National Payroll Week September 7-11, 2015
National Payroll Week begins this week, September 7-11 and we salute the hard working payroll professionals. This week helps to raise awareness of the important role payroll plays in our everyday lives and equally important to the Global economy. “National Payroll Week celebrates the hard work by America’s 150 million wage earners and the payroll professionals who pay them. Together, through the payroll withholding system, they contribute, collect, report and deposit approximately $2.08 trillion, or 68 %, of the annual revenue of the U.S. Treasury”, according to NationalPayrollWeek.com.
The highly skilled payroll professionals are experts at knowing the local state and federal tax rules and regulations. You expect your paycheck to be accurate and on time every time. Processing your paycheck is just one part of the function. By processing your paycheck, they are reporting earnings, and withholdings, which keep America running smoothly. The payroll department is the one business function where 99.9% accuracy is not enough. Since American payroll departments collect 70.5% of the annual revenue of the U.S. Treasury, any delays or errors have serious financial consequences.
National Payroll week is designed to honor payroll professionals but also to celebrate the American workers, which generate the revenue needed to build and maintain this country. We also want to honor the payroll professional around the globe and workers who generate the revenue needed to build and maintain the global economy. “We want to thank our employees who process the payrolls on behalf of our client’s employees around the globe. Their diligent efforts assure wages are paid accurately and on time, assuring all taxes and withholdings are reported. Please join Celergo and all our offices around the world in celebrating National Payroll Week”, states Timothy Callahan, Celergo CEO.
Celergo is a leading provider of International Payroll Management Services, supporting the needs of global companies with solutions to meet their payroll requirements in 140+ countries. We have built core expertise in managing some of the most complicated payrolls, in the most complex business environments around the world. We solve your business issues by providing solutions to enable organizations to apply better fiscal controls and obtain greater visibility to global payroll processes. Our experienced, multi-lingual staff are dedicated to delivering high-quality service from our Service Centers of Excellence in Chicago, Budapest, and Singapore. Celergo is compliant with Safe Harbor, OFAC, FCPA, BCP, Data Privacy and SSAE16 policies and practices. To learn more about Celergo, visit our website.