What are the implications of incorrect payroll processing on employee morale and legal compliance?
- Decreased legal risks
- Improved organizational culture
- Increased employee satisfaction
- Negative impact on morale and legal compliance
Incorrect payroll processing can have a severe negative impact on both employee morale and legal compliance. Errors in payroll can lead to dissatisfaction among employees, eroding trust and affecting motivation. Additionally, it can result in legal compliance issues and potential penalties.
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