitions
- Referring to a list of employees and their attendance records. - Describing the process of verifying attendance and calculating wages. - Talking about a document used to keep track of employee hours and payments.
- Referring to the total amount of money a company pays its employees. - Describing the process of calculating and distributing employee wages. - Talking about a system or department responsible for managing employee salaries.
List of Similarities
- 1Both involve employee compensation.
- 2Both are related to tracking and managing employee payments.
- 3Both are used in the context of human resources and accounting.
- 4Both are essential for ensuring accurate and timely payment to employees.
What is the difference?
- 1Focus: Checkroll focuses on individual employee attendance and hours worked, while payroll focuses on the overall payment process and total amount paid to employees.
- 2Usage: Checkroll is more commonly used in British English, while payroll is more commonly used in American English.
- 3Scope: Checkroll refers to the specific document or list used to track employee attendance and calculate wages, while payroll can refer to the entire process, system, or department responsible for managing employee salaries.
- 4Responsibility: Checkroll is often prepared by the HR department or supervisors, while payroll is typically managed by a dedicated payroll department or team.
- 5Frequency: Checkroll may be prepared on a daily, weekly, or monthly basis depending on the company's needs, while payroll is usually processed on a regular schedule, such as biweekly or monthly.
Remember this!
Checkroll and payroll are both terms used in the context of employee compensation and payment. However, there are some differences between the two. Checkroll refers to a document or list used to track employee attendance and calculate wages, while payroll encompasses the entire process, system, or department responsible for managing employee salaries. Additionally, checkroll is more commonly used in British English, while payroll is more commonly used in American English.
