• Manage compensation packages using payroll software • Collect and verify timekeeping information for all employees • Calculate pay according to hours worked incorporating leaves and overtime • Calculate bonuses and commissions when appropriate • Manage and calculate taxes and deductions • Initiate periodical payments timely either by preparing and administering checks or making direct deposits through a bank payment system • Issues statements and invoices and maintain records • Update paper and electronic payroll records by entering adjustments on pay rates, employee status changes etc. • Calculate unemployment and severance payments • Deal with complaints and questions regarding payroll from employees and upper management • Investigate and resolve any discrepancies in payroll • Prepare and submit reports with payroll information to supervisor