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Paycheck vs. Payroll — What's the Difference?

Paycheck vs. Payroll — What's the Difference?

Difference Between Paycheck and Payroll

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Compare with Definitions

Paycheck

A paycheck, also spelled pay check or pay cheque, is traditionally a paper document (a cheque) issued by an employer to pay an employee for services rendered. In recent times, the physical paycheck has been increasingly replaced by electronic direct deposits to the employee's designated bank account or loaded onto a payroll card.

Payroll

In treasury management, a payroll is the list of employees of some company that is entitled to receive payments as well as other work benefits and the amounts that each should receive. Along with the amounts that each employee should receive for time worked or tasks performed, payroll can also refer to a company's records of payments that were previously made to employees, including salaries and wages, bonuses, and withheld taxes, or the company's department that deals with compensation.

Paycheck

A check issued to an employee in payment of salary or wages.

Payroll

A list of a company's employees and the amount of money they are to be paid
There are just three employees on the payroll

Paycheck

Salary or wages
The new appropriations bill could mean a larger paycheck for state employees.
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Payroll

A list of employees receiving wages or salaries, with the amounts due to each.

Paycheck

(US) Money received on payday as payment for work performed.
He was delighted after getting his first paycheck, but subsequently blew it all on the horses.

Payroll

The total sum of money to be paid out to employees at a given time.

Paycheck

A check issued in payment of wages or salary

Payroll

A list of employees who receive salary or wages, together with the amounts due to each.

Payroll

The total sum of money paid to employees.

Payroll

(accounting) The calculation of salaries and wages and the deduction of taxes etc.; the department in a company responsible for this.

Payroll

(euphemistic) Bribes paid to people.

Payroll

(transitive) To place on a payroll.

Payroll

A list of employees and their salaries;
The company had a long payroll

Payroll

The total amount of money paid in wages;
The company had a large payroll

Payroll

The department that determines the amounts of wage or salary due to each employee

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