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Tag: errors

Payroll Report: Overlapping Records and How to Fix Them

When closing payroll periods, accuracy is key!  Several recent studies have shown that inaccurate payroll can affect company branding, reputation, and retention. In fact, a study by Kronos stated that 24% of employees will seek new employment after the first payroll mistake and 25% will leave after the second mistake. Therefore, you’re going to want to ensure that you keep mistakes to a minimum if you want to keep employees happy and dedicated. Luckily, Timesheets.com has built-in warnings and hard stops to highlight possible errors, which allows you to correct errors prior to paying staff.

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