Paycom — Commissioned EY Analysis Shows Payroll Error Costs Rise Nearly 20% to $339 Each

Paycom-commissioned EY analysis estimates average payroll error correction costs at $339 in 2026, up nearly 20% from 2022. The estimates reflect an inflation-adjusted update of 2022 survey data from more than 500 respondents with payroll responsibilities at US companies. Respondents reported errors in one in five payrolls, highlighting recurring costs for employers. Time, attendance and expense errors were the most common, costing $289,722 annually per 1,000 employees across 1,139 incidents. The five most time-consuming payroll errors require nearly 29 workweeks annually to correct per 1,000 employees. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Paycom Software Inc. published the original content used to generate this news brief via (Ref. ID: 202610151605BIZWIRE_USPR_____20261015_BW000761) on October 15, 2026, and is solely responsible for the information contained therein. (C)