Wednesday, November 17, 2010

Payroll Professionals call for accurate workforce management information

Absence management is still a major priority for payroll professionals, according to the results of Cybershift's 2010 APA Trendline Survey, "It's About Time". This admission comes as little suprise with recent industry research revealing that up to 6 billion man hours are lost to employee absence across Europe alone each year.

The Cybershift survey was conducted among attendees at the American Payroll Association (APA) and Canadian Payroll Association (CPA) conferences earlier this year, and covered a range of employee management topics; from current time and attendance challenges to the use of a contingent workforce and proposed new workplace legislation.

Results reveal that almost one-quarter of payroll professionals believe accurate employee time tracking information would make their jobs easier. In addition, nearly half of the respondents admitted that they find it difficult to capture accurate, real time data for absence, annual leave, sickness and payroll adjustments.

"It may surprise people, but many businesses are still using laborious manual processes to schedule, deploy and track the time and attendance of their workforce. Not only is manual tracking cumbersome and time consuming, but it also can impede decisions regarding workforce deployment and lead to compromised payroll accuracy,” stated MornĂ© P. Swart, CyberShift's VP of Product Management.

The 1,088 APA and CPA members who responded to the survey represented organisations of varying sizes and across a broad range of industries.


For more information on the Cybershift Survey click here.

1 comment:

Anonymous said...

I have a small business of mine and I want to hire a payroll company for take care of my accounts , Online there are lots of companies providing payroll services in fair pricing but I am confused which one should choose and on which bases. Can you elaborate about payroll specialties in a company?

PAYROLL

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