APS Scores a Touchdown with National Payroll Week
Last week, APS celebrated American Payroll Association’s National Payroll Week (NPW). APS participated as an NPW Supporter to help spread the NPW message, as well as recognize the achievements of our own payroll professionals and those we work with through our customers.
APS chose the theme teamwork with a slogan “One Team. One Goal.” What American pastime embodies teamwork better than football? To see how APS celebrated throughout the week, check out our Facebook, Twitter, and LinkedIn pages for pictures and videos.
APS National Payroll Week Highlights
What Is NPW?
NPW celebrates the unique partnership among America’s workers, their companies, the payroll professionals who pay them and critical government programs such as, social security, Medicare, fair labor standards and child support. Together, through payroll withholding, they contribute and collect 67% of U.S. Treasury revenue.
This special week celebrates many things important to each of us who work. From the economic, cultural, and social achievements of workers, to the significance of “an honest day’s work for an honest day’s pay,” National Payroll Week is a celebration on many levels.
NPW Fast Facts
- The American Payroll Association founded National Payroll Week in 1996.
- National Payroll Week coincides with the celebration of Labor Day. This special week celebrates the economic, cultural, and social achievements of workers and the significance of “an honest day’s work for an honest day’s pay.”
- AMERICA WORKS BECAUSE WE’RE WORKING FOR AMERICA®—NPW celebrates the unique partnership among America’s workers, our companies, the payroll professionals who pay us, and critical government programs such as social security, Medicare, fair labor standards, and child support. Together, through payroll withholding, we contribute and collect 68% of U.S. Treasury revenue.
- NPW is a national campaign to help America’s workers understand more about their paychecks, the payroll withholding system and other payroll-driven benefits.
- The NPW 2015 ad appeared in Times Square, The New York Times Magazine, USA Today, and Journal of Accountancy.
- During NPW, local APA chapters and members host presentations to school and civic groups, participate in community service initiatives and use local media to pass along information to today’s workers and the workers of tomorrow.
- In 2015, 129 NPW government proclamations were issued across the United States.
- In 2000, APA created a year-round touchstone, www.nationalpayrollweek.com, to provide workers with valuable information about their paychecks, withholding, the payroll industry and celebrating National Payroll Week.
How APS Helps
APS provides payroll processing services to thousands of businesses nationwide to ensure their employees’ paychecks are accurate and on time. National Payroll Week is a public awareness campaign that pays tribute to payroll professionals and the more than 156 million people who work in the United States. National Payroll Week highlights the payroll professionals who support the American system by not only processing wages but also reporting earnings and withholding employment taxes, which keep America running smoothly.
With each and every check issued, payroll professionals are required by law to withhold the correct deductions for federal, state and local taxes. (American payroll professionals collect and report 70.5% of all federal revenues.) Any delay or error has serious financial consequences that not only affect employees, businesses’ bottom lines.
“A paycheck that has a single mistake can result in noticeable morale problems and reduced productivity,” says Tracy Maranto-Phillips, HR Manager at APS. “It is our job to ensure that each of our customer’s employees are paid accurately and on time.”
Payroll professionals are highly skilled experts at meeting deadlines and answering employee inquiries and who know all local, state and federal tax rules and regulations. Have you ever wondered what percentage of your salary should be deducted for FICA, SS, MED, and 401(k), much less what these abbreviations mean? Where does your money go between “gross pay” and “net pay”? Is the right amount of federal and state income tax deducted? These and other questions can be answered by your payroll department. They are the ones who shoulder the responsibility for paying employees correctly - a task that is not as simple as it sounds.
Why? Because “payroll is the one corporate function where 99.9% accuracy is simply not good enough,” said Maranto-Phillips. “Its operations are regulated more closely than perhaps any other company division and scrutinized by a myriad of local, state and federal agencies, auditors, collection agents, and of course, by (insert company name) employees.
“National Payroll Week was designed to honor payroll professionals, but also to celebrate all American workers, because they generate the revenue needed to maintain and continue to build this country,” said Maranto-Phillips.
National Payroll Week is spearheaded by more than 21,000 members of the American Payroll Association in partnership federal and state agencies, NPW National Sponsors, local chambers of commerce, professional tax and human resource associations, and companies across the United States.