GLOBAL PAYROLL MAGAZINE
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The Talent Gap Pressures Payroll’s Future P ayroll has long been treated as a back-office function. But now it is at a crossroads. A serious decline in experienced payroll talent is putting pressure on
organisations to rethink how they deliver payroll. . Global payroll expert Pete Tiliakos notes that 70% of payroll leaders worldwide have more than 11 years of experience, and almost half have over 20 years under their belts. That concentration of senior expertise means many are nearing retirement.
Few new professionals are entering the field at the rate needed to replace them. Tiliakos describes the inflow of new talent as “already anaemic” and showing no signs of acceleration. That shortfall is forcing firms to face a difficult question: Is it realistic to maintain
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ISSUE 17 GLOBAL PAYROLL MAGAZINE
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