04:05 GLOBAL
Never Underestimate the Power of Integrity Whoever said payroll was boring?! Recent splashy headlines about a scandal which rocked payroll and HR have taught us all a valuable lesson
about the choices we make, our susceptibility to shiny new things and where integrity now falls on our list of priorities. Isn’t it high time we got back to basics? A t its heart, payroll is a function that is all about trust. Employees place trust in their employers to pay them a fair wage in an accurate and timely way, employers trust their payroll provider to process payments accurately, maintain
Even seemingly small payroll errors have a ripple effect that can shake employee trust and loyalty or lead to reputational damage when that employee discusses their experiences on a larger stage, such as social media. For businesses, these errors can breach regulatory requirements, leading to fines and a negative impact on their corporate image.
compliance and safeguard confidential information, and global businesses trust global payroll professionals to ensure consistency and excellence across borders.
44 I 04:05
GLOBAL PAYROLL MAGAZINE ISSUE 10
Made with FlippingBook - Share PDF online