Blockchain Transaction Record
Strategy Is Lacking in the Payroll Function for Many Organizations - New Study by HR.com’s HR Research Institute
A recent HR research study reveals that few of today’s payroll functions are highly strategic, but many are some combination of strategic and administrative. In fact, only 16% of the human resources (HR) professionals surveyed identify their organization’s payroll function as highly strategic.
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Key Takeaways (TLDR)
- Only 16% of HR professionals view payroll as highly strategic, with a need for intentional strategies.
- Challenges in pay-strategy include competitiveness, economic trends, payroll legislation, and addressing employee financial stress.
- Organizations excel in payroll compliance, geo-adjusted pay, and employee experience enhancement, needing a modern approach.
| Blockchain | Details |
|---|---|
| Chain | polygon-main |
| Transaction ID | 0x2a604beff3b1a7f0b64e9de20f5d02e5b07a8e5a36c539d4e3bdb118c468a5d4 |
| Contract Address | 0x0553B273B8eBf464Bd2a37C259F0eEBb3d70Fd71 |
| NWAI Digital Fingerprint | 1167-6c4136581a4c8069c3e3d9cbd76b2538 |
| Registration Timestamp | 2024-05-13T16:15:14+00:00 |
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