An essential part of effective payroll management is periodically auditing your payroll policies and practices. Follow these critical steps to conduct a successful payroll audit and keep your payroll practices in top shape.
A unified workforce management system ties together all of the core elements of a talent management system, including payroll, scheduling, leave management, time and attendance, and other essential HR services.
When all of these pieces are pulled together in one centralized platform, you can improve efficiency, do more with workforce data, and provide a positive employee experience.
Early wage access programs allow workers to gain access to wages before their company’s regular payday. These programs are great for helping employees make it from paycheck to paycheck, which in turn increases their productivity and reduces company turnover rates.
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.
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.
Payroll duties require careful strategy, teamwork, and execution. You have to deal with numbers and budgets and timesheets and government forms—this isn’t anything you want to screw up. As exciting as pay day is, it takes a lot of work to get there. As a payroll manager or accountant, you make it happen.
In the market for a new payroll provider? Ready to move to the cloud?
You've got some research ahead of you. You'll want to choose the best payroll service for your company: one that fits your needs and your company culture. You want a payroll provider you can trust with confidential information and rely on for support. You want a payroll service that can streamline your efforts and deliver results.
Your payroll manager is key to your organization’s smooth operations. After all, they are responsible for making sure employees receive accurate, timely pay. But running bi-weekly or semi-monthly payroll isn’t the only responsibility of your payroll manager. This role is also essential for maintaining compliance with tax and HR laws and delivering a positive employee experience.