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The Real Cost of Payroll Errors and How to Avoid Them

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

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