Payroll is a routine but painful process for thousands of businesses. HR teams have several stressors depending on their industry, and payroll can add even more, like:
- frustrated employees
- time-consuming corrections
- costly noncompliance penalties
- and more
And when payroll fails, the blame often falls on HR. In fact, 91% of HR pros agreed that incorrect payroll breaks employees’ trust, according to a OnePoll survey commissioned by Paycom.
It makes sense given payroll errors harm employees the most. Unfortunately, 73% of them have experienced an issue with their pay at least once, according to a separate study from The Harris Poll commissioned by Paycom. It found among employees:
- 35% had their overtime miscalculated
- 27% had a failed direct deposit
- 22% received past due expense reimbursement
- 21% found incorrect tax deductions
And these errors don’t just cause problems for employees; they leave their employers liable. What if there were a tool to give employees unprecedented insight into their pay and lower the stress around payroll that haunts HR?
How does employee-guided payroll help reduce HR’s stress?
An employee-guided payroll tool like Paycom’s Beti® alleviates HR’s pain by putting the process where it always belonged: in employees’ hands. It works by automatically flagging payroll errors, then leading workers to fix them before submission.
Employees expect the same level of control and convenience they enjoy as consumers. So why not build upon that desire to create a more precise and efficient payroll process? After all, 74% of employees told The Harris Poll they would prefer to manage their own payroll data, rather than let HR do it for them.
Plus, when employees use Beti to do their own payroll, it saves HR from:
- tedious tasks
- endless corrections
- needless data reentry
- stress around the process as a whole
Best of all, employee-guided payroll doesn’t come at the cost of compliance. Beti doesn’t remove HR from the process — it just gives those team members much-needed space to breathe.