Benchmarking survey report 2023

Accuracy, timeliness and completeness What’s the agreed level of accuracy for the payroll(s) of your employees / your clients? Accuracy is a key factor when processing payroll and it’s promising to see this was collectively 98–99% for 44% of the audience and 13% for 96–97%. Amazingly, 20% of respondents report achieving a level of 100% accuracy.

AMAZINGLY, 20% OF RESPONDENTS REPORT ACHIEVING A LEVEL OF 100% ACCURACY.

25% who voted for ‘Other’ stated: ● There were no service level agreements (SLAs) or agreed accuracy levels ● This isn’t measured ● No KPIs used.

Those also expressed that even though there was no agreed level, 95 – 100% is always the target.

44%

25%

20%

13%

3% 0% 0%

0% 1%

Below 88%

88% – 89%

90% – 91%

92% – 93%

94% – 95%

96% – 97%

98% – 99%

100%

Other

Percentage of all payrolls accurately processed

14

Percentages have been rounded to the nearest whole number for clarity and in some instances may not total 100%

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