Following the latest NLW increase on 1 April, a survey of more than 500 SME workers, who are paid the NLW, were asked how their roles had changed since the statutory measure was first introduced in April 2016.
Payroll is just one of those business processes that has to take place, but it’s not much fun. How can you increase payroll efficiency to allow more time for business growth and strategy?
Payroll year end is nearly upon us, and some business owners will be eyeing its approach with dread – but this need not be the case with some simple steps.
Whether you need new skills to help you develop, or temporary and seasonal staff to work at busy times, getting the right employees onboard quickly and easily is crucial.
Much has been said about the increasing expectations and many hats worn by finance directors – but admin tasks are something they wish to do without.
On 6 April 2016, changes to the Pay As You Earn (PAYE) system came into effect, affecting any employers who provide benefits to their employees. Put simply, Benefits in Kind (BiK) are benefits that employees receive that do not come in the form of cash.
We hear a lot about the challenges that face businesses up and down the country, but perhaps less about how business owners are tackling them. For some, overcoming these obstacles can be the key to unlocking their ambitions and achieving growth.
Hiring your first employee is a big step in the evolution of any business, but many entrepreneurs are unprepared for the sudden added complexity of having to pay employees.
With paying staff correctly being one of the most important aspects of maintaining a happy and healthy working relationship with all employees, Nathan Combes, senior associate of employment at Lupton Fawcett Denison Till, reveals what employers need to know.
No-one ever claimed it would be easy. Auto-enrolment represents the biggest shake-up to pensions legislation in years and, unlike many new government initiatives, it impacts every business payroll department across the country.
With over 1.8m UK companies still to implement obligatory pension schemes for staff, Will Lovegrove, CEO at systemsync solutions, looks at how auto-enrolment creates opportunities for new technologies.
Business success depends just as much on its staff’s satisfaction as it does on its customers’. Failing to pay your workforce promptly and correctly for the hard work they do can cause resentment, says Sage UK payroll expert Jonathan Dowden.