Marketing Spotlight of Sony Essay Example | Topics and Well Written Essays - 750 words

Marketing Spotlight of Sony - Essay Example The first key factor of Sony’s success has been their capability to build new products and new markets. They applied commendable innovation in their product development strategies thus creating entirely new kind of products like fully transistorized radio, audio cassette recorders & television, Walkman, entertainment laptops (Vaio) & Playstation which also resulted in entirely new markets.This is quite evident from their positioning strategy of Sony Vaio Laptops which are marketed primarily as a style icon with enhanced graphics & multimedia capabilities. The Vaio laptops are positioned more for people using laptops as a style icon and for entertainment thus making them widely popular among students, women and top executives. [www.sonystyle.com] The third key success factor of Sony is their innovative marketing practices. They possess in-depth understanding of the buying behaviour, choices & passion of their consumers such that they are able to design their advertisements refl ecting the choice, emotions & passion of their consumers thus pushing the Sony brand deep into their mindsets. A greater part of their success is accredited to their brand building capability. The fourth key success factor of Sony is that they do not conduct open ended marketing campaigns. They carry out measurement of effectiveness of each campaign and then carry out enhancements as necessary. The fifth success factor of Sony is their concept of SONY WORLD showrooms where all the products of Sony are displayed prominently and adequate stocks are maintained to meet the demands.

How the emotion affects the person Essay Example for Free

How the emotion affects the person Essay In the modern world, emotions play such a large role in almost everything people do, it is hard to make a decision which will get the most desirable results. It is true, however it is looked upon, that decisions and choices are mainly made by the emotion that the person is feeling towards the topic. A kind person will go join the Peace Corps and help aide the poor and starving, while a person with no pity towards much of anything will not care enough to do something of that nature. Pity is one of the key emotions in making decisions. If someone feels sorry for another individual, they are much more likely to go out of their way to help this person. Whether it is from dropping a few coins into a beggars cup, or just helping out a friend, people have to go out of their way because of pity. Pity is more than a simple emotion which can lead people do to things for others, however. It can bring upon new feelings within an individual and help them to achieve a higher level of consciousness. Decisions are intertwined with everyone in the worlds lives, and if they do not begin to see the reasons behind their decisions, it could have devastating results. Pity towards an individual can have an effect on almost everything in the world. Whether it is bargaining for the price of clothing, to giving money to a poor person, there can be all kinds of changes depending on a persons circumstance. This, however, is not a good thing because there are always people in the world who do not care about others and can con someone and take advantage of them. Although pity can be good or bad, it is mainly shown as a sign of weakness in a person. It can make someone decide to do irrational things for another and bring them in danger. People say that having a ruthless leader would be bad, but they are wrong because being ruthless does not mean being evil or mean, it just means knowing that feelings cannot get in the way of decisions. Emotions are much more than influences in our decisions, however. They play a key role is almost everything in the world. If there was no emotion in any novels or movies or anything of that nature, how would we be able to enjoy life? Music is basically an extension from our own human emotions, and that is why music can be integrated in much of our situations of life. In movies, it would not sound right if a swinging beat was used in a war scene, or vice  versa. Thus, it is simple to say that emotions do play a role in our lives. The effects of emotions in our lives can vary from person to person, but no matter how hard someone tries, they cannot escape having and feeling these things. Whether it is good or bad, choices are made depending on the emotions involved in the consequences. Pity is one of the major feelings dealt with when faced with a decision about another individual. Are they poor? In need of help? These are both basic questions that are asked to oneself when deciding on what to do in a situation. Although it is impossible to stay out of the grasp of emotions, it is very possible to realize the effects of them, and make decisions based upon the knowledge at hand.

Exploring Death In The Odyssey

Exploring Death In The Odyssey In Homers The Odyssey, many different motifs and themes into his epic, and this theme catches the attention of several critics: death and rebirth. There are several examples of how a burial is not necessary for the people to make their journey to the underworld, such as Elpenor, who is left behind by Odysseus and his men during the war. Also, a situation arises at the beginning of the epic where Telemachus does not know the fate of his father, who has been absent from Ithaca for twenty years. Other examples include when Odysseus and his crew visit the Kingdom of the Dead, Odysseus many hardships he has to endure, and when he finally returns home from the Trojan War. The motif of death and rebirth is weaved intricately throughout Homers epic tale. This paper examines Book XI for how this key theme is apparent when Odysseus is able to communicate with his kin and fellow soldiers in the Kingdom of the Dead. In Book XI, Odysseus and his crew sail to the Kingdom of the Dead. This first soul he recognizes is that of Elpenor, his fallen comrade, and vividly retells the events that take place in a flashback: But first the ghost of Elpenor, my companion, came toward me. /Hed not been buried under the wide ways of earth, /not yet, wed left his body in Circes house, /unwept, unburied-this other labor pressed us. /But I wept to see him now, pity touched my heart /and I called out a winged word to him there: Elpenor, /how did you travel down to the world of darkness? /Faster on foot, I see, than I in the black ship. (XI. 56-64). This passage explains how the Greeks thought burial to be an end of some sort, but this proves that Elpenor still makes it to the Kingdom of the Dead even though Odysseus did not give him a proper burial. He also recalls meeting the great warrior Achilles and praising him for his kleos: But you, Achilles, /theres not a man in the world more blest than you- /there never has been, never will be one. /Time was, when you were alive, we Argives /honored you as a god, and now down here, I see, /you lord it over the dead in all your power. /So grieve no more at dying, great Achilles. I reassured the ghost, but he broke out, protesting, /No winning words about death to me, shining Odysseus! /By god, Id rather slave on earth for another man- /some dirt-poor tenant farmer who scrapes to keep alive- /than rule down here over all the breathless dead (XI. 547-58). By Homer placing this warning to Odysseus from Achilles, it seems that Achilles wanted to highlight that Odysseus needed to rethink how he wanted to be remembered; glory was not everything it was cracked up to be. Odysseus and his crew return to the living world, . . . where Helios, the sun, makes his uprising . . . (XII. 4), symbolizing their rebirth. Homer uses light and dark images to emphasize this rebirth. In this passage, the two heroes delve into the variances between the two realms they now inhabit, and each perceives the grass to be greener on the opposite side. Odysseus is envious of Achilles strength and the glory he had won from it; Achilles is jealous of Odysseus for being alive. Homer also uses many light and dark references to accentuate the death and rebirth theme in this epic novel-the darkness is symbolic of death, and the light represents life, and therefore, rebirth. Achilles informs Odysseus about his eventual return home whilst visiting the Kingdom of the Dead. The first example of how the motif of death and rebirth is evident in this poem is that of Telemachus uncertainty of his fathers fate. In Book I, he tells Athena, who is disguised as Menelaus, But now, no use, hes died a wretched death. /No comforts left for usà ¢Ã¢â€š ¬Ã‚ ¦not even if /someone, somewhere, says hes coming home. /The day of his return will never dawn (I. 193-5). This symbolizes the fact that Telemachus is dead in the sense that he does not have any desire to reclaim his house from the suitors. Athena, disguised as one of Odysseus friends, convinces Telemachus that Odysseus is not dead and to set out on his quest to receive his kleos. This is very significant because Homer shows how each character goes through a level of death and what happens after the fact. In book XXIV, the last example of this motif is found. Upon realizing Odysseus return home, Laertes faints. Symbolically, this refers to the death of Laertes. He is essentially reborn when he awakens, and is instilled with a new passion for life and no longer wishes to make his journey to the underworld. Overall, the death and rebirth theme makes a very significant impact in The Odyssey. Homer makes use of this theme for several reasons. One of the more important underlying themes in the entire book is that one should never give up on living, and this theme highlights that in several passages and scenes. In this epic, Homer emphasizes that, even though a situation may seem undefeatable, there is always a route that will not only keep one alive, but will also provide some valuable lesson to learn from or insight. In this epic, the theme of death and rebirth is universal and proves The Odysseys timelessness and longevity.

grinch who stole christmas :: essays research papers

The time arrives but once a year -- Chirstmas-time holiday with varying cheer. But buying and selling and buming and parking Spur movie mischievers in need of a larking. There's snowflakes fallen and gently sprinkled, With all the little Whosters' smiles frozen wrinkled. Sleeping and shopping for five minutes or less, Stopping a moment to see the Grinch and how he stole Christmas. This dastardly deed won't make Zanzibelt wail, This is a gift that won't fly through the mail. For you'd be called names like suffering maroon, If you miss this fable-ous live-action cartoon. Maniacal, magnificent, magical and merry -- Driven through the snow by the one Jim Carrey. Soaring through sets bent by fantastical fancy, He's over the top, past the tip-top of Mount Clancey. The tiniest of heart's tale is whispered and told, But the green-haired shoulders break every mold. There once was a boy by the name of the Grinch, Rankled and ruptured! Punctured and pinched! So his feet did move with speed and precision, Finding a home made of garbage...his decision. "Those people of Whoville and that infernal time of year," Said the man who ate glass with wallowful jeers. But Whos are filled with spirits that sing, (A little off-tune, but to good intentions cling). The hoopla and crazitude centered on a girl, Named Cindy Lou Who, Taylor Momsen gave it a whirl. She questions each corner and scours for the answer, To why Christmas can make even the lazy pure dancers. Based on a book and cartoon by Doc Seuss, A bomb could have blown about the oddball recluse. But fantabulous sets and Cindy Lou's sparkle, Tag-team with Carrey's ability to spew the word "farkle". The wonderment remains, so watch, watch, watch -- Or you'll be laughed at like a boy named little Mike Rotch. The Doc's main points stick like hair to glue, It's not too dark, so other critics: Boo hoo! You need to say why such a creature would steal,

Analysis Is Euro Zone An Optimal Currency Area Economics Essay

Does euro zone tantrum what is described in the literature as an Optimum Currency Area. An Optimum Currency Area theory was for the first clip developed by Robert Mundell, in â€Å" A Theory of Optimum Currency Areas † ( September, 1961 ) . The chief thought was to specify until what extent some states ( EZ states, for case ) should give up from their independent pecuniary policy, in order to derive from micro and macroeconomics benefits of a shared currency. These benefits can be briefly referred as â€Å" decreased dealing costs, riddance of currency hazard, greater transparence and perchance greater competition because monetary values are easier to compare †[ 1 ]. Still, the chief issue is a pure inequation which tries to mensurate if the positive side of a common currency in EU is higher than the negative 1. In this reappraisal I will non concentrate merely in a remarkable parametric quantity of this equation because so it would connote a loss of the nucleus significance of the different beginnings. I will alternatively analyse the overall sentiment of different beginnings and refer to specific standards when it seems plausible.2. Critically annotated literature huntBeginning 1: Francesco Paolo Mongelli, Senior Advisor for Monetary Policy, European Central Bank ( ECB ) , â€Å" † New † positions on the optimal currency country theory: What is EMU stating us? â€Å" , Working Paper No. 138, April 2002 Francesco Mongelli has followed the euro advancement over the old ages and he strongly contributed to different analysis published under ECB cast. In his reappraisal he does non clearly take a place about the euro country. However, he seems to be more positive about the conditions of Europe for a common currency. Particularly after the euro acceptance, he states that â€Å" the members of the European Union that have removed all trade and fiscal barriers among each other and portion a individual market † due to the common currency enjoyed a steady addition in â€Å" mutual trade † which allows them to see stable growing. He does non disregard the alleged â€Å" † Krugman specialization hypothesis † † , which implies that the acceptance of euro will take member states to fall in an utmost specialised degree, taking to farther deficiency of variegation and it will go forth these states would be worse off. However, he clearly emphasizes that this is â€Å" a paradox as this is non what is observed in world † ( mentioning to Frankel, 1999 ) . With this debate Mongelli puts the euro country in the same side of the US States in the OCA graph sing two chief issues which for him are decisive ( see Graph 1 ) . This means, even though non every bit much as US States, the EZ states â€Å" draw net benefits from ( aˆÂ ¦ ) the euro † When confronting the critics from the general literature to the optimum conditions for a common currency in EU, Mongelli supports the other side of the literature stating these reappraisals might be biased since â€Å" they are chiefly rearward looking † . As he states: â€Å" Some writers believe alternatively that the OCA trial could be satisfied antique station even if it is non to the full satisfied ex ante † . In amount, this ECB adviser seems to back up the thought that â€Å" for the group of states now organizing the euro country this has brought considerable benefits but has besides required a long period, although some states that joined the procedure subsequently than the others caught up really quickly with the remainder. † This led him to believe the euro country might be suited for a common currency because, even though there are some structural differences among states, they can be managed overtime and optimum conditions can be achieved. Further analyses besides reported by Francesco Mongelli[ 2 ]on the Eve of the planetary fiscal crisis refer that in the last old ages at that place was a clear betterment of the euro country members or even its campaigners. He points out as chief betterment signals: â€Å" no ever-rising rising prices derived functions and inflationary outlooks † , â€Å" alterations in fight within the euro country are happening at a sustained gait † , and that â€Å" the hazard of pro-cyclicality of financial policies is under control † . Once once more, he stills believe that â€Å" all in all the balance seems positive: the benefits outweigh the costs † . Still, his chief point continues to be based on future outlooks and non truly on discernible facts. Beginning 2: Paul Krugman, â€Å" Retaliation of the Optimum Currency Area † , The New York Times, June 24, 2012 Many tried to analyse if dazes were symmetric or asymmetric in the interim of euro currency execution, although there is likely another ground which led to dazes ‘ dissymmetry. Despite the fact that European states could be already in an asymmetric place when following the euro, Krugman emphasizes that this dissymmetry tends to increase over the old ages among EZ states. He argues that most of the political power around EZ â€Å" chose to believe that asymmetric dazes would be a comparatively minor job † . Therefore Krugman identified another daze which is every bit of import as the others that existed earlier. This daze was, â€Å" in a acrimonious sarcasm, caused by the creative activity of the euro itself. † â€Å" In kernel, the creative activity of the euro led to a perceptual experience on the portion of many investors that the large hazards associated with cross-border investing within Europe had been eliminated. In the 1990s, despite the absence of formal capital controls, capital motions and therefore current-account instabilities within Europe were limited. After the creative activity of the euro, nevertheless, there was monolithic capital motion from Europe ‘s nucleus – chiefly Germany, but besides the Netherlands – to its fringe, taking to an economic roar in the fringe and significantly higher rising prices rates in Spain, Greece, etc. than in Germany. † In Krugman ‘s sentiment this deficiency of loads among euro country states led to the creative activity of more asymmetric dazes which states were non able to pull off. Especially states in the fringe, since they abdicated from their independent pecuniary policy, they could non utilize unfastened market operations to cover with such jobs like higher rising prices. Even though those states could do force per unit area on taking establishments in order to accommodate their policy to those state of affairss, they would confront opposition by â€Å" EuropeA?s nucleus † states. Therefore, this force per unit area would non be turned into any positive result for the fringe. Beginning 3: Martin Feldstein, Professor of Economics, Harvard University, â€Å" Optimum Currency Areas † , Cambridge, MA, 2008 Surely we can non avoid the economic differences among European states, although we might non merely concentrate on economic issues. Feldstein credited portion of the euro related jobs to political issues, alternatively of simply economic jobs such as daze dissymmetries. Feldstein has a broad background as academic and political associate in US, this allows him to hold an external position of the euro state of affairs and the single force per unit areas exercised by single states. The political result identified by Martin Feldstein, as described below, could be straight related with the dazes created by euro execution program as argued by Krugman ( see Source 2 ) . â€Å" Not all EMU states will be affected every bit by the development of the European economic system or by the policies of the ECB. ( aˆÂ ¦ ) Because of a limited willingness to do forfeits for the benefit of other EMU states or for the EMU as a system, some of those authoritiess or politicians may seek to go out the EMU or may endanger that they will make so unless policies are changed. † This position shows another attack on the OCA issue which might be against the thought that there are optimal conditions in the EU for a common currency, nevertheless non for the most frequent grounds referred in the literature. We can state that Martin Feldstein is chiefly presenting a political dimension into treatment, which sometimes can be the most decisive 1. Beginning 4: Huseyin Mualla Yuceol, â€Å" Why European Union is non an optimum currency country: The bounds of integrating † , Ege Academic Review, Mersin University, 2006 Besides mentioning many of the points that are mentioned in the literature back uping Krugman ‘s position ( see Source 2 ) , in which, he is chiefly placing that â€Å" there is a widespread incredulity environing the long-term practicality of the EMU. † This well-known Turkish faculty member besides refers another of import issue related with the OCA argument that sometimes is forgotten. Harmonizing to him, even though the European Commission was cognizant of macroeconomic disagreements, there was a clear deficiency of enforcement in order to cut down these existent dissymmetries. â€Å" Therefore, the so called EMU â€Å" convergence standards † are more concerned with analyzing ephemeral cyclical motions in fiscal indexs, instead than concentrating upon cardinal convergence in existent economic system. However, analyzing the extent to which EU member provinces have really met the MCC since 1990s, a period including both a recession and roar, makes dissatisfactory reading for protagonists of European pecuniary integrating. † The grounds shows that the deficiency of enforcement of the â€Å" convergence standards † led to an unsustainable macroeconomic state of affairs in the EZ. This unsustainable state of affairs implies that the EZ is non an optimum currency country and it besides means it is more hard to accomplish these conditions. â€Å" This is because, the accomplishment of convergence depends on peculiarly certain institutional and structural characteristics and the grade of development of market mechanisms. † Yuceol besides refers that there are likely two different groups among euro country states. One that would most likely tantrum in a common currency and the fringe which will confront strong barriers to maintain at the same gait without the pecuniary tools lost for the pecuniary brotherhood. â€Å" Therefore, EMU will split Europe because no mechanism exists for accomplishing existent convergence between national economic systems. †3. Tentative decisionsFrom the parts of the literature referred in this reappraisal it is easy to understand that both places in favour or against the OCA conditions in the euro zone can be argued. It is of import to underscore that most of the surveies on this affair are really concentrating in the same vectors, as mentioned before. However, they come up with rather different consequences. It is non straightforward which side is deducing misdirecting decisions. We can chiefly place two different political orientations: the one shared by the European Commission and other European establishments ( e.g. : ECB ) and the resistance which is chiefly referred in the literature as the Krugman ‘s position. From reading the different beginnings we can briefly province that the EC defends that higher integrating among states would increase the chance of the OCA standards being satisfied, while the other position provinces that higher integrating would take to a over specialisation job which would go a negative daze itself. Therefore, my probationary decision would be that the statements against the optimum conditions for a common currency in the euro zone are stronger than the others. The chief ground to indicate this out would be that most portion of the statements in favour of OCA conditions in EZ are based in frontward looking outlooks. Therefore I should hold that one of the chief jobs with the euro country was that it was established under future outlooks. This premise led states, like the 1s from the fringe, to be integrated in the EMU and they really did non hold conditions to make so. The demands established by the theory, such as the symmetricalness of dazes, labour market flexibleness and so on, are right so. I would state the misleading job was non a theoretical job. It was alternatively an out of clip phasing-in procedure carried out by the EMU which is non over yet.4. AnnexsGraph 1 – Two Key Optimum Currency Area Properties Beginning: Francesco Paolo Mongelli, † † New † positions on the optimal currency country theory: What is EMU stating us? â€Å" , European Central Bank ( ECB ) , Working Paper No. 138, April 2002

Payroll Department

Chapter 1 INTRODUCTION Background of the Study The manual process of payroll system comes with a step by step procedure, first is to establish a timecard system where employees fill out a timesheet or use a time clock. Use timesheets that contain unfilled slots for regular, vacation, personal or sick time. Create a separate filing system for all timecards submitted. If employer have salaried employees, create a log with the salary amount each employee should be paid each pay-period (Grace, 2012).According to the definition of Roos (2005) a payroll system involves everything that has to do with the payment of employees and the filing of employment taxes. This includes keeping track of hours, calculating  wages, withholding taxes and other  deductions, printing and delivering checks and paying employment taxes to the government. In addition, payroll system enables the employer to process its payroll through a computerized system. As stated by McGraw (2009), payroll is the sum of al l financial records of salaries for an employee, wages, bonuses and deductions.Payroll plays a major role in a company for several reasons. From an ethics in business viewpoint payroll is a critical department as employees are responsive to payroll errors and irregularities: good employee morale requires payroll to be paid timely and accurately. The primary mission of the payroll department is to ensure that all employees are paid accurately and timely with the correct withholdings and deductions, and to ensure the withholdings and deductions are remitted in a timely manner. A payroll system is the method used by payroll professionals to pay employees for their services.Regardless of the type of system used, there are basic functions that must be performed–calculation of hours worked, deductions, personal information and benefits. Payroll system allows the employer to perform the tasks necessary to ensure accurate and timely paychecks. Through the payroll system the employer creates procedures that coordinate the payroll department with these other departments. In addition, it assists human resources with tracking employee's benefit days, such as vacation time, personal time and sick time.Payroll system often has the ability to automatically transport employee punches/swipes from the timekeeping system into the payroll system automatically (Trias, 2011). It is really inescapable fact that having a manual procedure in creating payroll system takes a long time to finish a certain task because of the many steps and processes that should be taken. There is the collection of data such as daily time record, remittances, and individual manual calculation of payroll. Individual data is transferred through sheets, encoding and double checking after calculating.All this process requires labor and effort to complete the task (Quidgara, 2009). A manual payroll system requires that the payroll be processed by hand and is therefore a considerably slower procedure tha n an automated system. The former makes payroll processing simpler, and reduces errors, which are more likely with the manual system (Grace (n. d)). Manual payroll system requires payroll processing to be done completely by hand. Therefore, time card, wages and payroll, tax computations, wage garnishment and voluntary deductions are done manually.Furthermore, paychecks and pay stubs are handwritten or printed on a typewriter. The main disadvantage with this system is its high room for errors. The more manual computations the payroll representative has to make, the more errors she’s prone to make. Furthermore, it’s time-consuming because to ensure the payroll is accurate, she has to triple-check the data before printing checks. Even then, it’s possible to miss errors. Paper filing is required with this system, which can create clutter.Furthermore, if the payroll representative does not understand how to calculate payroll taxes manually, erroneous tax withholding, reporting and payment occur. This can result in penalties from federal and state tax agencies (Grace n. d). According to Schievelbein (n. d)The Department of the Interior, National Business Center’s (NBC) Federal Personnel/Payroll System (FPPS) is a modern, mainframe-based, portable, integrated, on-line, and real-time personnel and payroll system. The system provides personnel and payroll support to numerous agencies.The system is customer-driven, creating and generating the full life cycle of personnel transactions, enabling agencies to maintain records electronically. FPPS handles all current regulations including specialized pay, garnishments, special appointment programs, and more. FPPS was developed by the NBC using state-of-the-art database technology, fourth-generation language, structured development methodology, and computer-aided software engineering tools for robust performance and ease of maintenance.FPPS is a highly sophisticated and comprehensive database manag ement system providing an extensive array of human resources (HR) and payroll automation support within its core, including requirements prescribed by client agencies, the NBC's centralized Payroll Operations Division (POD), and the Office of Personnel Management (OPM). The FPPS application supports Requesting Office, Time and Attendance (T&A input), Servicing Personnel Office, Security, Time &Attendance Maintenance, and Pay Maintenance commands for Federal employees and Emergency Workers (Casuals).All data is defined in a single database which eliminates redundancy and multiple update routines. The single database concept also provides for ease of maintenance and ensures data integrity. Security is controlled by the customer and is sufficiently flexible to support all business processes. The system is table-driven to facilitate real-time data updates and maintenance. Many of these tables are on-line for customer use. FPPS also offers all required electronic interfaces with the U. S . Treasury, OPM, National Finance Center (NFC), and various accounting systems.The system offers extensive data warehousing capabilities. In an Automated  Payroll System, companies offer computer  software  that will assist you in processing payroll. You will need to input information for each employee when he is hired, but after that, the  software  will calculate payroll taxes and other deductions automatically. The advantages of this type of payroll system are numerous: Fewer potential mistakes and less time spent processing payroll. In addition, employees can be trained to run the rogram more easily, so you won't need to depend on just one person to process payroll (Richerd, 2008). A computerized payroll system saves on time and lowers your error ratio. You can enter payroll payment information quicker than with a manual system, and run payroll registers to double-check your information before printing the checks. This allows you to detect errors and adjust them before hand. Additionally, computerized payrolls simplify tax processing by computing the data for you and allowing you to do bulk print runs (Grace, n. d). A study of Marata (2011), St.Peter’s College Employees Payroll System is a system that enables the employees of St. Peter College to view the information on their payroll in a computerized manner. Nowadays all establishments are becoming modernized; they use modern technology to make a transaction fast, easy, and accurate in order to avoid and lessen the time consumed, and having a modern technology in an establishment protects and secures confidential information. It also helps human to solve and understand complex problem and analysis such us the computational need of humans.Especially to business establishment or corporation or even schools in processing enormous data and complex transaction, payroll is an example of complex transaction because it is a critical business operation dealing with numerous accounts, and produces p lenty of confidential files. An automated payroll system will not only provide an accurate calculation and fast process of payroll transaction but it will secure data through security implementation and accordingly arrange files provided by a designed database that will produce a paperless environment and a tool to help a certain user to make everything in an orderly manner.The developers have decided to solve the problems in a way that we will create a system that will lessen the time in manually entering the formulas for every employee of St. Peter College and to organize all the paper works of the Accounting Department of St. Peter College. Now that technology had made great approach in organizations, institution and even private companies, Payroll System for Silverio’s Seafood and Restaurant is not an exemption. This company needs this technology.Silverio’s Seafood and Restaurant was founded on March 10, 1996, located at Arellano Bani, Dagupan City. It is being man aged by Ms. Theresa C. Neihum. With the use of the system, it can provide an accurate and reliable process of computation of the employee salary. Deduction of SSS, PhilHealth and others is automatically computed after data has been entered. In line with this project, the developers came up with payroll system for Silverios Seafoods and Restaurant which will raise the business standards to be more competitive.Through this integrated system, it will no longer have a burden in doing payroll transactions through the use of payroll system it will easily calculate the employee’s salary, deductions and by automatically generating a pay slip. It will help promote quality of service and avoid waste of time since there are no such longer delays in the computation of employee’s salary. Conceptual Framework In order to provide this study with its groundwork, the developers utilized the concept of Input-Process-Output. Figure 1. 1 shows the paradigm of the study entitled Payroll Sy stem for Silverio’s Seafood and Restaurant.The input parts of the research paradigm consist of the current procedure in payroll, hardware and software requirements and features of the proposed system and acceptability of the system. In the process variable, Waterfall model was chosen as the software development methodology which consists of the five phases such as requirement analysis and definition phase, system and software design phase, implementation and unit testing phase, verification and system testing phase and the operations and maintenance phase.The developers output for this project is the Payroll System for Silverio’s Seafoods and Restaurant. After gathering the needed inputs, the developers came up with the output which is the Payroll System for Silverio’s Seafood and Restaurant. Figure 1. 1 Schematic research paradigm for Payroll System for Siverio’s Seafoods and Restaurant Payroll System for Siverio’s Seafoods and Restaurant Waterfal l Methodology * Requirement Analysis and Definition Phase * System and Software Design Phase * Implementation and Unit Testing Phase * Verification and System Testing Phase Operations and Maintenance Phase 1. Current process in the payroll System. 2. Hardware and software requirements of the system. 3. The features of the system. Process Output Input Statement of the Objectives This project aimed to design, develop and test a Payroll System for Silverio’s Seafood and Restaurant. Specifically, it sought to meet the following objectives: 1. To identify the current procedure in payroll; 2. To identify the hardware and software requirements of the system; 3. To describe the features of the system; and 4.To test the acceptability of the system. Significance of the Study The main purpose of the study was to develop an efficient and reliable system that will be used by the Finance Department of Silverio’s Seafood and Restaurant in the generation of payroll of the employees. T he system will improve the manual process and provide accurate information in the company and will benefit the following entities: Silverio’s Seafood and Restaurant. The system can help the company accomplish their goals and objectives, to lessen the hassles in manual computation of employees salary.The computerized payroll system will help the Silverio’s Seafoods and Restaurant to have an integrated and organized process of managing and calculating salaries for the employees. Finance Department. The system reduces the slow process of computation of payroll for each employee. This provides an accurate and reliable process of generating payroll. Treasurer. By using the system, it will minimize the time consumed by the cashier in the computation of employee salaries and has an accurate and fast generation of payroll. Developers.This study will serve as training and experience for the developers. It will also enhance their knowledge on software development. Future Develop ers. For future developers, this project will serve as their references in conducting the same study. Through further reading, future developers can get ideas out of it that will guide them to create and accomplish their projects. Scope and Limitations The study focused on the development of the generation of payroll of employees which is computed based from the rate per day, overtime, gross, net pay, and deductions such as SSS and PhilHealth.An additional feature of the system is a log-in log-out process for security purpose. Other features include file maintenance which can add employee record, edit employee information, and generate pay slip for each employee. Computation of payroll is done every 15th and 30th day of the month. The system will exclude the monitoring of employees absences or tardiness or even daily time record and leaves-of-absences, as well as generation of report of leave of absences of each employee. Definition of TermsTo have better understanding of the terms used in this context. The following terminologies were defined. Calculate. Is a deliberate process for transforming one or more inputs into one or more results, with variable change. Deduction. The act of deducting or subtraction. Gross Pay. Is an  employee's  regular  remuneration  including  allowances,  overtime pay,  commissions, and bonuses, and any other  amounts, before any  deductions  are made. Net Pay. Portion of a  salary  or  wages  that an  employee  actually gets (takes home) after  paying  all  deductions  and taxes. Payroll. Total  amount  required  to  pay  workers  and  employees  during a  week,  month  or other  period. Payroll System. A payroll system involves everything that has to do with the payment of employees and the filing of employment taxes. Salary. Agreed-upon and regular compensation for  employment  that may be paid in any  frequency  but, in  common  practice, is paid on mon thly and not on hourly,  daily, weekly, or piece-work basis. Systems development life cycle.Systems development life cycle (SDLC) is a conceptual model used in  project management  that describes the stages involved in an information system development project, from an initial feasibility study through maintenance of the completed application. System. It is an automated or manual that comprises people machine and/or methods organize to collect, process, and disseminate data that represent userinformation. Waterfall Model. Waterfall model is a SDLC approach that assumes the various phases of a project can be carried out and completed entirely sequentially.