Events & Webinars

Our FOWP research has shown that payroll is very much on the rise. It is now in the top 3 most desired outsourcing projects with 4 in every 10 HR leaders saying they want to introduce this in their own organisation. Afterall, one of the best ways of working smarter is knowing when to count on others and when to showcase your own strengths.

Managing the workforce is a tricky balancing act of trying to satisfy the demands of customers and staff. With skill gaps and the rise of flexible work, it can feel like the challenges are piling up for pay and HR specialists.

Covid-19 has changed the employee experience landscape. Not only has it altered the type and frequency of touch points, but it has also forced businesses to rethink their employee experience strategies. Employees want tools that simplify their daily administrative tasks and the search for information, consistent user experiences across workplace applications and a lot more.
 

One-size-fits-all permanent contracts are relics of the past. Embracing flexible contracts and work assignments means that both businesses and employees gain unprecedented agility – but this can also create complexity for payroll and HR teams.

The switch to mobile, remote and flexible working, combined with a mix of permanent and contingent talent, presents challenges to effective workforce management. From tracking time and attendance, measuring performance and productivity, ensuring accurate remuneration and aligning talent to objectives, modern workforce management demands a smart, real-time solution.

The pandemic has created challenges that none of us anticipated. For many businesses, it has accelerated digital transformation projects and highlighted the need for more agile and fluid ways of working.

Ongoing and unprecedented changes to the workplace – including remote working and furlough – have accelerated the need for a payroll solution that is more accurate, resilient, flexible and cost-efficient, and able to handle the complexity of compliance.

Our new research surveyed hundreds of financial leaders from top UK businesses to understand changing attitudes towards payroll. And what’s clear is that although the payroll function in mid-market and enterprise organisations is highly valued, the payroll technology and solutions being used simply don’t make the cut.

Our new research reveals that nearly half of European companies believe that COVID-19 will have a lasting impact on their businesses, and that we will have to radically change the way they work.

New research by SD Worx, in partnership with Circal, shows that having access to people-data was the second biggest challenge for HR leaders during Covid-19 (after looking after employee health and wellbeing).

Are you confident that you’re getting the most from your payroll? Is it supporting your organisation and adapting to recent changes and demands?

For many companies, recent events have stretched operational costs and organisational resilience to breaking point, and in some cases, beyond. Business priorities for finance leaders may have altered in response to the pandemic, but one thing is clear; resilient business continuity plans have payroll at their core.