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Maintaining accurate payroll records is a key HR responsibility. However, one in four employees have received a paycheck with errors, and 29% of employers say they only uncover these mistakes when running a payroll audit.
Organizations must make sure they’re paying their employees correctly and on time, and comply with ever-changing employment laws and payroll regulations. Although Payroll is sometimes a separate department from Human Resources, they must both work together on payroll audits to ensure accuracy and compliance.
In this article, we’ll explore what a payroll audit is, different types of payroll audits, their purpose, and how to conduct