Payroll
20 Payroll Error Benchmarks Every Employer Should Know (2024 Data)
Inaccurate time records cost employers 2–5% of gross payroll, and manual timesheet errors can add up to $2,300 per employee annually, according to benchmarks published on the EasyClocking by WorkEasy Software manufacturing solution page. Across 20 metrics spanning financial cost, operational drag, employee impact, and compliance risk, the data shows that payroll errors are not rare exceptions. They are a routine, measurable operational cost that scales with headcount, location count, and reliance on manual time entry.
Headline Numbers
Inaccurate time records cost 2–5% of gross payroll
Per the EasyClocking by WorkEasy Software manufacturing solution overview, payroll errors tied to inaccurate time capture represent a persistent, quantifiable share of total labor spend.
Manual timesheet errors can reach $2,300 per employee annually
This benchmark, also published by EasyClocking by WorkEasy Software, quantifies the per-worker cost burden of manual time entry in shift-based environments.