History of Payroll from Time to Time

Payroll is one of the most important things in the world of work. In this day and age, the way we calculate and manage salaries has changed a lot. In the past, people had to manually calculate working hours and record them in a ledger. Then, they calculated the salary based on those records.

The 1950s

In the 1950s, there was the first computer that could help in payroll. It was called the Lyons Electronic Office (LEO), a large machine that helped in managing payroll.

The 1980s

In the 1980s, personal computers and spreadsheet programs like Microsoft Excel came into use. Many companies still use Excel even today. However, there are some problems with Excel, such as the risk of human error, data security, and limitations in organization.

Cloud-based Payroll System

Now, there is a more modern cloud-based payroll system. With cloud computing technology, we can manage payroll through the internet. This makes it easier and faster. This system is also more secure as the data is stored on a secure server and can only be accessed by authorized people.

Also Read: Protecting Your Business Data Security with Payroll System

Developments in payroll systems have helped companies better manage employee salaries. With HRIS software such as PeopleShape HRIS, the payroll process becomes faster and easier. Starting from online attendance, automatic calculation of leave and overtime, to the calculation of income tax, BPJS Ketenagakerjaan, and BPJS Kesehatan can be done easily through PeopleShape HRIS. If you want to know more, you can CLICK HERE for a FREE consultation!