Numbers Don’t Lie:
What Payroll Metrics Can Teach You
Data by itself is only so useful, but by processing it and creating information, we can both measure and better understand the world around us. It’s a process we do all the time, from the weather to the price of gas and changes in the stock market. We then respond accordingly. But while this may be a common practice, we don’t always apply it to our roles at work. Sure, we often collect data. But data itself is no good if we don’t make use of it.
Payroll is awash in data—taxes withheld, hours worked and overtime due, to name just three measurable items. You can use these metrics to identify trends, find patterns and project the future. Or you can stumble around in the dark, hoping things line up, and coming up short on explanations when they don’t.
Gathering this data and creating usable information with it gives you the tools you need to identify and fix problems, save on costs and carve out your role as a key player at the decision-making table. In this session, join payroll expert Alice Gilman as she unpacks what’s worth measuring, how to approach it and, most importantly, how to analyze and act on payroll metrics.
Webinar Agenda
- Measuring the right things. Don’t waste time and energy tracking every small thing—know what’s worth measuring and why.
- Data is data, but information is power. Learn how to transform raw data into usable information, and how to share it with the right stakeholders.
- Trendspotting. Metrics can help you analyze why some departments put in more overtime than others or why employees flee one department but not others, and then help decision-makers devise a solution.
- Process efficiency in payroll. Identify hang-ups and places with room for improvement. For example, track how many paper W-4s and direct-deposit forms you’re handling and use the information to advocate for a new or improved employee self-service portal.
- Tax-compliance efficiency. Getting too many tax notices? Capture the agency, the deficiency and the reason (maybe it’s your third-party payroll provider), and clean up your compliance headaches.
Join Alice Gilman for this 75-minute online training and you will learn:
- How metrics can drive policy.
- How metrics can identify and ease compliance burdens.
- How to use metrics in the budgeting process to save the company a bundle.
Get answers to YOUR questions from presenter…
Alice Gilman, Esq., is an expert in payroll and tax compliance who has covered payroll issues for more than 35 years. She's written and edited several leading payroll publications, including Payroll Legal Alert, the Research Institute of America's Payroll Guide, the American Payroll Association's Basic Guide to Payroll and the Payroll Manager's Letter.
Registration bonuses included:
Everyone who signs up will receive a copy of Payroll Checklist, a 19-page step-by-step compliance guide detailing every deadline and action item required for every pay period, month and calendar quarter of the year. Use the checklist as a guide to total payroll compliance for the rest of the year.
You'll also receive one month of exclusive access to Payroll Legal Alert – our comprehensive online resource with timely advice, helpful articles, forms, tables and charts that will help you improve every aspect of your payroll operation. So that you continue to benefit from Payroll Legal Alert, we will continue your subscription after that for the then current rate, unless you tell us "no, thanks" – your choice.
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If Numbers Don’t Lie: What Payroll Metrics Can Teach You fails to meet your needs in any way, we will refund 100% of your tuition – every penny you paid – but your course materials and registration bonuses will be yours to keep. No hassles, no questions asked.
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