Establishing and Analyzing Payroll Benchmarks and Metrics
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Online Compliance Panel
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Discover the most effective way benchmarking metrics can help your business with its financial requirements. Due to the evolution of the payroll department, payroll professionals are finding themselves in need of skills to continuously improve on the performance
of payroll. This topic will give you a valuable start to begin benchmarking. You will learn how to begin to measure your performance and how to use that information to ensure your payroll department is on the leading edge of today's industry.
Objectives of the Presentation:
Payroll expense is one of the highest corporate expenses which impact financial statements. Analyzing the nature of these expenses, determining what you can or cannot control, and how to reduce expenses significantly impacts your company’s performance. Benchmarking helps you analyze what to work on, as determined by your performance against your competition and industry standards.
Objectives of the Presentation:
- Discuss the evolution of payroll best practices
- Describe how to start benchmarking
- Review metrics
- Explain the types of customers
Payroll expense is one of the highest corporate expenses which impact financial statements. Analyzing the nature of these expenses, determining what you can or cannot control, and how to reduce expenses significantly impacts your company’s performance. Benchmarking helps you analyze what to work on, as determined by your performance against your competition and industry standards.
Outline
Areas Covered
Benchmarking
Benchmarking
- Evolution of Payroll Best Practices
- Benchmark Basics
- Types of Benchmarking
- How to Start Benchmarking
- Metrics Basics
- What to Measure and Why
- Data Collection Methods
- Types of Customers
- Identifying Customer Requirements
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Onlinecompliancepanel is a dedicated team of youngsters, who work in tandem with the latest US FDA regulations/regulatory compliance in creating training sessions suitable for individuals and corporations. These sessions are simple, interactive and cost effective. We are a predominantly web based information exchange forum. Our interactive training sessions could be beneficial to corporations thriving in industries such as pharmaceuticals, drugs and chemicals, FDA compliance, medical devices, packaging and labeling, food and beverages, banking and finance, audits and inspections, recalls and crisis management and many more. We emphasizes in offering regulatory compliance training to compliance professionals on varied topics. These primarily include risk management, quality management, corporate compliance and other regulatory compliances. Some of our primary areas of focus include advancement and updates in regulatory compliance, best practices, risk management and market trends.
Professional training, in the essential quality disciplines, contributes to both the competitiveness of your business and also to personal motivation; it broadens the experience and accelerates the development of those who participate. We provide training in a number of ways: ...
Professional training, in the essential quality disciplines, contributes to both the competitiveness of your business and also to personal motivation; it broadens the experience and accelerates the development of those who participate. We provide training in a number of ways: ...