Privacy of payroll information

Assignment Help Accounting Basics

Reference no: EM1363694

The sensitivity and importance of payroll and payroll information cannot be overstated. The managing and protecting of this information deserves and has the attention of any number of managers within an organization. Most everyone has experienced or has heard of situations where either payroll information has been stolen or someone knows everyone else's pay and benefit contribution rates.

Respond to all the following topics:

What effect does an employee's access to salaries have on the morale and effectiveness of an organization?

Does it matter to you if other workers in your department are privileged to your private information?

What controls are most effective in avoiding a "busybody" in the organization accessing this information?

Reference no: EM1363694

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