Employees Confident Paycheck is Accurate
SAN ANTONIO, Sept. 17 /PRNewswire/ -- Even in a down economy, workers
say they can still count on one thing -- their paycheck. Eighty-eight
percent of American employees are confident their paychecks are accurate
every payday, according to results from the NPW "Getting Paid In America"
survey.
"It is a testament to the dedication of America's payroll professionals
that nearly 90% of surveyed workers are certain that their paychecks are
correct each payday," said Sam Kerch, director of tax research for
PaycheckCity.com.
Increasingly complex tax laws and benefits make paycheck calculation a
challenging task. Many companies outsource parts of the payroll function.
"One of the real values of using a payroll service is the confidence it
provides -- knowing that employees' paychecks will be processed on time and
accurately," said Walter Turek, senior vice president, sales and marketing
for Paychex, Inc.
About 9.3 percent of respondents, 4,200 of more than 45,000 American
employees surveyed, indicated they are not confident their paychecks are
accurate. Much of this uncertainty is related to manual timekeeping
processes.
"While nearly 90 percent of workers report that they are 'certain'
their paycheck withholdings are correct -- a testament to the many
hard-working payroll professionals -- nine percent report some level of
uncertainty," explains Robert Farina, CEO of CyberShift. "With continued
adoption of workforce management solutions, organizations enable payroll
professionals to ensure accurate paychecks and eliminate the gap of
uncertainty."
Employees can check their paycheck accuracy with the paycheck
calculator at http://www.nationalpayrollweek.com.
The annual "Getting Paid In America" survey is part of the National
Payroll Week celebration spearheaded by the American Payroll Association.
The question asked "How certain are you that your payroll withholding and
the net amount of your paycheck are correct each payday?" For complete
survey results, visit http://www.nationalpayrollweek.com.
San Antonio -- New York -- Washington, D.C. -- Las Vegas
Established in 1982, the American Payroll Association (APA) is the
nation's leader in payroll education, publications, and training. The
nonprofit association conducts more than 300 payroll training conferences
and seminars across the country each year and publishes a complete library
of resource texts and newsletters. Every year, nearly 20,000 professionals
attend APA training sessions. Representing more than 23,500 members, APA is
the industry's highly respected and collective voice in Washington, D.C.
Visit APA online at http://www.americanpayroll.org.
SOURCE American Payroll Association
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