How Employee-Driven Payroll Shapes The Future Of Business
Employees can already enroll in benefits, request paid time off, and manage their timesheets using self-service technology. This same technology now allows them to do their payroll.
By automating the payoll process, your company can maximize the return on its HR technology investment while maintaining compliance.
This guide looks at how employee-driven payroll empowers workers to view, manage, troubleshoot, and approve their paychecks before they are submitted, reducing liability while allowing HR to focus on more strategic initiatives.
Here’s what the power of employee-driven payroll does for your business:
- Automating payroll boosts efficiency and paycheck accuracy by reducing costly, manual HR tasks.
- When employees do their payroll, it yields advanced 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, and much more…
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