Definition | The percentage of errors in employee salary payments and deductions over a defined period. |
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Calculation | Number of errors in payroll processing divided by the total number of payroll transactions for the period multiplied by 100. |
Unit of Measurement | Percentage |
Function | Core HR |
Method of Estimation | HRIS system or manual audit of payroll transactions and documentation. |
Timeframe | Weekly, Monthly, Quarterly, Annually |
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