Establishing and Analyzing Payroll Benchmarks and Metrics

Recorded Session
90 Minutes

As the payroll department has evolved, payroll professionals need skills to keep improving its performance. This 90-minute payroll benchmarks and metrics training gives you a practical starting point.

You'll review how payroll best practices have evolved, benchmarking basics, the types of benchmarking and how to get started. The session then covers metrics basics, what to measure and why, and data collection methods.

Finally, it looks at customer focus: the different types of payroll customers and how to identify their requirements, so you can use what you measure to keep your department current.

WHY SHOULD YOU ATTEND?

Payroll is one of the largest corporate expenses on the financial statements. Analyzing those costs, knowing what you can control and reducing expenses can make a real difference to company performance, and benchmarking shows where to focus by comparing you with competitors and industry standards.

This session suits payroll, HR and benefits professionals, CPAs, accountants, controllers, CFOs, finance directors, bookkeepers, business and operations managers and executives.

AREA COVERED

Benchmarking

  • Evolution of payroll best practices
  • Benchmark basics
  • Types of benchmarking
  • How to start benchmarking

Metrics

  • Metrics basics
  • What to measure and why
  • Data collection methods

Customer focus

  • Types of customers
  • Identifying customer requirements

LEARNING OBJECTIVES

  • Discuss how payroll best practices have evolved
  • Describe the types of benchmarking and how to start
  • Choose payroll metrics and explain why to measure them
  • Select data collection methods
  • Explain the types of payroll customers and identify their requirements

WHO WILL BENEFIT?

This live webinar is designed for payroll professionals, human resource and benefit professionals, CPAs, accountants, controllers, operations managers, business managers, presidents, vice presidents, supervisors, CFOs, finance directors and bookkeepers.

Payroll is one of the largest corporate expenses on the financial statements. Analyzing those costs, knowing what you can control and reducing expenses can make a real difference to company performance, and benchmarking shows where to focus by comparing you with competitors and industry standards.

This session suits payroll, HR and benefits professionals, CPAs, accountants, controllers, CFOs, finance directors, bookkeepers, business and operations managers and executives.

Benchmarking

  • Evolution of payroll best practices
  • Benchmark basics
  • Types of benchmarking
  • How to start benchmarking

Metrics

  • Metrics basics
  • What to measure and why
  • Data collection methods

Customer focus

  • Types of customers
  • Identifying customer requirements
  • Discuss how payroll best practices have evolved
  • Describe the types of benchmarking and how to start
  • Choose payroll metrics and explain why to measure them
  • Select data collection methods
  • Explain the types of payroll customers and identify their requirements

This live webinar is designed for payroll professionals, human resource and benefit professionals, CPAs, accountants, controllers, operations managers, business managers, presidents, vice presidents, supervisors, CFOs, finance directors and bookkeepers.

Currency:
Webinar Option
Transcript (PDF Transcript of the Training)
Downloadable Recorded Session
USB

Speaker Profile

ins_img Mark Schwartz

Mark Schwartz is an employment tax specialist and has over 15 years of employment tax experience as an independent consultant and as a payroll tax auditor with the State of California. He has managed an audit caseload of 20 ongoing audits, from small home-based businesses to large multi-national corporations. He is expert at defining regulatory and statutory requirements from local, State and Federal government agencies; and helping the average businessperson understand what that mean to their business. He has processed weekly and bi-weekly payroll checks plus tax forms for businesses with hourly as well as exempt workers, multistate operations and …

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