MLchartDataset catalogue

Payroll

Term · Insurance and risk management · MLC-T-INS-002527

The total remuneration paid to employees, including wages, salaries, commissions, bonuses, and other forms of compensation. In workers' compensation, payroll is the primary basis for calculating premiums, as it reflects the exposure to risk. Insurers audit an employer's payroll records to determine the final premium owed for a policy period.

Table 1. Record
IdentifierMLC-T-INS-002527
FieldInsurance and risk management
SubjectWorkers Compensation
Record as JSON 
{
  "id": "MLC-T-INS-002527",
  "term": "Payroll",
  "field": "Insurance and risk management",
  "definition": "The total remuneration paid to employees, including wages, salaries, commissions, bonuses, and other forms of compensation. In workers' compensation, payroll is the primary basis for calculating premiums, as it reflects the exposure to risk. Insurers audit an employer's payroll records to determine the final premium owed for a policy period.",
  "subject": "Workers Compensation",
  "url": "https://mlchart.com/terminology/insurance/payroll/"
}

Record 2,555 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.