Human resources management procedures are important policies that allow companies to improve worker performance in the short and long terms. Payroll guidelines are integral components of these procedures, enabling organizations to compensate personnel in accordance with top management's recommendations and industry practices. These guidelines also help firms gauge labor costs for full-time and part-time personnel.
Marquis Codjia is a New York-based freelance writer, investor and banker. He has authored articles since 2000, covering topics such as politics, technology and business. A certified public accountant and certified financial manager, Codjia received a Master of Business Administration from Rutgers University, majoring in investment analysis and financial management.