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What innovations have payroll providers delivered in 2022?

LACE Partners

In this week’s blog LACE Partners consultant Alex Oliver summarises what innovations in payroll 2022 has seen for key industry players. Just as it started to feel like things were on the way back to normal, businesses are once again navigating choppy waters as global economic shocks slow the tentative post-pandemic recovery.

Payroll 81
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The No-Code Revolution: Transforming Payroll as We Know It – Unveiling Innovations: The Global Payroll Disruptors Digest – Edition 4

JGA Recruitment

Dear Payroll Innovators, Welcome to the fourth edition of our newsletter! Today, I’m excited to share my thoughts on a technology that I think could change the future of payroll: no-code payroll software. I’ve seen payroll admins design intricate systems through simple drag-and-drop interfaces.

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Does crypto currency have a role to play in employers’ pay strategies?

Employee Benefits

The growth of digital and micro payments over the next 10 years could see crypto currency become more common in pay strategies, especially for incentive schemes and global payroll. Glenn Cameron, investment consultant at actuarial and pension specialists Cartwright, believes one of the currencies, Bitcoin, will become mainstream.

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FitFlop introduces salary sacrifice nursery scheme

Employee Benefits

Emma Andrews, global payroll and reward specialist at FitFlop, said: “We have partnered with Workplace Nursery to launch the workplace nursery scheme, ultimately saving our employees money on their nursery fees. There is a minimum requirement for nursery fees to be at least £650 per month before participation in the scheme.

Salary 59
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The Pros and Cons of Standalone Overseas Employees in the Remote Work Era

Hppy

Taxation issues and pension complications If the employee is given the nod to work in a country, they have to pay the tax that they owe. Beyond setting all of this up, it can present confusing pension arrangements. For example, they may be required to contribute to a pension system in both their home and host country.

Pension 36