Why Payroll Is Such a Bummer — and What You Can Do About It [Infographic]
Payroll is a necessary component of any business. Simply put: You can’t run a company without paying some people to work there.
The problem is, however, that payroll can be a tremendous pain. A new infographic from HR software purveyors Namely points out that a quarter of payroll leaders spend more than half their days on mundane payroll activities and that payroll mistakes cost employers a total of $4.5 billion in IRS penalties in 2013 alone.
More importantly, Namely’s infographic also offers these same beleaguered companies six simple ways to reduce the stress caused by their payroll operations. From instituting direct deposit programs to hopping onto the unlimited PTO bandwagon, these are all totally doable things that can make life easier for organizations of all sizes.
Check out the full infographic below: