Placement is the process of assigning specific jobs and workplaces to the selected candidates. It involves putting square pegs in to square holes i.e. matching the individual and the job. Correct placement is in no way less important than accurate selection. Even a competent employee maybe inefficient and dissatisfied if put on the wrong job.

• Content of application.
• Qualifications.
• Performance at Interview.
• Outcome of any selection tests.
• Right to work

• Assess the need for the job and ensure there is adequate funding for it.
• Review the job description to ensure that it meets the present and future requirements.
• Review the person specification to ensure it meets the requirements of the job description.
• Design the selection process.
• Draft the advertisement and select the advertising media.
• Short list using the person specification only.
• Interview and test short-listed candidates.
• Validate references, qualifications and security clearances.
• Make an appointment.

• Developing organization pay policy including flexible benefits, leave encashment policy, etc.
• Defining payslip components like basic, variable pay, HRA, and LTA
• Gathering other payroll inputs (e.g., organization’s food vendor may supply information about the amount to be recovered from the employees for meals consumed)
• The actual calculation of gross salary, statutory as well as non-statutory deductions, and arriving at the net pay
• Releasing employee salary
• Depositing dues like TDS, PF, etc. with appropriate authorities and filing returns

In short, we can say that payroll process involves arriving at what is due to the employees also called as ‘net pay’ after adjusting necessary taxes and other deductions.