Curated News
By: NewsRamp Editorial Staff
March 18, 2025
Study Reveals Organizations Falling Short in Strategic Payroll Function
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- Automated and strategically aligned payroll systems offer a 16X advantage in efficiency.
- HR.com's Future of Payroll 2025 report emphasizes the need for strategic payroll management for cost savings and employee satisfaction.
- Implementing modern payroll strategies can enhance employee experience and overall organizational efficiency.
- The HR Research Institute's findings highlight the importance of automation and integration in improving payroll functions.
Impact - Why it Matters
This news highlights the critical need for organizations to prioritize strategic payroll management to drive efficiency and enhance employee satisfaction. By addressing challenges and implementing modern solutions, HR professionals can elevate their role within organizations and optimize payroll operations for better outcomes.
Summary
New research from HR.com’s HR Research Institute reveals that most organizations fall short in making payroll a strategic function, leaving opportunities for cost savings and employee satisfaction untapped. The study emphasizes the importance of injecting more strategy into payroll processes to enhance efficiency and employee satisfaction. Companies with advanced payroll functions are seeing significant advantages, but challenges such as lack of technology integration and automation persist.
Source Statement
This curated news summary relied on this press release disributed by Newsworthy.ai. Read the source press release here, Study Reveals Organizations Falling Short in Strategic Payroll Function
