The new year is almost here – it’s time to look at trends over the last year and what is coming in 2022. While payroll teams were inundated the last 18 months with Covid-related job retention schemes, payroll regulations will continue to evolve in 2022. Getting ready for new updates is key to keeping your payroll process compliant and secure in the new year. Here are some trends that will continue to impact payroll in the new year:
Flexible and Remote Work
Employees have had to adjust to different work conditions as offices were forced to close and adapt to the ongoing pandemic. Now that employees and employers have adjusted to this “new normal” of teams working remotely or only being in the office a few days a week, this trend will continue into 2022. Some companies have reduced workspace, some have closed the office, but for many companies the hybrid workplace will continue to evolve as the year progresses.
Just as companies have adapted to new work conditions, payroll teams have had to adapt their tools and technology to accommodate their workforce. Now more than ever, cloud-based technology is more important to help teams manage payroll and compliance in a secure environment. Accessible from any device, using integrated employee data on one platform ensures payroll and HR teams have a secure way to handle payroll, HR admin, and time management.
Updates to Regulations
The last 2 years have shown that the government is striving to help employers and employees with job retention and assistance. As regulations changes, your payroll must immediately adapt. As you look to 2022 your payroll and HR software has to adapt in real time, or your organisation will be out of compliance. Using technology that automatically updates with new changes will help your teams stay ahead of regulations before they cause issues in your process.
Simplify your payroll and compliance and stay ahead of trends in 2022 with easy-to-use technology, customised reporting and CIPD experts at Payescape. With cloud-based, integrated tools for payroll, HR, and time management, our team helps ensure compliance with regulations as well as helping your team prepare for upcoming changes. Click here to learn more
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