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Payslips baffle employees
Three-quarters of employees don’t understand the information on their payslip and over half have been affected by a payroll error, according to a YouGov survey.
The poll also revealed that one in 10 fails to check their payslip while one in five wouldn’t notice a pay error at all.
Employers are more likely to underpay than overpay, the survey added, with 41% of those affected by an error not receiving what they were entitled to compared to 17% who were paid too much.
“Employers should encourage employees to consistently check this information and educate them on what to look out for,” said Ian Sparrow, director at ADP Employer Services, which commissioned the research.
Post Date: October 30th, 2007