SOURCE: American Payroll Association

APA Logo

October 02, 2009 11:25 ET

Employees Confident Paycheck Is Accurate

SAN ANTONIO, TX--(Marketwire - October 2, 2009) - In a volatile economy, employees say they can still count on their paycheck. According to a recent survey conducted by the American Payroll Association (APA), 88 percent of employees believe their paycheck is correct each payday.

"Paycheck calculation is a very challenging task," said Dan Maddux, executive director of the APA. "The high percentage of employees satisfied with their paycheck confirms the great work by payroll professionals who calculate paychecks accurately and on time each pay period."

Increasingly complex tax laws and benefits packages make payroll an arduous task. In order to calculate paychecks accurately and avoid errors, payroll professionals must comply with constantly changing federal and state laws governing wages or face stiff financial penalties.

"Payroll is the largest controllable expense for most organizations," said Aron Ain, chief executive officer of Kronos Incorporated. "Paying employees accurately is a key factor in ensuring employee satisfaction and is critical to managing an organization's bottom line."

The online "Getting Paid In America" survey by the APA asked, "How certain are you that your payroll withholding and the net amount of your paycheck are correct each payday?" More than 35,000 of the nearly 40,000 survey participants indicated they are confident their paycheck is correct each payday.

Employees can check their paycheck accuracy with the paycheck calculator at www.nationalpayrollweek.com.

The "Getting Paid In America" survey coincides with APA's annual public awareness campaign, National Payroll Week (NPW), held annually during the week of Labor Day. Nearly 40,000 employees responded to the survey, providing insight into how employees are paid in America. For complete results, visit www.nationalpayrollweek.com.

San Antonio • New York • Washington, D.C. • Las Vegas

Established in 1982, the American Payroll Association (APA) is the nation's leader in payroll education, publications, and training. The nonprofit association conducts more than 300 payroll training conferences and seminars across the country each year and publishes a complete library of resource texts and newsletters. Every year, nearly 20,000 professionals attend APA training sessions. Representing more than 23,000 members, APA is the industry's highly respected and collective voice in Washington, D.C. Visit APA online at www.americanpayroll.org.

Contact Information

  • Contact Information:
    Mark Coindreau
    Office: (210) 226-4600, ext. 2277
    Fax: (210) 224-2028
    E-mail: Email Contact