Effectively navigating the evolving payroll compliance landscape is key to acing an audit and evading costly penalties. Plus, the oversight added by empowering employees to truly own their data — such as through greater involvement in the payroll process — can reduce employer liability.
Yet a recent survey of 300 American HR, payroll and accounting professionals suggests many organizations are still struggling with the process’s many pitfalls. And 91% of them agree when payroll’s fault, it fractures employees’ trust in their business.
Fortunately, with the help of an informed workforce supported by an intuitive self-service experience, a perfect payroll is within reach.
To learn more, download the How to Elevate Compliance, Retention and Operations With a Perfect Payroll guide.
Paycom provides transformative HR and payroll software for the entire employee life cycle. A single, easy-to-use software empowers employees to access, manage and update their own HR data — from benefits and PTO to direct deposit and everything in between — all under the same digital roof. The transfer of responsibility from HR to employee increases accuracy, security and compliance; improves the overall employee experience, thus boosting retention levels; and frees HR to focus on driving greater business value.