Where Does Payroll Belong? Under Finance or Under HR?

by Sheila Velazquez, APM

If you want to start a heated debate between Finance and HR, just ask the question: Where does Payroll belong? Some C-Suite executives believe Payroll should reside within the HR function. Others believe it should sit within Finance. Still others believe it should be split between both departments (or outsourced). Early in my career, the "payroll debate" was an abstract issue for me. Payroll's placement had no direct impact on my day-to-day responsibilities in…