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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