Payroll Status:
ProcessingCut-off: Dec 25, 2024
Payment Date: Dec 31, 2024
$2,458,320
Total Gross Payroll
$1,987,450
Net Payable Amount
$1,987,450
Total Deductions
12
Pending Approvals
24
Total Payroll Errors
Highest Salary
$24,500
CTO - Engineering
Variable Pay
$284K
Bonuses + Commissions
After Deduction
$1.99M
Employee take-home
Average Salary
$78,450
Median: $72,000
Average Salary $78,450
Salary Range
Range
$30k-50k
285(22.8%)
$50k-80k
478(38.3%)
$80k-120k
342(27.4%)
$80k-120k
98(7.8%)
$80k-120k
45(3.6%)
Batch Processing Status
Combined Total
$2,459,320 3 Batches
1120 Employees $2,184,500
60 Employees $124,850
63 Employees $154,850
Full Time
Part Time
Contractors
6 Months Tax & Deduction Trend
$1.71M
Federal Tax
Deductions
Life Insurance
Per Employee
$24.87
401(k) Contribution
Per Employee
$10.47
Health Insurance
Per Employee
$26.87
Payroll Processing Pipeline
Processing 4 to 6Overall Progress (40%)
Data Validation
All employee records validated
Attendance Calculation
Working days and hours calculated
Salary Computation
Base salary + allowances calculated
Deductions Processing
Tax, PF, and other deductions
Final Verification
Admin approval required
Payment Generation
Bank file creation
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