Payroll, in simple terms, can be defined as the process of managing and distributing an organisation’s employee salaries, wages, and benefits. Because it involves salaries and wages, you can expect some calculations. It involves calculating and paying employee compensation, withholding…
One of the ways organisations of repute have managed to stay relevant over the years is through tax compliance. Tax evasion is a serious crime anywhere in the world. In a news report by PBS, the president elect of the…
If there’s anything you should take out of this post is that payroll tax laws aren’t as simple as they sound. This is why getting the right HR solutions which offer payroll services such as the one WorkflowsHR offers is…
QuickBooks has become popular among small and midsize businesses. Aside from it being accessible, small businesses find it helpful in running their payroll. It is an accounting software that caters to the financial tasks of small businesses, in short, it…
The Salary structure for internships in a Nigerian organization varies, as interns are referred to as trainees and not core staff of the organization. Interns are mostly accepted in an organization, for the sole purpose of learning on the job. Their internship…
What have you heard about working in tech? Okay, we know. Something around “Tech is the new oil,” “Tech can make you a billionaire,” and maybe “You can earn a lot of money working in tech.” While all of these…
Having discussed what a gross salary is and how important it is for an employee to distinguish between a gross salary and net salary, let’s consider everything about adjusted gross income and gross income. Understanding the difference between adjusted gross…
When we talk about HR management software in Nigeria, identifying how significant it is and the role HR software plays in any business is critical. The significance of HR management software to Nigerian businesses is evidenced in its ability to…
Now that we are close to the end of the year, you may have wondered how many times you have been paid for your services this year. While you may be unable to justify those earnings with your initial expectations,…
In order to be able to compute personal income tax in Nigeria or anywhere else, it is advised to understand and grasp what that particular tax is about, why it is remitted and who to remit it to. All of…
