Payroll processing is one of the most complicated, yet important business functions. Payroll mistakes can cost a business in labor hours, hefty penalties, and reputation. Payroll errors can have tremendous ripple effects throughout the organization and can seriously impact, or even disrupt, cash flow. Here are some common payroll mistakes seen by a payroll processing company near you. Employee Misclassification Misclassification of employees is one of the most common and costliest payroll mistakes. Employees can be classified into three categories: full-time employees, temporary or contract employees, and part-time employees. Independent contractors are not considered employees of an organization and are [...]