What happens if we deliver only 95% payroll. Can’t we save enough money and enough resources? We know at least 20% to 40% of the payroll time is spent on final product checking to find those possible 2% to 5% error which could have hit the employee.
If the companies compensation policy, countries legal structure and bargain agreement, Employee morale maturity and job market conditions allow....can we capitalize this saving.
I mentioned in my earlier post payroll is not a primary process rather symptom. By extending the same rule, I am pushing us to think in terms of how we can save this cross subsidizing effort.
Premises in this proposal are very robust payroll system and defined data flow logistics.
Let us think one more time…why do we audit payroll and what happens if we don’t….what is the cost of attempt to create accuracy at payroll level.
What is the cost of payroll accuracy? What will be the cost of pay slip at accuracy rate of 99%, what it is at 98%, and what it is at 97%...what it is at 95% or at 90%.............
If the companies compensation policy, countries legal structure and bargain agreement, Employee morale maturity and job market conditions allow....can we capitalize this saving.
I mentioned in my earlier post payroll is not a primary process rather symptom. By extending the same rule, I am pushing us to think in terms of how we can save this cross subsidizing effort.
Premises in this proposal are very robust payroll system and defined data flow logistics.
Let us think one more time…why do we audit payroll and what happens if we don’t….what is the cost of attempt to create accuracy at payroll level.
What is the cost of payroll accuracy? What will be the cost of pay slip at accuracy rate of 99%, what it is at 98%, and what it is at 97%...what it is at 95% or at 90%.............
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