Abstract
This chapter deals with the logistical process of managing the monthly payroll. Paying employees the correct amount of money by the required date may seem like a simple exercise; however, as payroll structures become more complex processing, more time consuming, and more errors are made. Fundamental mistakes like continuing to pay salary or mandatory benefit to workers that have already left the company are surprisingly common. Such mistakes are financially damaging, but the consequences to the company can be even worse when it fails to pay the full amount owed to a valued staff member.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Notes
- 1.
Article 38 of the Labor Law of the People’s Republic of China implemented on January 1, 1995.
- 2.
Article 5 of Approval Measures for Adopting Non-fixed Working Hours System and Comprehensive Working
Hours implemented on January 1, 1995.
- 3.
Article 7 of Approval Measures for Adopting Non-fixed Working Hours System and Comprehensive Working
Hours implemented on January 1, 1995.
- 4.
Ibid.
- 5.
Article 2 of the Notice on the Monthly Working Hours and Salaries of an Employee promulgated by the Labor. Ministry and implemented on January 3, 2008.
- 6.
Article 13 of Preliminary Regulations on Salary Payment implemented on January 1, 1995 and Article 62 of the Opinions of Ministry of Labor on Several Issues on Implementing the Labor Law of People’s Republic of China implemented on August 4, 1995.
- 7.
Article 41 of the Labor Law of the People’s Republic of China implemented on January 1, 1995.
- 8.
Article 12 of the Social Insurance Levy Temporary Clause implemented on January 22, 1999.
- 9.
Article 1 of Circular Caishui [2006] No.10 implemented on June 27, 2006.
- 10.
Dalian City Employee Heating Allowance Regulations implemented on September 30, 2005; Dalian City Council Code No.80 implemented on September 15, 2006.
- 11.
Guangdong Province Administrative Measures on Paying High Temperature Allowance implemented on June 1, 2012.
- 12.
Tax Rate Table Supplement to the Individual Income Tax Law implemented on June 30, 2011.
- 13.
Article 9 of the Individual Income Tax Law implemented on March 1, 2008.
- 14.
Article 6 of the Individual Income Tax Self Declaration Methodology (Trial) implemented on January 1, 2007.
- 15.
Article 4 of the Individual Income Tax Self Declaration Methodology (Trial) implemented on January 1, 2007 and Article 3 of the Implementation Rules for the Individual Income Tax Law implemented on January 28, 1994 and Revised on February 18, 2008.
Author information
Authors and Affiliations
Consortia
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2014 Asia Briefing Ltd.
About this chapter
Cite this chapter
Dezan Shira & Associates. (2014). Handling Payroll. In: Devonshire-Ellis, C., Fleming, C., Ku, E. (eds) Human Resources and Payroll in China. China Briefing. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-36042-8_3
Download citation
DOI: https://doi.org/10.1007/978-3-642-36042-8_3
Published:
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-36041-1
Online ISBN: 978-3-642-36042-8
eBook Packages: Business and EconomicsBusiness and Management (R0)