7 modern payroll challenges (and how to overcome them!)
Payroll is often seen as a cog within the wheel of business. However, it’s rarely glitch-free. It’s complex and fraught with challenges but although it does not contribute directly to the bottom line, it is indispensable. For any organisation, understanding the key challenges and ensuring it is properly geared to deal with them is vital.
To help you ensure your payroll is as efficient as possible, we have put together a guide listing 7 of the most common challenges faced by modern payroll department, ranging from changing perceptions of payroll in your company to dealing with legislative changes like RTI and auto enrolment.
Below is an example of one of the challenges we discussed. To see the rest of the challenges, as well as tips on how to overcome them, download your free copy of the guide.
Payroll is undervalued in today’s organisations
Payroll is often taken for granted and viewed as no more than a commodity in many companies today. Most employees will have limited knowledge of payroll and the important function that it plays – it may be seen as an administrative burden that is necessary but provides no real added value to the business.
It is a constant battle for payroll professionals to change the perceptions and pre-conceived ideas of their role in a business. If you suffer from this issue, ask yourself the following questions:
- What are the core elements and characteristics of your service?
- What do other departments need to know about your service, its benefits and how best to use it?
- What is the most effective communication media for distributing this message?