In House Payroll or Outsourcing Payroll Essay Example | Topics and Well Written Essays - 3000 words

In House Payroll or Outsourcing Payroll - Essay Example The identifying of two alternatives for pay roll administering was done and the recommendations for picking up one were done according to the needs of the management of NB enterprises. Recommendations were made keeping in view the size of the NB enterprises. The requirements for the option chosen were also mentioned with time bound plan to execute the decision taken. What is Pay roll: Payroll can be termed as a list of employees who receive regular pay from the organization. It is a system through which the employees of an organization are paid. The salary structure, schedules of tax, benefits, allowances, pay frequency and pay dates are the internal parts of the payroll structure If the system is computerized it can be understood as the process that was used by a company to process and pay the salaries of the workers and employees. 1 Identification of two alternatives for maintaining the pay rolls: The pay roll administration can be done in two different ways. First one is to have a payroll Unit in the company which administers over the payments of the employees and prepares the lists regarding the pays and advances. The other method is to outsource all the activities regarding the payments and advances of the employees to company which offers computerised pay roll administration. The outsourcing company renders the needed services as a final output, which depends on the information supplied by the company. According to Vanessa Robinson1 a resourcing adviser, the outsourcing of Pay rolls will give more time to HR personnel to concentrate more on the strategic roles that increase or enhance the performance of the organisation. Some of the advantages are listed as follows: 1. It may reduce costs, but the cost benefit must be analysed by cost effectiveness of other processes. 2. There is a chance to outsource the work to a company having higher expertise in the field of pay roll work. 3. The values of HR can be increased by decreasing the burden of pay roll from the department. The HR department can concentrate more on policy and decision making. 4. The rapid growth in organisation is capable of leaving HR department in a freezing position. This situation can be avoided by outsourcing the pay roll to a payroll bureau. The precautions that should be followed and the disadvantages in outsourcing the pay roll work. 1. The need of outsourcing must be identified accurately. The functions that are suitable for outsourcing differ from company to company. 2. The foremost thing is estimating the cost effectiveness of the outsourcing. If it is not cost effective, it is better to rethink about it. 3. Along with pay roll, some other services like tax effectiveness also must be outsourced in case of outsourcing of pay roll. 4. The level up to which the service has to be outsourced must be estimated accurately. 5. The information supplied to the company to which we outsource the work must be accurate to ensure that the output will be correct. 6. The cost of the service and the time for the services are offered for that price should also be mentioned in the pact. 7. The time allotted to the outsourcing process should be significant to avoid the negligence of staff/manager relationships. Disadvantages of outsourcing the pay roll The details of expenditure on salary and tax encumbrances will be revealed to others. The policy decisions that are taken to avoid tax restrictions on pay rolls must be conveyed to the company. Though the process

School Finance Essay Example | Topics and Well Written Essays - 1000 words

School Finance - Essay Example In fact, a 1993 circuit court of Cole County opined that "The existing school finance system does not provide an 'equal ... opportunity' for all school age children as is required by ... the Missouri Constitution" (Committee for Educational Equity v. Missouri, 1993, p. 29). As described in the decision, "various statistical measures confirm the degree and extent of these wide inequalities" (p. 13) and "All relevant standard measures of equity ... clearly and consistently indicate that Missouri funding for its public schools is highly disequalized and is getting worse" (p. 15)"(Wan Ko, 2006).This court decision instructs that the school must revise its financing policies. The court wants that school finances should be EQUALLY allocated to all children irregardless of race, religion, sex, etc. This new financing policy introduces a new hold harmless provision. Hold harmless schools clearly receive more than the normal monetary help than other schools receive. As a result, these hold ha rmless school districts give more accurate equity analysis for evaluating the state's policy impact. this study of the Missouri school finance system shows that there was an improvement in the Missouri school's finance equity under the new funding formula. However, there were times when financial help did not arrive as schedule or came only in trickles. One reason is that the monetary help had come from other sources and not from the newly approved funding schemes. Evidently, this article shows that schools need money in order to deliver high quality education to the students(Wan Ko, 2006). II. A Helping Hand: A Federal Grant Program Gives School Districts the Financial Support The Need to Develop Updated, Comprehensive Disaster Plans. The article mentions how tornadoes ravaged several towns in Missouri. The tornadoes literally scattered some elementary school buildings in the community. In Caulfied, MO, a tornado killed a seven year old girl named Elizabeth Croney. Likewise, a school in Derby, KS had to close down to allow police officers to corner and arrest an armed criminal in front the the school's premises. Many of the schools are not accustomed to confronting increasing threats from many quarters. The dangers include natural disasters, street gangs and terrorists. Many of the schools' administrators and responsible personnel underwent emergency disaster training to counter the effects of any emergency. The Department of Education's office of safe and drug -free schools spearheaded this campaign to help schools be more prepared to alleviate any emergency. In turn, the schools would be given REMS funds that would be used for the schools' disaster awareness and readiness program. The United States government has focused on school disaster preparedness programs in response to the infamous September eleven twin tower airline hijacking incidents as well as the ramming of a commandeered passenger plane onto the Pentagon. For, "If you think back to 9/11, there were a lot of lessons learned from that incident," according to Sara Strizzi, who is a program analyst for the DoE in Washington, DC. One of those lessons was the vulnerability of K-12 campuses. "We realized that within the ground zero vicinity, there were a lot of schools close by."(Bowles, 2007). Here, the government of