Common Payroll Mistakes & How To Avoid Them When you become an employer, you are bound to make mistakes along the way, some bigger than others. While business expansion and steering through the ever-changing business landscape would demand most of your focus, business finance, bookkeeping and accounting are the first and obvious to be oversighted. You may get an opportunity to resolve most of the finance and accounting mistakes as long as your employees are being paid accurately and on time. Payroll is a complex and time-consuming process which is subject to ever changing regulations. Correct and on-time pay is one of the most basic expectations an employee has from the employer. Payroll mistakes can cost employees and businesses alike. Correcting payroll errors takes time and can be incredibly unsettling for employees. Also, failure to comply with federal, state, or local rules can lead to fines & penalties while losing talent to other employers who are considered more accountable. This blog covers some of the most common payroll mistakes and tips to avoid them.All Rights Reserved