All the latest Payroll, HR and Time management industry news, keeping you up to date with policy changes and all things PayEscape.
According to The British Chamber of Commerce, employers are faced with an average cost of £8,500 when they have to defend themselves against an employment tribunal claim.
However, even if the employer wins a case, the legal costs are rarely recovered.
Payroll and HR operations impact the entire organisation but can often be ignored when it comes to making improvements to the process. Efficiencies between teams get overlooked, creating duplicate efforts and potential complications. Restructuring your payroll and HR processes not only simplifies company operations but can uncover inefficient or redundant efforts across the organisation that impact payroll, HR, and compliance.
If you’re employing people, you must offer a workplace pension scheme. The company, your employee and the government pay into their pension, and you must auto enrol every eligible employee.
Employees who aren’t eligible can also opt in to this scheme.
IR35 is continuing to cause concerns for employers and contractors. The government recently confirmed that after an extensive employment status consultation launched in 2018, they will not align tax status and employment rights. This means that contractors working within the IR35 rules will work as “zero-rights” employees. They are paying tax as employees, but receive no holiday pay, sick leave, or paid maternity leave.
Human Resources management is very complex – from the daily operations to appraisals, onboarding, and training, your team is constantly looking for ways to improve the employee experience. Reviewing processes and identifying ways to streamline can help your team reduce time spent on HR admin tasks and increase efficiencies. Here are a few HR improvements your team should make this year:
PayEscape has signed an agreement with Emburse, a global leader in spend management solutions, to offer its Emburse Certify Expense solution to all PayEscape customers. Emburse Certify Expense simplifies the entire expense claim process by automatically creating reports for employees, streamlining manager approvals and making reimbursement and reporting easy.
Need help to understand what solution is best for your business?
Payescape Limited is authorised by the Financial Conduct Authority under the Payment Services Regulations 2017 (register number 821826) for the provision of payment services.