More than just a perfect cheque

National payroll week puts the spotlight on payroll practitioners
By Wendy McLean
|CHRR, Guide to Payroll|Last Updated: 10/02/2002

It’s not often a payroll professional hears the comment, “thanks for a perfect pay cheque.” Last week (Sept. 3-6) marked the eighth annual national payroll week, a celebration of the contributions of payroll professionals who too often go unrecognized the rest of the year.

Many employees don’t realize payroll professionals do more than simply calculate and process paycheques. With competition to retain and attract qualified employees on the rise throughout the organization, many employers are offering a wider range of compensation options including: salary base, stock options, profit sharing plans, flexible work schedules, tuition reimbursement and increased benefit plans. The implementation and responsibility of these usually falls to a payroll professional.

A qualified payroll professional can be an incredible resource, bringing extensive knowledge and skills to the organization. Practitioners need to understand government legislation and employment law, accounting and financial concepts, software programs and communication and management strategies, and apply that knowledge in an efficient and cost-effective manner.