Reaction timeframes One of the concerns highlighted by payroll teams has been the need to react to key developments more quickly, with July’s general election and the subsequent King’s Speech both being recent examples.
The pressure placed on payroll professionals to carry out their duties without any room for error can often be overwhelming and their fear of getting it wrong can be a key source of anxiety and stress.
53% ARE HAPPY WITH THEIR CURRENT PAYROLL SOFTWARE
When asked if they feel there’s been increased pressure to implement changes in shorter timeframes, more than three-quarters ( 76% ) of respondents said yes, compared to just 16% who said no. A minority ( 8% ) hadn’t considered this.
DO YOU FEEL THERE’S BEEN INCREASED PRESSURE TO IMPLEMENT CHANGES IN SHORTER TIMEFRAMES?
8% Not considered
16% No
76% Yes
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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FUTURE OF PAYROLL REPORT 2024
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