Part of the Payroll Decision Support Network
Bloomberg BNA's Off-Cycle Payments: Bringing More Certainty to Uncertainty to Minimize Payroll Costs provides tips, techniques, best practices, and worksheets to help you reduce the amount of off-cycle payments. The report identifies the problem areas that give rise to unnecessary time and expense and outlines what measures will significantly reduce or eliminate their occurrence.
Price: $275 Print
Create procedures today that will have a positive impact in holding down overall payroll processing expenses.
Off-cycle payments are an inescapable fact of business life. However, the off-cycle payments that are avoidable — those that are the result of discrepancies introduced somewhere in the process —represent an added or unnecessary expense that the company most likely would not have incurred had proper workflows, data entry, and/or administrative procedures been followed.
One discrepancy can snowball into a myriad of catch-up processes that often include the production of a manual, off-cycle payment, creating a disproportionately negative impact on a company’s bottom line.
To better understand how off-cycle payments impact the bottom line, you need to understand your overall payroll operations — as the nature and frequency of off-cycle payments may be just the symptom of a larger problem. The presence of a large number of off-cycle payments can be an indicator of other, more fundamental management problems hiding below the surface that have not yet been picked up by more conventional reporting systems.
Bloomberg BNA’s Off-Cycle Payments: Bringing More Certainty to Uncertainty to Minimize Payroll Costs will help you understand and find solutions to these problems.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to email@example.com.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to firstname.lastname@example.org.
Put me on standing order
Notify me when new releases are available (no standing order will be created)