Why employees should do their own payroll

In school, if you scored a 99% on a test, that would be a cause for celebration. Pull that off on a bar exam, and you've accomplished an unworldly feat. Tout 99% accuracy about your company's payroll, however, and you'll almost certainly raise more eyebrows than glasses of champagne.

The price of rectifying errors can add up. When has cutting a makeup check or conducting an on-the-fly audit ever been convenient and cost-effective? The importance of payroll accuracy is paramount, that 69% of Americans live paycheck to paycheck. When an employee suffers from a paycheck error, you would be hard-pressed to appraise their fractured trust.

Employee-driven payroll offers an extra layer of protection, courtesy of the people who know their pay best, allowing mistakes to be caught. And more importantly, resolved — before submission, before they boil over into an emergency and before they have a chance to chip away at your bottom line.Payroll isn't a crime thriller. Likewise, there's no fun in trying to unravel a secret surrounding someone's paycheck.

Most employees are already doing things like enrolling in their own benefits, declaring their tax withholding status, submitting expenses, requesting time off, and completing their own timecards. So why wouldn't they have a hand in verifying all of this is accurate when it comes to payroll? With traditional payroll, it's as if HR is building a bridge over a field between two sidewalks.

Paycom Why not fire all those HR people doing NOTHING and give that money to the worker bees? Instead of building HR empires that do NOTHING!

Paycom Pretty soon you will have the employee do their own performance review! OH WAIT! They already do! They save the companies all the monies they would be paying all those HR people! But where is their pay increase for doing all that extra work?!

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