Faster payments survey report 2022

Contents

Foreword

3 3 3 3 4 4 5 5 5 5 5

Problem/ purpose

Key findings

Conclusion of results

Processing payments

What type of payments are made by the payroll team?

Payment errors

Payments made outside of payroll

How many payments are made outside of the regular pay run each month?

Recovering overpayments

What proportion of overpayments to leavers are eventually recovered?

BACS deadlines

6

Correcting payment errors

6 6

How do you make payments to employees outside of usual pay days?

How are errors corrected? Who pays for these errors?

7 7

Would employees be better motivated to working additional shifts/overtime if they were paid more quickly?

8

Faster payments in payroll

8

Conclusion

9

2

FASTER PAYMENTS SURVEY REPORT 2022

Made with FlippingBook - Online magazine maker