Done poorly, payroll can damage the employee experience. Done well, payroll builds trust. Done strategically, payroll strengthens culture, optimises cost and enables better decision-making.
Payroll industry overview
Did you know that 24% of employees will start job hunting after just one payroll error, and 49% will begin looking after two?
There’s no doubt that payroll is essential to maintaining a happy and engaged workforce.
That said, payroll has typically been viewed as a back-office function, simply there to carry out one key task: ensure staff are paid correctly and on time.
You don’t need us to tell you that this view severely undersells the value payroll professionals can offer.
In this guide, we’ve examined the current state of the payroll industry, sharing our thoughts on where the profession is going and how you can become more strategic.
