More than a third of UK employers say that manual payroll processes are causing stress for their teams, according to PayFit research.
Payroll management poses significant challenges in its current form, with work to do on pay & compensation too, not to mention anxieties (as well as optimism) around future innovations.
That’s according to more than 500 UK businesses PayFit surveyed on the state of payroll, and how it’s being transformed by technological, economic and societal developments.
To have such a business-critical function still causing headaches for businesses in 2024 is a massive blocker to its effective operation. But there is cause for optimism, and the potential for change to come about, if the appetite is there.
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