Remove 2022 Remove Outsourcing Payroll Remove Salary
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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. What do these changes mean for payroll teams?

Payroll 52
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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.

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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.

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The Latest HR Trends for 2023

Higginbotham

To address these issues, 57 percent have hired candidates higher in the relevant salary range and 76 percent have adjusted or may adjust salary ranges more aggressively. percent in the 12-month period ending June 2022 – the highest inflation rate seen since 1981. The average U.S. pay increase in 2023 is expected to be 4.6

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Top essentials to help protect employee wellbeing

Employee Benefits

Health and wellbeing at work are just as important as salary for more than 80% of UK employees*, but what are the essential components of a wellbeing programme that employees truly want and need? David McCormack, CEO of HIVE360 , investigates.

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Seven ways payroll errors impact your staff – and how to avoid making mistakes

cipHR

Payroll: it’s an important part of any organisation, but one many employees may not think about much – until there’s a problem. In July 2022, reports emerged that employees of grocery chain Asda were taking out loans, skipping bill payments and using food banks because regular payroll errors meant some had been underpaid by more than £500.

Payroll 59
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HR systems features: the definitive A-Z of HR technology

cipHR

Business process outsourcing (BPO) – outsourcing a business function, such as payroll, to a third party, such as an outsourced payroll bureau. Payroll software – payroll software is used by organisations to calculate, manage, automate and process payments of wages or salaries to their employees and workers.