2021 Global Payroll Efficiency Index: UK leads in tech-driven payroll error reduction, with lowest First-Time Approval rate and 3rd lowest Issues per 1000 Payslips.
The latest Global Payroll Efficiency Index (PEI) reveals UK payroll teams benefit from tech progress, reducing errors & increasing accuracy, with UK having the lowest First-Time Approval rate and 3rd lowest Issues Per 1000 Payslips. Global FTA fell by 0.55% y-o-y, while Data Input Issues declined by 1.1% YoY. Advancements in tech, such as AI, biometric payroll, and improved internal comms, are expected to continue revolutionizing payroll & employee management.
May 29, 2024
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