payroll fraud « The Payroll Department

Are You Opening Up Your Small Business to Payroll Fraud?

Posted by Elaine on March 29, 2016

According to an article in Forbes by Matthew Garrett, payroll fraud is a problem. A really big problem. He says that 27% of all businesses are the victims of payroll fraud. And, small business owners beware, because Garrett says payroll fraud occurs nearly twice as often (14.2%) in small organizations with less than 100 employees than in large ones (7.6%). (more…)

How to Take a Proactive and Diligent Defense Against Payroll Fraud

Posted by Jessica on March 8, 2016

What do you know about payroll fraud? Have you given it much consideration? Payroll fraud is a crime in which employees use the payroll system to steal money from a company, and it does happen. In fact, an article in Forbes reports that 27% of all businesses experience payroll fraud and that small businesses are nearly twice as likely to encounter fraud as larger businesses are. As these statistics show, this is obviously a problem that should not be ignored. (more…)

Tags: Brownsburg, payroll fraud, payroll processes, payroll service, small business payroll, Teresa Ray, The Payroll Department

Posted in: Operating a Small Business