Payroll

How has your payroll operation performed over the last few months? Has it remained a strong and resilient, or has it crumbled under the pressures of the pandemic? Whatever your answer, the origin is often the maturity of your payroll operation.
 

Over the years, I’ve heard many inaccurate, and often amusing, assumptions of what working in HR is like from outside perspectives. One being, “HR sounds like an easy number they just hire and fire people” Fellow HR leaders, does this sound familiar?

It’s fair to say that HR and Payroll teams have been tested as the Covid-19 pandemic unfolded. But after several months of firefighting, many organisations recognise that they need to make significant changes to their payroll and HR operations.

Since the pandemic struck, HR leaders have been indispensable. Many are working beyond their own organisational remit, in tandem with the rest of senior leadership, to make critical strategic decisions powered by real-time data. All the while, leading with integrity and reassuring the workforce.
 

The global Covid-19 pandemic has challenged even the most robust organisations and smart leaders. It is doubtful that any business anticipated months of lockdown without months to prepare – ‘unprecedented’ is an understatement.

Misconceptions around payroll outsourcing could be holding back your business. Our clients find that taking the step to outsource pays them back dividends, driving productivity and giving payroll teams the opportunity to focus on strategic rather than tactical initiatives. We understand that payroll outsourcing can be a daunting topic, so we have debunked some of the most common myths to help you make informed choices about your payroll strategy.
 

The first part of the Coronavirus Job Retention Scheme covered furloughed periods for employees from 1st March 2020 through to 30th June 2020, and it is coming to an end. Employers who are wanting to receive a grant are required to complete their online application by 31st July 2020. Employers will need to finalise the calculation of payments and claims. For each following calendar month, a series of changes will occur with the introduction of CJRS part two which offers flexible furlough. The CJRS will close on 31st October 2020.

Implementation can be an intimidating word. The fear of downtime and disruption is enough to put you off making the switch. But this shouldn’t deter you from getting the outstanding managed payroll service that you deserve. In fact, if you choose the right provider, implementation can be a breeze.  

The COVID-19 virus situation is developing rapidly and affecting us all, both personally and economically. We want to assure you that we are here for you, and that you and your employees can continue to count on our services. 

Covid-19 created uncertainty in the working world, but employees expect timely pay and employers are counting on payroll to keep operations running business as usual.