by HRHQ Editorial Team
Leading payroll and HR solutions provider, SD Worx Ireland recently announced the results of their latest research which has revealed a trend of dissatisfaction with salary payments and processes among employees in Ireland. The research found that 21% of employees were paid late by their employers on several occasions in the last 12 months, while alarmingly, 27% reported errors in their salary calculations.
The independent study was commissioned by SD Worx and carried out by iVOX among 1,000 employees in Ireland to gain insights into the efficiency and accuracy of payment processes in Ireland and how they are impacting the workforce. The findings point to a broader need for businesses to reassess how they manage payroll operations.
The research also revealed that a significant portion of employees (39%) would prefer greater flexibility in choosing when they receive their salary, with the option for early access to better meet their financial needs. Moreover, transparency in payroll processes is a key issue with 10% of employees reporting that questions regarding their payslips remain unanswered, underscoring the need for clearer communication around payroll. This highlights the growing demand for payroll proficiency as employees seek greater autonomy over their finances.
The survey suggests that as businesses continue to struggle with the hiring and retention of talented people, these issues could have a profound impact on their ability to do so. SD Worx’s research found that 56% of employees consider salary to be the most important factor when choosing an organisation to work with. A similar proportion (54%), meanwhile, said that salary is a key factor for being engaged and motivated within an organisation. Given the motivational role that salary plays, unsurprisingly, some 40% of those surveyed said that dissatisfaction with their salary would be a main reason for leaving an employer.
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