Would you like to get into payroll and compensation accounting? In this book, you will not only learn about the exemplary process of a payroll calculation but also understand the surrounding aspects that you need to master: the legal foundations, types of wages and compensation, important information about income tax and reporting to social security, and much more. Special topics such as absenteeism, one-time payments, non-cash benefits, continued payment of wages, partial wage payment periods, maternity protection, and retirement planning are also covered. Soon, you will be able to provide all employees of your company - from part-time workers to new mothers and early retirees - with accurate payroll statements.