The Importance of Payroll for HR Professionals

Among the responsibilities assigned to HR, payroll is one of the most impactful to company culture and organizational success. Yet, when people think about the elements of HR that define company culture, payroll is commonly overlooked. Why? Because compensation—paying employees for the work they do—often gets taken for granted. Employees assume their employer will pay them the agreed-upon amount, on time, for the work they perform, and employers assume they’ll do the same.

The idea of company culture, by comparison, is relatively novel and loosely defined; for many people, “culture” is code for perks or another sort of progressive take on the traditional workplace, like a yoga retreat or a cereal bar in the break room.