Your payroll data should contain enough information to help you determine required head count, model compensation packages, put together a recruiting strategy and share provisional budgets with other stakeholders. If you’re expanding as a result of mergers and acquisitions (M&A) activity, payroll data is vital. Without it you won’t be able to see which parts of your organisation cost more. Any M&A activity is an opportunity to rationalise your whole payroll structure, look for efficiencies and clean up your data.

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