6 Reasons Your Employees Will Access Your Payroll & HR Software
6 Reasons Your Employees Will Access Your Payroll & HR Software

6 Reasons Your Employees Will Access Your Payroll & HR Software

Whether it’s on a laptop, a tablet or a smartphone, employees are taking advantage of their ability to easily check payroll and HR records. New technology has paved the way for employees to feel more empowered when it comes to reviewing their important information.

The benefits of online payroll systems are not limited to the payroll and HR staff. Here are six advantages to employees when your company switches to an outsourced payroll system.

1. Confidential access: Employees can access their payroll records and current hours worked independently and privately, without asking for permission from a staff member in the payroll department.

2. Ability to review pay stubs online: For employees who work for hourly wages and are sometimes asked to work overtime hours, paychecks can vary considerably. Allowing employees to access a year's worth of pay stubs can give them the ability to "average" out their overtime pay and budget accordingly. Reviewing pay stubs in comparison with their usual annual tax liability or tax refund can help them determine if they should increase or decrease the amount of federal or state taxes withheld from their gross pay.

3. Information is available 24/7: For businesses that run in shifts – 24 hours per day – only about 1/3 of your people are working during the time that the payroll office is staffed, and that is only counting weekdays. Employee access to their own pay records saves night shift employees from having to come in during business hours or waiting until Monday morning for answers.

4. Access to PTO information: Every employee is interested in their PTO balance, and easy access saves your payroll or HR office from having to look up the information. And when it comes to requesting time off, online employee self-service makes a lot of sense.

5. Access to 401K plan and insurance premium information: Employees can review their progress in saving toward retirement, the cost of their current insurance plan and the worth of their employee stock purchase program. Regular access to this information can provide them opportunities to increase savings, eliminate certain types of insurance and otherwise manage their portfolio.

6. Ability to review upcoming work schedules. Not only does this help avoid absences due to misread schedules, employees can spot errors in their hours worked and have them corrected by their supervisors before an incorrect paycheck is issued.

With the numerous efficiencies technology provides your payroll staff, don’t forget to consider how the system can benefit your entire company. These are just six ways your employees can benefit from an online payroll application. Paycor will show you how our platform can provide additional benefits companywide. Contact us for more details.

More to Discover

EXECUTIVE SUMMARY of the BUILD WEB SUMMIT

EXECUTIVE SUMMARY of the BUILD WEB SUMMIT

BUILD a Company No One Wants to Leave More than 10,000 HR professionals registered for Paycor’s two-day BUILD Web Summit! Industry experts offered insights on how to build a company no one wants to leave. If you missed the Summit, here’s a quick overview of each session. BUILD a Compelling Benefits Package In a hypercompetitive job market, the benefits you offer can help you recruit, engage and retain talent. Our speaker, Andrea Toben, says that building the right benefits package is one of the most important things you’ll do in the life of your business. Andrea advises companies to consider these non-traditional programs. Financial BenefitsFinancial and estate planning assistance Budgeting and cash-flow tracking tools Credit monitoring...

BUILD Web Summit - Build a Burnout Resistant Culture

BUILD Web Summit - Build a Burnout Resistant Culture

“The U.S. ranks 30th out of 38 countries in work-life balance which is the bottom 20%. Over 11% of employees in America work more than 50 hours per week.” Join us as we discuss ways to attack burnout from a work efficiency perspective in order to build a burnout resistant culture. Employers need to encourage and reward work efficiency in conjunction with work-life balance, instead of long, unproductive hours. Speaker: Eugene Partridge Eugene Partridge, III is the Director of Procurement for Paycor, Inc., as well as a speaker, author and music producer. He uses his influence to invoke change and his voice to deliver life changing messages of inspiration. He was honored to be a TEDx speaker in May 2019. He has spoken for Cincinnati USA...

BUILD Web Summit - Build a Culture of Feedback

BUILD Web Summit - Build a Culture of Feedback

Peter Drucker said “Culture eats strategy for breakfast.” HR professionals who connect the two have a powerful impact on their organization. In this session, we’ll review practical ways to activate and reinforce culture. We’ll also review ways to stimulate conversations about culture from the top to the grass-roots. Speaker: Karen Crone Karen is Paycor’s CHRO. She’s responsible for scaling Paycor’s people practices in support of its rapid growth, and for reinforcing its strong culture across an evolving geographic footprint. Over the last nine years, Karen has helped Paycor grow from 400 to over 1,800 associates. Her current focus is on enhancing Paycor’s culture and developing its future leaders. She’s a graduate of Miami University and...

BUILD Web Summit - Why Employees Leave

BUILD Web Summit - Why Employees Leave

"People don't quit jobs, they quit managers." That's the conventional wisdom that HR and business leaders have repeated for years. But the truth is, most people who quit, actually do quit their JOB, and the myriad of reasons why they quit are under leadership's control - including company culture, the work environment, purpose, direction, and (of course) managers. All business leaders have a responsibility to create and nurture workplace environments that attract, recruit and RETAIN the employees necessary to achieve their organization's strategic goals and objectives. In this session, we'll discuss how HR Leaders can step into - and embrace - that responsibility, in order to prepare our companies to win! Speaker: Jennifer McClure...