REVIEW OF RELATED LITERATURE AND STUDIES
This Chapter discusses the local and foreign literature and studies of the proposed study.
Related Literature
The proponents gathered some information that is related in the proposed study entitled, “Payroll System for United Auctioneers Incorporated” to have a guide and background in developing a system.
Local. According to Ramon Faloran (2008), in the article “The Computer Edge of the New Employment and Opportunities” that he wrote in the Philippine Daily Inquirer. He stated that:
“Computer gives you a different feeling about what is happening in the company. Business will be highly competitive and innovative because the computer provides instant information.”
According to Ms. Stephanie Manalaysay (2010), in the essay she wrote in www.studymode.com. She stated that:
“Payroll processes are the perfect place to begin when looking to control costs. New developments in software, such as allowing the integration of payroll system info into existing HR systems, mean you can look beyond traditional ERP options.”
Junald Astronomo Lagod (2010) stated that:
“Any small business owner can tell you that paying employees involves a lot more than writing a check every two week. There are dozens of laws governing employee compensation. If you don’t want to run afoul of various government agencies, you have to be well organized and stay up to date on federal and state guideline.”
Gabriel Esteban (May, 2012) stated that:
“Payroll systems are simple to use, easily affordable and compliant with all new tax laws. These systems can be programmed to calculate taxes and deductions to your specific area. Most systems have an internet database that can be accessed for updates to tax codes and changes in the law.”
Foreign. Payroll System is a flexible compensation administration solution. It is designed to help human resource