FinanceRegs.com » Payroll emergency! How to steer clear of potential crises

Payroll emergency! How to steer clear of potential crises

May 9, 2008 by Carol Katarsky
Posted in: Best practices, In this week's e-newsletter, Internal controls, Latest news & views

If the week’s payroll goes out even a few hours late, or if a deduction is miscalculated, you know you can count on screaming voicemails and exclamation point-filled e-mails. Want to avoid that? You can’t forsee every potential emergency that might hit Payroll, but a little advance planning can go a long way to minimizing the hassle if someone is out sick or a technical glitch gums up the works.

Chances are you already have a clearly explained “job manual” available for any subs who may have to step in to help out. Taking that a few steps farther can help keep things moving efficiently.

Creating a similar version of that manual — but one designed for employees — can shrink the number of questions you have to deal with.

Make sure it includes commonly requested forms (W-4s, vacation requests, etc.). Ideally, if you can keep it on a company intranet, accesible only to those who need it, you can also include critical info for department managers, such as new hire checklists, employee time card info, and the like.

 

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