The payroll team is one of those invisible functions that runs quietly in the background of a business, not attracting much attention unless something goes horribly wrong.
 

When it does, the impact on the business can be severe, ranging from angry employees who didn’t receive their correct salaries on time, to penalties for late or incorrect tax submissions or heavy losses, to fraud.

Remaining compliant and optimizing efficiency in the payroll is a journey without end. But keeping ahead of the admin need not be difficult or stressful.

AWCape's Jeff Ryan, in his article, Top 6 Ways To Take The Pain Out Of Payroll, lists some steps companies can take to assess the status of their payroll function, tighten compliance, and remain on a path of continuous improvement.

As we enter the annual compensation cycle, there are many factors that HR need to take care of. Check out Syndio's Nancy Romanyshyn's A Comp Cycle Like No Other: Here’s What Pros Need To Know, to understand what you need to know going into this year’s comp cycle to make sure you can prepare for the long-term, while also meeting shorter-term needs.

In Top HR Analytics Predictions For 2023: Part II, Terkel.io's Brett Farmiloe shares how HR and people managers foresee the future of people analytics.

Also, read HR Must Lead With A “Digital Mindset” by Brian Kasen and Andrew Sallee, and Telecommuting: The Reality Of Employee Expectations by Melvin J. Muskovitz.

That is not all! We have featured several other articles this month, and hope this edition of HRIS & Payroll Excellence will help you achieve excellence in your HRIS and payroll processes.

Happy reading and don't forget to send us your feedback!

 
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