Payroll is a vital part of any business, yet almost all companies get it wrong — says Damon Tunnicliffe, Head of Payroll at Duncan & Toplis. 91% of UK companies admit to making payroll errors every month, according to a recent survey. Worst still, the scale of this is up to £150,000 in company losses. Clearly, when it comes to people’s hard-earned income, payroll errors are a costly mistake. Employees have regular outgoings that, in the vast majority of cases, can’t simply be deferred or shifted due to late payments. A single behind-schedule transfer can have disastrous effects on your workfor…
