Self-service technology already allows your employees to enroll in benefits, request paid time off and manage their time sheets. Now it lets them do their own payroll. This guide examines how employee-driven payroll gives workers the power to access, view, manage, troubleshoot and approve their own paychecks, all before submission, helping drive down liability while empowering HR to focus on more strategic initiatives.
How Employee-Driven Payroll Shapes the Future of Business
- Automating payroll boosts efficiency and paycheck accuracy by reducing costly, manual HR tasks.
- When employees do their own payroll, it yields advance clarity, higher confidence, improved financial literacy and greater employer trust.
- Fewer payroll mistakes translates to less rushed, inconvenient corrections and more help in compliance protection.
- Paycom’s industry-first experience, Beti™, seamlessly includes employee-driven payroll as part of a comprehensive, single HR software.