Let's look at the impact of payroll on employee experience
Another excellent reason to ensure you’re with a great payroll provider – and not an average one – is your people.
You may have seen that recruitment is a hot topic at the moment - many businesses are struggling to attract the right candidates for their vacancies.
Here are three things which may occur on the back of a bad payroll provision.
Accessing payslips, completing timesheets, checking leave balances, updating personal details. People expect to be able to do this stuff anywhere, on any device.How your employees interact with their pay-related details should be quick and easy. If it’s archaic and slow, they will think you don’t care about it, and this will absolutely affect your employer brand.
In a nutshell, all of this is the difference between a great retention rate and a bad one. Plus, it has a knock-on effect on your need and ability to recruit.
This is a sure-fire way to make employees feel undervalued and demotivated.
We conducted research that found 60% of people have spotted mistakes on their payslips and 39% have been paid late. The result? One in five employees have quit their job over a poor payroll experience.
Employees are looking for more than just a salary - they want flexible and financial benefits.
Working hard to retain top talent? Offering great benefits might keep them from the temptation of joining other companies.
Zellis, What is the impact of a poor payroll experience on employees?September 2019
Pay documentsFrom payslips to P60s, access them all on the go, straight from the app.
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