An employee’s payroll begins when he or she joins a firm as a full-time employee. Employees are paid using two different types of payroll models: on a roll and off the roll.
On-roll payroll is a regular payroll procedure in which an employee is paid on a regular basis and receives a set amount of compensation in exchange for their efforts. Employee benefits such as EPF, Medicare, subsidies, and performance incentives are available to employees who are on the payroll. They are subject to company rules because they work directly for the corporation.
Off-roll payroll refers to someone who is not employed full-time by a corporation but instead works on contacts or as a consultant. Because he or she is not on the company’s normal payroll, the salary can be credited directly or through a third party in this payroll arrangement. EPF, insurance, allowances, and incentive pay are not available to employees on off-roll payroll. For the efforts, he or she will be compensated.
