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Guest: Steve Boese, H3 HR Advisors
In a new nationwide study, Ernst & Young (EY) revealed the high cost of common payroll errors under the traditional system. On average, fixing a single payroll mistake costs a company $291.
The cost isn’t simply financial. Organizations also pay in time spent fixing these errors and managing the fallout they create. EY found, on average, a full-time payroll employee spends nearly 29 workweeks on corrections.
In this episode of HR Break Room®, H3 HR