Payroll refers to wages, salaries, or employee compensation.

If you’re just getting started taking on employees, check out How to Set up Payroll As a New Employer.

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Bplans GlossaryBplans Glossary

At Bplans, it's our goal to make it easy for you to start and run your business. The Bplans glossary of common business terms will help you learn about key small business and entrepreneurship topics.