6 Common Problems in Payroll
Employee wage management is difficult without a payroll system software because it is hard to keep track of their wages if you do it manually. Unknowingly, you have already been losing a lot of money because of these payroll mistakes. Here are some of the common payroll errors that you will most likely encounter:
Too Much Administrative Tasks
Oftentimes, it is overwhelming for the HR team to do all the administrative tasks in recording the wages of all of your employees. Most of it should be automated using a payroll system software to lessen their burdensome workload.
Unorganised Records
It is hard to keep all the records in one spreadsheet because it is time-consuming, Also, the list is going to be long that it would be impossible to track each one of the records whenever a piece of information needs to be verified.
Failing to Monitor Absences
It’s difficult to predict the absences of all your employees, especially if they frequently use their sick and unpaid leaves. If this continues, then it would be unfair for the others who make sure to maintain a complete attendance record.
Compliance Problems
Deductions such as government-mandated work policies can be confusing so it’s still better to invest HR software solutions that can automate the deductions that are needed in each of their wages.
Not Tracking Overtime
Your employees will soon lose motivation in work if you keep on delaying their overtime pay just because you forgot to include it in their payroll. It would be more efficient if there is a payroll software that they can use to file their overtime,
Timekeeping Issues
Your HR staff has other tasks to do so they cannot always monitor all the time-ins and time-outs of all the other employees. However, it is crucial to keep track of it, especially if they need to go on their breaks.
To fix all these issues, consider investing in payroll software in the Philippines. If you are currently looking for one, then check out Laureoli Philippines now!
Resource:
https://visual.ly/community/Infographics/business/6-common-problems-payroll
