Payroll Benchmarks and Analysis Report 2007
The findings in Payroll Benchmarks and Analysis Report 2007 identify the key metrics payroll professionals are using to assess performance and present the best practices they are implementing to drive down the costs of producing payroll.
With surveyed companies representing a broad range of industries and sizes, you’ll gain invaluable insights into the challenges and opportunities facing both colleagues and competitors.
The study analyzes the metrics of dozens of Payroll functions:
- Payroll Outsourcing Costs
- Payroll Department Budgets
- Training Costs
- Tax Filing & Reporting
- Cost Per Payroll Payment
- Error Rates
- Days to Process New Hires
- Cost Per Payroll Inquiry
- Days to Resolve Payroll Inquiries
Plus, the study uncovered nearly 20 proven strategies used by today’s payroll professionals to drive down the costs of payroll operations.
The research team from BNA subsidiary IOMA asks targeted demographic and operational questions about the respondent companies to create a profile that you can use to evaluate the findings in a meaningful context, recognizing the challenges of benchmarking one payroll department against another. These contextual profiles cover:
- A complex employee population profile
- The expertise of payroll department staff
- The level of technological sophistication
- Union v. nonunion environments
- Multiple locations (e.g., states or countries)
- And more!
For more information about Payroll Decision Support Network or to arrange a complimentary demonstration with one of our Account Executives, please call 1-800-372-1033.
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