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It has an approximate enrollment of almost 17,000 students. SMCPS operates 18 elementary schools, 5 middle schools, 4 high schools, an Alternative Learning Center, and a Vocational Training Center, serving students in Grades Pre-K through 12th grade. The school system is overseen by the Maryland State Department of Education. [1]
The payroll module automates the pay process by gathering data on employee time and attendance, calculating various deductions and taxes, and generating periodic pay cheques and employee tax reports. Data is generally fed from human resources and timekeeping modules to calculate automatic deposit and manual cheque writing capabilities.
Gross pay, also known as gross income, is the total payment that an employee earns before any deductions or taxes are taken out. [6] For employees that are hourly, gross pay is calculated when the rate of hourly pay is multiplied by the total number of regular hours worked.
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A paycheck, also spelled paycheque, 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.
Those holding SMCP (EPA:SMCP) shares must be pleased that the share price has rebounded 32% in the last thirty days...