A payroll is the sum of the wages of all the employees working for an organization. A payroll deduction form, just like the name elaborates, is a form or a contract between the employee and the employer, stating that the employee agrees upon a fixed deduction of an amount from his/her salary. A payroll deduction form likewise mentions the gross salary, bonuses any kind of deductions or other such compensations being given to an employee. This gives an idea of an individual’s net salary and the percentage of deduction needed… Read More