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KEY FINDINGS
57.57% DON’T USE ANY TOOLS TO HELP EMPLOYEES UNDERSTAND THEIR PAYSLIP
BACS PAYMENTS CONTINUE TO DOMINATE PAYMENTS FOR PAYROLL
COMPLIANCE WITH THE EMPLOYMENT RIGHT ACT’S (ERA) RIGHT TO AN ITEMISED PAY STATEMENT HAS INCREASED SLIGHTLY, NOW REACHING 91.16%
FRIDAY REMAINS THE MOST POPULAR PAY DAY FOR WEEKLY, FORTNIGHTLY AND 4-WEEKLY PAYROLLS THE MOST COMMON PAY DAY CONTINUES TO BE THE LAST WORKING DAY OF THE MONTH 97% MONTHLY PAY REMAINS THE MOST COMMON PAY FREQUENCY WITH 96.60% OPERATING A MONTHLY PAYROLL
COMPLIANCE AROUND FULL PAYMENT SUBMISSION (FPS) FOR PAY DAY REPORTING HAS INCREASED BY MORE THAN 10%
THE NUMBER OF PAYROLL PROFESSIONALS THAT STORE ALL PAYROLL RECORDS ELECTRONICALLY IS STILL INCREASING, WITH A FURTHER RISE OF 8.57%
PRINTED PAYSLIPS CONTINUE TO DROP, FALLING BY 8.39% THIS YEAR
51.12% OF RESPONDENTS PLAN ON USING ROLLED UP HOLIDAY PAY FOR PART-YEAR AND IRREGULAR HOURS WORKERS COMPLIANCE ON HOLIDAY PAY REFERENCE PERIODS FELL BY 6.84%
RETENTION OF PAYROLL RECORDS FOR SIX YEARS PLUS THE CURRENT TAX YEAR HAS GROWN 26.49%
HOLIDAY PAY
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In most cases percentages have been rounded to two decimal places for clarity and may not add up to 100%. Graphics may have been rounded to whole percentages.
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