Payroll is financially material, but operationally under-governed
Payroll is a major part of the enterprise, yet it is rarely governed with the same rigor as finance or tax. Key findings include:
Payroll often represents
40-60%
of total operating expenses.
of organizations report having a global payroll strategy.
92%
operate a truly standardized global payroll model.
33%
Only
report staffing constraints within payroll functions, even as many support tens of thousands of employees.
31%
The data points to a structural mismatch between payroll’s financial importance and the level of governance, resourcing, and accountability applied to it.