1 July 2020 - Reading time: 5 Minutes
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.
Yet, amidst the chaos, Covid-19 has presented an opportunity for HR teams to elevate their role within their organisation. Even the most sceptical business leader can’t argue with the fact that without the leadership and guidance of an effective HR team, their organisation wouldn’t have coped.
Suddenly, the executive board are looking to HR to answer their burning questions. How much did remote working cost us? Are there enough healthy employees to be remain operationally stable? Do we have to restructure? Can we afford to hire more people to meet our business growth targets? Will we have to rely on temporary workers or contractors as we return to work? Can we make remote working a permanent measure?
In addition, payroll is being given the gravitas it deserves. Quite simply, if an organisation can’t pay its employees accurately or on time, then employees are more likely to leave. In addition, payroll data and insights can provide your organisation with much more value. Once you get to grips with the available payroll data, the world is your oyster. You can set KPIs that are relevant and informative such as cost per employee, overtime costs per team or resignation rates. This is payroll’s time to shine as a strategic power and a wise corporate investment.
Data is king, but many organisations are sitting on a wealth of data about their most valuable assets without even realising its potential. As there are so many unknowns as we move forward, accurate and accessible people data is the best way to guide strategic decisions.
Presenting a single source of truth, a payroll solution that amalgamates payroll and HR data is a sustainable investment and the key to surviving and thriving during the pandemic and beyond. From identifying and monitoring risks to assessing employee well-being, this whitepaper explores the value that can be extracted from Payroll & HR in a post COVID-19 world and how to harness its power.
Even if your payroll provider seems to be doing a good job, is it good enough? Are they primed to look after and optimise your payroll in 2021 and beyond? This helpful guide walks you through why it’s important to review payroll providers as we head into the ‘never normal’.12 May 2021
To celebrate the one-year anniversary of Payroll Question time, we spoke to the panelists about how the industry has changed in the last 12 months, what HR and payroll professionals need to focus on in 2021 and beyond, and what’s next for Payroll Question Time?9 April 2021
For businesses looking to improve their core HR and people solutions, this blog explores the digitisation of travel and expense management and how it optimises several business areas.9 March 2021
Offering an interesting and competitive pay package, but not highlighting it afterwards, is a bit like a rainbow in the dark. As not even half of employees regularly look at their payslip, many will undoubtedly lose sight of what they actually earn. Pointlogic's software package inspire is an excellent tool for making it clear to employees what they receive in addition to their salary, and acts as an incentive for greater motivation and engagement.4 March 2021
The prospect of handing over responsibility for your payroll to an outsourced partner can be daunting enough, without having to worry about something going wrong during the implementation phase. In this blog, we explore 5 key steps to make sure the transition runs smoothly.8 February 2021
When senior HR or Finance leaders consider outsourcing payroll, one concern often raised is that they will lose knowledge, in the form of internal expertise or skilled personnel. When you take a closer look at how outsourcing works, however, you could make the case that the opposite is true.8 February 2021
Payroll faces constant challenges caused by limited budgets, changing personnel, evolving technology, new legislation and more. Here’s why outsourced payroll remove the risk.8 February 2021
While cost reduction is the one thing everyone will take into consideration, there are other supplementary reasons why organisations believe it’s best to outsource their payroll function.8 February 2021
Integration has to be a priority consideration whenever an organisation is looking to choose an outsourced payroll partner. Our blog explores the key considerations.8 February 2021
When it comes to outsourcing payroll, people often feel nervous. Relinquishing control to a third party is a big step. But are you really losing control when you outsource payroll? Our blog explores why this isn’t the case5 February 2021
With workers concerned about their health and job security, it is vital payroll teams look at what they can do to improve confidence, so workers don’t lose faith in the company they work for. This blog examines how good payroll and workforce management can increase employee trust.7 December 2020
Debunking outsourcing myths, this blog explains how you can confidently move to fully managed payroll whilst retaining and even improving control.7 December 2020
Payroll expert and ex CIPP Policy Lead, Samantha Mann, tells us how she fell into the world of payroll and her predictions on how payroll will change in the next 10 years.9 November 2020
Businesses are waking up to the power of payroll. Agile financial leaders are prioritising investment in payroll technology and automation through SaaS or outsourced solutions. Read our blog to find out why.14 September 2020
Savvy CFOs and finance leaders have spotted an opportunity to maximise ROI and increase operational resilience by outsourcing payroll operations. We explain the financial benefits in our blog.14 September 2020
National Payroll Week: Championing your payroll pioneers. At SD Worx, we’re known for being the ‘Payroll People’ and we have some pretty amazing individuals who love payroll just as much as we do. But now it’s over to you. Who is YOUR payroll hero?7 September 2020
As we emerge from Covid-19, one of the most economic and socially disrupting periods of our lifetime, it's critical for businesses to scrutinise and challenge their payroll operations. This is where the degree of your payroll maturity matters: it impacts your whole organisation, from operational efficiency and exposure to risk, to employee experience.6 August 2020
We’re here to help your payroll stay consistent during uncertain times. Find out how our experts can support you during this time.24 April 2020
The right workforce management module can help businesses stay afloat during these tough times and avoid common pitfalls.15 April 2020