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Economists who attempt to explain the increasing earnings gap between skilled and unskilled workers offer two main hypotheses:
Enter Time
The act of recording the amount of time spent on various tasks, often used in professional settings for billing or project management.
Basic Payroll
The foundational aspects of the payroll process, including calculating employee wages, withholding taxes, and recording employee hours.
Assisted Payroll
A service provided by QuickBooks that includes full payroll processing along with professional assistance for tax filings and payments.
Enhanced Payroll
A payroll service offering from software providers that includes advanced features like tax filing and direct deposit beyond basic paycheck calculations.
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