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Before we dwell into the concepts of Payroll functions, let us step back briefly into the history of Payroll. Much prior to automation and electronic era, Payroll processing used to be a laborious manual activity. Given the plethora of activities that needed to be completed for processing a pay cycle, it used to be a fulltime activity. Larger the organisation, larger the payroll team used to be in order to coordinate all these activities. With the advent of technology in early ‘80s, companies gradually began to automate their processes in order to make their tasks easier, risk-free and smarter. Government oversight on statutory compliance were tough and complex (and continues to be so), though many statutes have recently been simplified and complexities removed to a large extent through automation & simplification of rules. Regular audits, a demand for transparency and the reach of government into individual & corporate data has made Payroll a very important and essential function of an organisation. Owing to all this, trained professionals or software or payroll service providers are in steady demand and trend is increasing by the day. A profession that was considered highly administrative and a number-crunching job a few years ago has now carved out an important niche for itself, with companies vying to implement robust & compliant payment processes and systems. It is now an industry by itself as payroll outsourcing market is expected to reach US$10.3B by 2023 worldwide with an estimated CAGR of 6% per year Within the last two decades or so, these opportunities have encouraged not only local companies to provide payroll services but helped create MCPO companies to provide global payroll support. Superior technology such as RPA, AI, Chatbot, etc have made in-roads to provide best of technology & user experience to companies and employees alike. This book helps readers to understand the basic concepts of payroll and it’s best practices. If you are aspirant to be a good payroll processor for your organisation or wish to enter into this unique profession, then this book is highly recommended for you. A million thanks to my peers, friends, publisher and well-wishers who encouraged me in this project. It has been a satisfying experience for me to put together my thoughts into this book. Best wishes to all!!
It is 1864. For the Kingdom of Bavaria, certain war looms on the horizon. The new king, Ludwig II, is young; he shows a lack of interest in affairs of state, and apprehension grows about encroaching military pressure from the Kingdom of Prussia and the Empire of Austria. Meanwhile, outside the small town of Miesbach, Daniel Fischer is content to tend his familys orchards. He hates cities and dreams of one day purchasing his own property and marrying Lizzie Chormann, secretly the love of his life. On the day that Daniel decides hell begin his courtship, he is appalled to learn that his older brother, Jacob, the newest member of the watchmakers guild, has just become engaged to Lizzie. Moreover, Jacob plans to take Lizzie to America and open his own shop in Philadelphia, a city crowded with half a million people. Daniel confronts Jacob. The brothers fight. At the wedding, Jacob offers Daniel his hand in peace but Daniel refuses. A week later, Daniel flees Miesbach and enlists in the 39th Regiment of the Royal Bavarian Fusiliers. Five years later, Daniel is a hardened veteran and believes that he has finally set aside his feelings for Lizzie. And then he learns that she has written from Philadelphia; Jacob is dead.
Herman Ehrenberg wrote the longest, most complete, and most vivid memoir of any soldier in the Texan revolutionary army. His narrative was published in Germany in 1843, but it was little used by Texas historians until the twentieth century, when the first—and very problematic—attempts at translation into English were made. Inside the Texas Revolution: The Enigmatic Memoir of Herman Ehrenberg is a product of the translation skills of the late Louis E. Brister with the assistance of James C. Kearney, both noted specialists on Germans in Texas. The volume’s editor, James E. Crisp, has spent much of the last 27 years solving many of the mysteries that still surrounded Ehrenberg’s life. It was Crisp who discovered that Ehrenberg lived in the Texas Republic until at least 1840, and spent the spring of that year as ranger on the frontier. Ehrenberg was not a historian, but an ordinary citizen whose narrative of the Texas Revolution contains both spectacular eyewitness accounts of action and almost mythologized versions of major events that he did not witness himself. This volume points out where Ehrenberg is lying or embellishing, explains why he is doing so, and narrates the actual relevant facts as far as they can be determined. Ehrenberg’s book is both a testament by a young Texan “everyman” who presents a laudatory paean to the Texan cause, and a German’s explanation of Texas and its “fight for freedom” against Mexico to his fellow Germans—with a powerful subtext that patriotic Germans should aspire to a similar struggle, and a similar outcome: a free, democratic republic.