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One in five U.S. payrolls contains errors, each of which costs an average of $291 to fix, according to Ernst & Young. It doesn't take much to make a mistake. A misplaced period, a four that looks like a nine, a wrong box checked — these are the kinds of small errors that can end up costing your business, not only financially but also by eroding employee trust, disrupting your operations, and tarnishing your organization's reputation. Understanding how errors like these occur is crucial to preventing them.
11 min read
One in five U.S. payrolls contains errors, each of which costs an average of $291 to fix, according to Ernst & Young. It doesn't take much to make a mistake. A misplaced period, a four that looks like a nine, a wrong box checked — these are the kinds of small errors that can end up costing your business, not only financially but also by eroding employee trust, disrupting your operations, and tarnishing your organization's reputation. Understanding how errors like these occur is crucial to preventing them.
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