In reality, payroll is a complex business function that requires highly trained and specialized expertise.
Play Video
When done successfully, payroll provides a host of benefits. It’svital to business continuity that workers be paid accurately and on time, even in times of flux . It protects businesses from fines and penalties by ensuring compliance with a host of legislative responsibilitiesthroughout the year and in case of audits. It supports employee engagement and retention by building trust and supporting employee financial well-being.
Beyond the operational benefits of treating payroll professionally, there are also benefits concerning productivity that business owners should be aware of..Growing financial stress on workers that can result from payroll mismanagement directly impacts workers’ ability to focus on the job. Economic analysis by the Financial Wellness Lab of Canada conservatively estimates that
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Opinion: On LNG, Canada turned away Germany, then Japan – this country cannot keep doing thatMore trading partners will come asking for Canada’s natural gas, and this country cannot again send them packing
Read more »
Opinion | Commercial parking levy would help city balance budget, fund transitOpinion: There’s nothing radical or new about taxing commercial parking spaces. New York, Vancouver and Montreal do it and it works, writes Gideon Forman.
Read more »
Opinion: Preston Manning’s COVID-19 panel appointment is a $253,000 jokeNormally, there would be outrage over such a partisan, biased appointment. In Alberta, people just shrug
Read more »
Opinion: Random acts of violence won’t end, if all we do is react to themSpending more money on enforcement, instead of seriously examining the sources of people’s discontent and pain, only allows the problem of random violence to fester. I know this firsthand
Read more »
Opinion | Real health innovation means investing where health beginsOpinion: Good health outcomes require adequate social investments, a fact many doctors try to address when they want to (but can’t) prescribe poverty reduction, child care and housing.
Read more »
Opinion | Goodbye journalism, and thanks for everything you taught meI’ve spent 30 years covering the area where economics, public policy, business and politics intersect but the time has come for me to say farewell, Heather Scoffield writes.
Read more »