Infographic

How Self-Service Payroll Boosts Accuracy and Alleviates Financial Stress

See how automated payroll tech puts employees first, prevents errors and supports compliance.

Download our infographic to see how self-service payroll transforms organizations.

Paycom’s Beti automatically finds errors and guides employees to fix them before submission.

41% of employers know financial stress impacts their employees’ ability to focus.

90% of employees find value in being able to find and fix payroll errors in advance.

Since Beti truly engages employees with their payroll, it enhances their pay literacy and empowers them to plan accordingly.

A staggering 65% of employees said they are living paycheck-to-paycheck* according to a December 2023 survey conducted by Pollfish and commissioned by Paycom. And in a more recent Pollfish survey, 30% of full-time employees said they’ve been impacted by a payroll error.**

Even when it’s straightforward to fix an issue, it still unnecessarily wastes time for HR professionals. Instead of focusing on compliance or the employee experience, an HR employee could lose up to 29 workweeks a year overcoming just the most common payroll challenges. And that doesn’t even account for the additional financial stress that can be placed on employees.

It’s time to end the consequences of outdated payroll. Beti® is Paycom’s automated payroll experience. It automatically finds mistakes and guides employees to fix them before submission. Your people don’t just have to hope their pay is right — Beti ensures it!

Which payroll errors waste most of HR’s time?

While every company could have a unique issue requiring an extensive fix, Ernst & Young found the most time-consuming errors often involve time punches and expenses.

A full-time payroll employee could expect to sink 55 business days — or 11 workweeks — into correcting time punches alone. Issues with expenses aren’t far behind; addressing them can consume over 32 business days. Plus, HR loses over 56 more business days fixing:

uniform charge errors
health savings plans
sick time

What are the other tough challenges in payroll processing?

Beyond the risk of rampant mistakes, an outdated payroll process forces HR to deal with:

poor data input
inaccurate reporting
late submissions

Without a payroll automation process, HR may juggle a shared mailbox, call center or more to handle employees’ questions. With Beti, however, employees get full insight into their pay in advance, so they can plan accordingly.

*A December 2023 survey conducted by Pollfish and commissioned by Paycom of 2,200 U.S. full-time employees working 40+ hours per week.
**A July 2024 survey conducted by Pollfish and commissioned by Paycom of 2,200 U.S. full-time employees working 40+ hours per week.

To learn more, download the How Self-Service Payroll Boosts Accuracy and Alleviates Financial Stress infographic.