What Is Payroll ?

Payroll is the process of calculating and distributing employee compensation in the restaurant industry. It includes determining wages or salaries, calculating hours worked, and making necessary deductions such as taxes and benefits. In addition, payroll involves complying with federal and state regulations related to minimum wage, overtime pay, and tip pooling. Accurate payroll practices are critical for restaurant owners and managers to ensure that their employees are fairly compensated and legally compliant, ultimately leading to a positive work environment and satisfied customers.