EY Survey: Cost Per Payroll Error Climbs to $339 Average for Companies
Business Wire•15/10/2026•16:05 ET
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Key Highlights
- ➤Payroll errors cost companies $339 each on average, nearly 20% above 2022 findings
- ➤Payroll errors occur in 1 of 5 payrolls, EY respondents reported
- ➤Time, attendance and expense errors cost $289,722 annually per 1,000 employees
- ➤Five most time-consuming errors consume nearly 29 workweeks annually per 1,000 employees
- ➤Paycom’s Beti reduced payroll-error correction time by 85% in a composite organization
Expert Statements
Chad Richison, Founder and CEO of Paycom
“The best payroll error is the one that never happens”
Chad Richison, Founder and CEO of Paycom
“Paycom uses automation to prevent errors before they reach an employee’s paycheck, delivering the accuracy they depend on.”
EY Survey: Cost Per Payroll Error Climbs to $339 Average for Companies
Updated EY analysis shows correcting the most time-consuming errors can take over six months of staff time for a 1,000-employee company
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