article thumbnail

2022 mini-budget summary – how will the changes impact payroll professionals?

cipHR

On 23 September 2022, the chancellor of the exchequer, Kwasi Kwarteng, announced a series of economic policies in a “mini-budget” (not being an official budget statement) which was unveiled against the backdrop of a cost of living crisis. The reversal will come into effect in November 2022.

Payroll 52
article thumbnail

The top five employee engagement mistakes and how to fix them

Employee Benefits

Employee benefits HIVE360 provides its Engage Employee Benefits app as standard to businesses that outsource payroll and employment administration to the company. Gallup State of the Global Workplace Report 2022. The app includes My Training, My Health, My Money, My Discounts, and My Work features.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What do employees value the most?

Employee Benefits

In a 2022 study, 59% of 5,000 employees said control over work location and their hours was more important than a higher wage — highlighting how highly employees value flexibility. It is closely linked to staff recruitment, retention, and their levels of productivity and engagement.

article thumbnail

How can HR Shared Services deliver the best employee experience in a post-pandemic hybrid working environment?  

LACE Partners

A consensus was reached that there is no true, functioning outsourcing market framework in Europe, with no external provider in the position to offer a truly full-scale outsourcing model. Problems of outsourcing payroll Attendees agreed that when it comes to payroll specifically, again there is no truly globally outsourced provider available.

article thumbnail

What is payroll outsourcing?

Higginbotham

Payroll Errors Can Be Costly Employees work hard to earn their pay. So, if payroll errors occur, they may not be understanding. A 2022 study from EY found that the payroll accuracy in the most recent fiscal year was only 80 percent. Some payroll outsourcing services provide additional HR services.

Payroll 52
article thumbnail

Benefits of investing in employee engagement

Employee Benefits

Employee engagement strategies are rising up the employee retention agenda with good reason, says David McCormack, CEO of outsourced payroll solutions and worker benefits provider HIVE360. Employee engagement levels in the UK are one of the worst in Europe with fewer than one in 10 UK employees feeling enthusiastic about their job.

article thumbnail

Hike in workers using employee benefits’ shopping discounts

Employee Benefits

When compared to shopping and mobile discounts accessed by Engage users in the last six months of 2022, the volume of retail discounts downloaded is significantly higher – the difference between data for last year’s Q3 and Q4 showed just a two percent increase.