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What is innovative payroll and why do you need it?

Until recently, payroll has not been given high strategic importance and so has never needed to be particularly innovative. The modern, fast-evolving workforce is now driving significant changes to this status quo however, with both managers and employees looking to embrace disruptive technology that helps the business to innovate and transform.

Key technology for the future Payroll & HR function

Our recent report looking at The Workforce of the Future reveals enlightening predictions from senior industry professionals on the social and economic shifts organisations will need to embrace by 2025. 

It’s time to review your payroll strategy

Senior professionals predict major changes to the workforce by 2025. According to our research The Workforce of the Future, working part-time, freelance or being able to choose hours/days will be favoured over traditional working styles. Employees will expect more support and advice on financial matters, and Payroll and HR will align more closely to provide this. Payroll will become much more influential in attracting and retaining employees. As a result, 78% of professionals say that payroll needs to evolve and innovate, and technology will be key. 

Outsourcing
myths social

Debunking the myths of payroll outsourcing

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.

Workforce Management
beach

Out of office: How to prepare for holiday leave this summer

With summer just around the corner, businesses face the inevitable yearly challenge of balancing an influx of annual leave requests with keeping the company running at full capacity. Absence management is a vital, yet often overlooked part of running a business – get it wrong and the impact of summer holidays can last all year round.

tech

Payroll of the future: personalised technology

A recent ‘Workplace of the Future’ survey of 250 industry professionals revealed that 88% of CFOs and CHROs expect an increase in payroll technology investment by 2025. Why? The world of work is changing rapidly and to prepare for the workforce of the future, businesses must start adapting, quickly.

Technology
digital lock

Strategic data: unlocking HR's secret weapon

Businesses are failing to recognise the importance of data managed by HR teams. Equally HR professionals are not yet skilled enough in data to harness its power and help secure their future strategic function within an organisation. Something has to change.

worker coffee making

So Much More Than Payroll: Employer Responsibility in the Modern Workforce

News of poor payroll can spread like wildfire. The sign of a good payroll function is often that it takes place quietly in the background. If it goes wrong however, it can have a catastrophic impact on both employees and the business as a whole.

Social Media

A wake-up call from the future

Everyone remembers the technology from their youth, in my case the 80’s and 90’s. I grew up with mobile phones becoming a must have commodity, with the accompanying generation of speed texters. I also grew up with the emergence of the first affordable home PC, allowing me and my friends the opportunity to explore that new ‘thing’ called the internet.

HR

The Living Wage: Engagement, Efficiency and Empowerment

I just don’t understand why organisations do not see the Living Wage, and I mean the Living Wage, NOT the government’s rebranded minimum wage (National Living Wage), as an *opportunity*. This is an opportunity to increase “engagement”, “efficiency” and to “empower” employees. Yet far too many organisations just see it as yet another cost they have to accommodate.

Charity

Let us tell you a beeautiful story...

SD Worx are proud to support We Love MCR charity, via the purchase of our very own bee, at the recent Bee in the City Auction! 

Technology

Using Analytics and AI to Build a Better HR Strategy

More than anything, this year’s data highlights the need for a new and more agile approach to HR. Conservative strategies simply aren’t going to cut it going forwards, because by the time the ink is dry, things will have moved on. Increasing business agility is now the #2 business driver for 86% of HR professionals, second only to increasing performance and profitability.

Technology

Where to start when implementing a T&A system - Part 1

This article covers all aspects of T&A functionality ranging from how to create effective workload plans, building rosters, collecting and validating variable time information, implementing business and legislative validation, and finally ensuring correct payments to employees by integrating with an industry-leading payroll solution.


Why Payroll should embrace disruptive technology

‘Disruptive’ technology is technology that replaces old ways of doing things. For example, the smartphone has revolutionised the way we interact with friends, family, institutions & media. When SD Worx launched online payslips in 1999 this was met with concern around security & access. Fast-forward to 2018, and no credible provider is without a mobile payslip. In short the smartphone has disrupted the market and most people have moved on from paper.

 

HR

Pick n Mix - How to reward your employees! Part 2

How do UK businesses tend to approach reward currently? Is there a shift in approach and if so, what is causing this?

HR

Pick n Mix - How to reward your employees! Part 1

How do UK businesses tend to approach reward currently? Is there a shift in approach and if so, what is causing this?

Does a rigid payroll cycle meet the needs of a flexible workforce in promoting Financial Wellbeing

Financial wellness is a hot topic across all worker types and generations. Employees are demanding more control, greater flexibility and better access to their finances. How can employers better support their employees in this regard?

Leadership

How to get more done in 12 weeks than in a whole year

Have you ever felt that you and your team could achieve more, be more productive and efficient at work, but every time you started, you get caught up in the detail and lose that laser-sharp focus? Even from a personal perspective, you want to explore a new health-kick, but life just keeps getting in the way? Well this blog for you...

Technology
board member

2018 is all about Digitising your HR Function

Autonomous Vehicles And Smart Warehouses Are So Last Year – 2018 Is All About Digitising Your HR Function.

Hear from our CEO Steven Van Hoorebeke during an interview with The Business Debate.

Health
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4 ways to practice healthier habits around the office

Most Human Resources departments work to maximise the bottom line of organisations, many HR professionals tackle this objective by focusing primarily on corporate health and wellness. The thinking here is fairly simple – if you can build a healthier workforce, they’re likely to be more productive each day, which ultimately translates to a more profitable business.

SD Worx European Conference: Driving Collaboration in the HR and Payroll Industry

On 6th February at Hilton Park Lane in London, we joined HR and payroll professionals from across the globe for the SD Worx European Conference 2018. With the "Future of Collaboration: HR leading the way" theme, this one-of-a-kind event played host to industry-leading experts, practitioners and organisations.

Payslip law changes April 2019 – ‘For the hour is nigh and the day soon at hand’

The law requires that a payslip is provided to all employees each time they are paid. The exception to this legal requirement means that for the following there is no obligation to provide a payslip, non-employees: contractors, freelancers and workers. There are additional categories where a payslip is not required: police service; merchant seaman; master and crew of share fishing vessel.

Workforce Management

Top 10 benefits of working from home

Improved productivity heads the list of the top 10 benefits of working from home. As more workers seek a greater work/life balance, working from home is becoming increasingly popular.

HR Legislation

How DuPont makes GDPR a natural behaviour

If you want to learn best practice in handling data in light of the General Data Protection Regulations (GDPR), you can do no better than to look at DuPont. Now part of science giant DowDuPont following a merger last year, data is part of the DNA of the organisation and it has a long history of embedding data protection into its culture.

Technology

Time, technology and talent: what five generations want from today’s workplace

Millennials: entitled, lazy job hoppers. Gen X: cynical and poor team players. Baby Boomers: out of touch, independent, money-driven workaholics. And what about the iGen: those house-bound, tech-obsessed kids who were born with a smartphone in their hand? These stereotypes are bandied around regularly, but is there really any truth in them? And do different generations expect to be treated differently by their employers?

HR

Payroll Services Alliance attends SD Worx European Conference 2018

On Tuesday 6th February, at Hilton Park Lane in London, we were delighted to join our partner SD Worx at its European Conference 2018.The theme for the day was close to our heart: ‘The Future of Collaboration’. This unique event played host to the industry's most influential experts, practitioners and businesses, attracting leading HR and payroll professionals from all over the world. 

HR

A reflection of my first SD Worx European Conference

Adam Burgess, Business Development Manager at SD Worx UK & Ireland reflects on his first experience of an SD Worx conference. SD Worx hosted its 22nd Annual European Conference at the Park Lane Hilton in London in February 2018, with "The Future of Collaboration" as its 2018 theme.

HR Legislation

Top 5 lessons on GDPR from the SD Worx European Conference

Here are the top five lessons on implementing GDPR from the session with Gert Beeckmans, Chief Risk and Security Officer at SD Worx, and Frank Rudolf, Director of Payroll at PAREXEL from the SD Worx European Conference 2018, held in London on 6th February.

HR Legislation

How to prepare for GDPR: the clock is ticking!

With just three months to go until the General Data Protection Regulation (GDPR) comes into force, the clock is ticking for HR and payroll managers to get the systems and processes in place to ensure compliance. The regulation, coming into effect on 25 May 2018, updates data rights for today’s networked world, and organisations ignore it at their peril.

HR Legislation

Paternity tips for dads to be

Clark Hoy, Business Development Manager at SD Worx UK & Ireland shares his top tips for all the new dads and dads to be (D2B) regarding all things paternity!

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