Employees Still Confident in Paycheck

Oct 05, 2010, 11:16 ET from American Payroll Association

SAN ANTONIO, Oct. 5 /PRNewswire/ -- Even in a down economy, workers are still confident in one thing – their paycheck.  Eighty-nine percent of American employees are confident their paychecks are accurate every payday, according to results from the NPW (National Payroll Week) "Getting Paid In America" survey

"The importance to America's businesses and its employees of an accurate and on-time payroll cannot be understated," said Dan Maddux, executive director of the American Payroll Association.  "America's workers rely on and trust the nation's payroll system and the payroll professionals who administer it."

Increasingly complex tax laws and benefits make paycheck calculation a challenging task.  In addition to paying workers accurately and on time, these men and women work tirelessly to maintain compliance with ever-changing federal, state, and local regulations, helping their employers avoid costly penalties.

"Payroll requires the payroll professional to be connected to technology, service and compliance in a very visible and accountable manner," said Regina Lee, President of ADP Major Account Services and Small Business Services.  "Americans know they can depend on their paychecks, due in part to the reliability of the people who handle their payroll -- on time, every time."

The online "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 31,000 survey participants indicated they are confident their paycheck is correct each payday.

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 31,000 employees responded to the survey, providing insight into how employees are paid in America. For complete results, visit www.nationalpayrollweek.com.

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 22,000 members, APA is the industry's highly respected and collective voice in Washington, D.C.  Visit APA online at www.americanpayroll.org.

SOURCE American Payroll Association