An Ernst & Young survey revealed that traditional payroll systems have a 20% error rate, and a Paycom study highlights the financial struggles caused by these errors. Nine in ten U.S. employees would face hardship from a single missed or delayed paycheck, with 2 in 5 at risk of poverty. Many couldn’t pay utilities, rent, or afford food. Even high earners aren’t immune, as 42% making over $100,000 live paycheck-to-paycheck. Over half would consider a job change after a payroll issue. Employee-guided payroll technology can prevent errors, improve budgeting, and foster trust in employers.

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