Final answer:
Company payroll budgeting and planning entail forecasting all employee compensation costs and analyzing related factors. A slide rule is an outdated calculation tool not related to payroll. Payroll budgets are stored in secure financial management systems or databases.
Step-by-step explanation:
In a company, payroll budgeting and planning encompass forecasting the total costs associated with compensating employees, including wages, salaries, bonuses, benefits, and taxes. The expectations involve analyzing various factors such as pay schedule, attendance records, benefits, safety requirements, and policies related to overtime and leave. Employers need to plan for contingencies like late or sick notices and have systems in place for recording timesheets and tracking employee attendance.The term slide rule is unrelated to payroll budgeting; it is an antique analog computing device used for mathematical calculations, replaced by electronic calculators and computers. The storage of a payroll budget typically occurs within financial management software systems or secure databases, ensuring that sensitive employee information is safeguarded and can be accessed for auditing and decision-making purposes.