11 Common Payroll Mistakes—and How to Prevent Them
Download the Brief
Every business owner knows how critical an accurate, reliable payroll process is to an organization’s success. Paying employees in compliance and on time every pay period is vital to building trust with staff. In addition to negatively impacting employee engagement and retention, common payroll mistakes can trigger serious fines, penalties, and interest. When employers are caught not paying the correct payroll tax, misclassifying employees, not compensating accurately for hours worked, or other errors, they incur staggering fines, penalties, and legal fees. Sometimes the cost of these errors may even shut a business down. MP’s payroll experts share what employers need to know about the most common payroll mistakes. Download the brief to:
- Learn the 11 most common payroll mistakes employers make
- Get proven strategies for preventing payroll mistakes related to wage garnishments or missing tax or payroll deadlines
- Avoid leaving money on the table with payroll tax breaks
- Find out key steps to reduce risk and ensure payroll compliance