Attend this webinar to learn about the real cost of payroll errors and how you can avoid them with Paycom.
Employees don’t just work to get paid — they work to get paid correctly. Despite this, Ernst & Young (EY) reports 1 in 5 payrolls contain errors. Each error costs a business $291 on average. One 1,000-employee business EY studied spent nearly $1 million fixing preventable mistakes each year.
EY also found a full-time payroll employee spends over half a year correcting common payroll issues. Noncompliance takes its toll, too. EY discovered annual regulatory and litigation costs reach up to $100,000.
Payroll issues need to be resolved before inaccurate pay hits an employee’s check. If you’re tired of unnecessary mistakes, join this webinar to hear:
- the consequences of payroll errors
- the five most common issues and what they cost
- how HR tech helps HR professionals invest more time in higher-reaching goals and initiatives