20 Payroll Statistics HR Managers Need to Know in 2025
Everyone looks forward to payday. And for the majority of employees it’s a result of the month’s hard work. But for business owners, HR professionals responsible for payroll and payroll officers, it’s a sign you’ve successfully made it through another pay run.
As time consuming as payroll can be, payroll statistics from the previous year can also offer a deeper understanding into important trends, compliance and employee retention. All of which are handy to know – right?
Here’s a roundup of some of the most important payroll statistics that you and your business should know in 2025. Lets dive in!
Did you know?
- There were 30.4 million payrolled employees as of November 2024. This is a rise of 76,000 employees over the 12-month period.
- Printed payslips continued to drop, falling by 8% in 2024.
- Around two-thirds of UK SMEs are expected to outsource their payroll this year, which means that payroll year end (PYE) is likely handled by an expert like an accountant or payroll bureau.
- Around one-third of businesses manage payroll in house. That’s almost 470,000 businesses.
- 76% of professionals still need up to a week to complete a pay run
Payroll Statistics for 2025
Pay cycle statistics
Payroll errors statistics
Payroll compliance statistics
- Compliance with the Employment Right Act’s (ERA) right to an itemised pay statement has increased, now reaching 91%.
- Compliance around full payment submission (FPS) for pay day reporting has increased by more than 10%.
Payroll tech statistics
Get the most out of payroll with Employment Hero
Judging by these payroll stats, it’s clear that the way in which businesses conduct their payroll is changing, and resisting automated processes could be costly. So, if you want to avoid being in the 90% of businesses that make payroll mistakes monthly, it might be time to consider doing payroll differently.
Employment Hero is the world’s first Employment OS (Operating System). Our powerful solution to employment helps businesses to find and hire top talent using SmartMatch, seamlessly onboard new hires, automate complex payroll, and drive employee engagement and morale.
Spend less time on admin and worrying about compliance, so you can spend more time on the things that really matter – your people.
To reduce payroll errors and back your system with the power of AI, get in touch with our team today.
