In honor of National Payroll Week in the U.S., we are taking the opportunity to thank our payroll staff and all of our customers who leverage SumTotal Payroll for all of their hard work and commitment to excellence. Payroll professionals everywhere work hard to ensure that paychecks are on time and accurate (plus a million other tasks that go undetected).
According to APA, there are 150 million wage earners in America today, and “…together, through the payroll withholding system, [payroll professionals] contribute, collect, report and deposit approximately $2.2 trillion, or 67%, of the annual revenue of the U.S. Treasury.”
Considering that 63% of Americans would experience financial difficulty if one paycheck were missed or delayed, it’s easy to see why the payroll function in every organization is so critical.
So go get direct deposit, say thank you to your payroll team, and cheers to another wonderful year of payroll!