Category

Payroll

4 ways payroll software will save you hours every month

By | HR Software, Payroll | No Comments

Processing payroll manually is an incredibly time-consuming process. From creating payslips and calculating deductions to answering employee queries; it’s no wonder so many businesses opt to use payroll software to help streamline processes and save hours every week. Whether you’re processing payroll manually or using a third-party payroll bureau to manage it, here are four ways payroll software will save you HOURS every month. No need for manual calculations Rather than spending hours poring over spreadsheets and manual calculations, payroll software can do in a few seconds what it would take you hours to do. This will free up your…

Read More
payroll software

5 tell-tale signs you need payroll software

By | Payroll, Technology | No Comments

Believe it or not, not every business needs to use software to process their payroll. If your headcount is small enough and the calculations are fairly simple, it is entirely possible to process payroll manually. However, as your business starts to grow in size, employing more people, perhaps on different rates of pay and working patterns could cause even the most seasoned payroll professional, a serious headache. That’s where payroll software comes in handy, not only will it save you valuable time and money, but it will improve the accuracy of your payroll no end, saving you from any costly…

Read More

HR and payroll software: how to present your business case

By | HR Software, Payroll | No Comments

When you’re buying any piece of business software, presenting your business case to your directors, board or senior management team can often feel like half the challenge. As HR and payroll software will directly impact every one of your employees, your case for investment needs to be watertight and should be detailed enough to prove the reasons why you think your chosen provider is right for your business. Below, you will find some key advice and top tips for presenting your business case for investment in HR and payroll software that will stop it feeling like a grilling in Dragon’s Den!…

Read More
How to calculate Statutory Sick Pay (SSP) entitlement

How to calculate Statutory Sick Pay (SSP) entitlement

By | Payroll, Statutory Sick Pay | No Comments

Also known by its acronym SSP, Statutory Sick Pay is the legal minimum that employees are entitled to when they are off sick from work. Paid by employers, Statutory Sick Pay kicks in when an employee is off sick for more than four days in a row. In order for an employee to qualify for SSP, an individual must be classed as an employee at your business, have been ill for four days in a row (including non-working days), earn an average of at least £118 per week and they must inform you as their employer that they’re sick before…

Read More
process payroll in-house

5 reasons why you should process payroll in-house

By | Payroll | No Comments

Making the choice to process payroll in-house or to use an outsourced payroll provider is a big decision. After all, the timely, correct payment of your employees will rest in your (or their!) hands. Recent research by global professional services firm, EY found that there is a growing transition away from fully outsourced payroll services to an in-house operation. With the number of global companies with a fully outsourced payroll function dropping by 7% in just two years; it’s clear that attitudes towards outsourced payroll are rapidly changing in favour of an in-house operation. Further research by YouGov in 2019…

Read More