Employees Extremely Confident Paycheck is Correct

Sep 16, 2011, 11:14 ET from American Payroll Association

SAN ANTONIO, Sept. 16, 2011 /PRNewswire/ -- Ninety percent of employees are confident their paycheck is accurate, according to the 2011 "Getting Paid In America" survey recently conducted by the American Payroll Association.

"Increasingly complex and ever-changing tax laws have made calculating a paycheck an extremely difficult task," said Dan Maddux, executive director of the APA. "The overwhelming confidence of America's workers in their paychecks is a testament to the great job being done by our nation's payroll professionals."

Employees can double check their paycheck is accurate with the paycheck calculator at www.nationalpayrollweek.com.  

"One of the primary responsibilities of an employer is to ensure that they are paying their employees correctly," said Amy Brar, senior director, HR & payroll product line, Kronos. With various complexities from performing multiple jobs at different pay rates in an organization, to ongoing and varying legislative changes, creating that perfect paycheck is no easy task."

The "Getting Paid In America" survey by the APA asked "How certain are you that your payroll withholding and the net amount of your paycheck are correct each payday?"  More than 26,000 of the more than 29,000 survey participants indicated they are very confident or confident their paycheck is correct each payday.

"We recognize the importance of accurate paychecks as a retention tool," said Kristina Drobocky, Americas product manager, finance, Kelly Financial Services®.  "We need to ensure that payroll options such as direct deposit and paycards are available, easy and accurate for a diverse workforce."

The "Getting Paid In America" survey coincides with APA's annual public awareness campaign National Payroll Week (NPW), held annually during the week of Labor Day. More than 29,000 employees responded to the survey, providing insight into how employees are paid in America. For complete results, visit www.nationalpayrollweek.com.

The APA is the nation's leader in payroll education, publications, and training. Visit APA online at www.americanpayroll.org.

SOURCE American Payroll Association