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6 tips for payroll success

6 tips for payroll success

By Payroll, Uncategorized

While processing payroll can be one of the biggest sources of frustration, it is unequivocally one of the most important parts of your business. Your employees are your most valuable asset, and as such, they deserve to be paid correctly and on time. While payroll is often the biggest expense for a company, it can get even pricier when mistakes are made. Making mistakes when running payroll can be costly not only to your employees, but to your business too – both financially and reputationally. Such mistakes might include overpaying or underpaying tax, paying employees late or incorrectly, making incorrect…

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5 ways to better manage payroll in your business

5 ways to better manage payroll in your business

By Payroll, Uncategorized

No matter what industry you work in, managing payroll for an increasingly diverse workforce can prove difficult for even the most seasoned of payroll professionals. Staff costs are among the most expensive costs for businesses. As such, managing payroll effectively to ensure employees are paid correctly and on time is important in order to maintain morale and productivity. Payroll can be confusing. From different tax bands and rates of pay to commission payments, bonuses, sick pay and maternity pay; it’s clear that the life of a payroll manager can become increasingly stressful as a business grows and employees more staff….

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outplacement

What is outplacement and why should employers consider it?

By Uncategorized

The term ‘outplacement’ was coined back in 1977 by James Challenger, founder of Chicago-based firm Challenger, Gray and Christmas. In short, outplacement is a way for employers to support employees that are leaving. Often provided to employees that have been affected by redundancy, outplacement services can also support those that are retiring, starting their own business or simply moving on to pastures new. While there is no legal obligation to provide outplacement, many employers offer employees a range of support that will help them to navigate the job market and find a new role as quickly as possible. Outplacement can…

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HR Advice

14 experts share their best advice for HR success

By HR News, Uncategorized

The HR department is often the lifeblood of many organisations, and with good reason. With your people often being the largest outlay that a company will incur, the success of your HR team is often reflected in that of the wider business. Long gone are the days when HR was considered to be little more than an administrative function; HR teams are now being recognised as a department that is critical to success. Here at Natural HR, we are lucky enough to work with some of the very best and brightest people in the profession: from our fantastic customers at…

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What is a business continuity plan

What is a business continuity plan and how can HR support it?

By Uncategorized

A business continuity plan (also known as BCP) involves establishing procedures that will keep your business operating as normal after a disaster or unforeseen event has occurred that means typical working practices are changed. For example, workers may be asked to work remotely or to use different tools and processes in order to continue working. It is worth noting that BCP differs from Disaster Recovery Planning (DRP) in that DRP is more concerned with restoring normal business operations after a disaster has taken place. In times of crisis, many businesses will be challenged to safeguard and support employees while continuing…

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