Errors and delays in payroll can be frustrating for everyone—payroll staff, HR, and the impacted employees. The problem can often be traced back to an inefficient, manual process or a payroll platform that doesn’t fully meet your needs for accuracy or integration. The good news: There are steps you can take to fix a broken payroll management system and keep your payroll processes humming.
Having an accurate count of employee hours enables you to manage what is likely your organization’s largest expense: payroll. Whether you’re managing nursing shifts in a healthcare organization or tracking employee working hours in a retail or manufacturing setting, time and attendance tracking impact the accuracy of your entire payroll function.
Getting payroll right is essential for delivering an exceptional employee experience and staying in compliance with tax and labor laws. Employees expect accuracy in pay, and when something goes wrong, they can lose faith in your ability to get it right or, worse, they experience financial hardship.
For busy HR and payroll professionals, every month of the year brings new deliverables, and there are specific payroll and tax filing deadlines you just can’t miss.
Effective payroll management requires making sure your employees receive correct payments, on time, and in compliance with applicable laws. However, without the right tools and resources, employee payroll can be a minefield for errors that can cost employees—and your company—time and money. Follow these tips to identify and avoid the most common payroll errors.
Keeping track of your manufacturing labor force requires specific tools and resources to help you stay organized and keep the shop floor humming. You need ready access to key workforce metrics and the flexibility to make staffing and scheduling changes that sync with production and delivery timetables.
How and where you store HR data is more important than you might think. It impacts the efficiency of your HR function and the effectiveness of your employee management activities.
In an area as broad as HR, it’s easy to get pulled in several different directions. When running a busy HR department, you need to meet the expectations of employees and senior leaders, while also making sure you satisfy compliance requirements for hiring and employee management.
Performance reviews can take many forms, from informal weekly check-ins to quarterly or semi-annual discussions. No matter the method you use to conduct employee performance reviews, quality feedback is essential and asking the right questions will help managers and employees make the most of their performance reviews.
Preparing your workforce to meet the challenges of tomorrow requires a robust talent development strategy. When your strategy comprises an optimal mix of training, coaching, and other developmental opportunities, employees receive the skills and knowledge they need to adapt to the changing workplace. As you measure your progress and refine your talent and development program, your organization and employees can reach their goals for skill-building and growth.
