The basic expectation of payroll is that your workers get paid correctly and on time. When you don’t meet these basic needs, regardless of how time-consuming and complex the process is, you jeopardise your relationship with your workers and risk exposing your business operationally, as well as damaging your company’s reputation.
Improving your payroll experience
- Ensuring pay is correct, pay close attention to PAYE workers and holiday pay
- Adhere to legislation, especially when dealing with Umbrella payments and Personal service companies
- Going paperless; see the benefits of digitising both for experience, compliance and environmental reasons
- On-demand pay; a relatively new innovation. Allow workers to access their pay outside of ‘normal’ payroll periods.
- Outsourcing payroll is an excellent way to save your business time and money while staying compliant.
Outsourcing your payroll process to ODC has many benefits:
- Save time and free up resources internally, keep your payroll for permanent staff
- Consolidate your billing, we can offer one invoice at agreed intervals
- Outsource compliance and ensure your business adapts to changes in legislation
- Minimise payroll errors through our expertise and digital timesheet software
- Access regular reporting from our digital systems
- Facilitate employee self-service through our portals
If you would like more information about how to improve your payroll processes follow this link: https://bit.ly/htiypp23