article thumbnail

What will employee motivation look like in 2024?

Employee Benefits

Stretching net pay, for example, by offering season ticket loans, or maximising opportunities to save money through salary sacrifice [arrangements], will be of significant value to employees,” says Last. Recruitment challenges A difficult recruitment market will also continue to impact organisations next year.

Net Pay 119
article thumbnail

‘New generation’ payroll support for recruiters launched

Employee Benefits

Delivered through HIVE360 Plus , and developed specifically for recruitment businesses with volumes of temporary workers on PAYE payroll, the new solutions are HIVE360 Umbrella Plus and HIVE360 PAYE Plus, which are ‘a new generation of protection and support for agency payroll’, according to HIVE360.

Payroll 52
Insiders

Sign Up for our Newsletter

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

article thumbnail

India’s Payroll Processing: A Comprehensive Step-by-Step Guide

Qandle

Step 8: Pay Slip Generation Generating and distributing pay slips to employees is an important step in the payroll process. Pay slips provide a detailed breakdown of the salary components, including basic pay, allowances, deductions, and net pay.

Payroll 98
article thumbnail

Uniqlo UK increases entry level wages and enhances parental pay

Employee Benefits

Subject to meeting the eligibility criteria of one year’s service by qualifying week, each parent will receive 26 weeks’ full pay to be taken in two blocks, if preferred, during the first 12 months after the baby’s birth. Shop-floor staff will also now receive £300 net pay towards clothing each year.

Net Pay 52
article thumbnail

5 Unusual Payroll Issues That Need Resolving Fast (and How to Troubleshoot Them)

Hppy

Double-Check the Basics First, e.g. That an Employee Understands Gross Pay vs Net Pay When troubleshooting payroll problems it’s important to start with the basics first; this means making sure that each employee understands their gross pay vs net pay , as well as what is being deducted from both amounts.

Payroll 68
article thumbnail

How Integrating HRMS and Payroll Enhances Business Efficiency?

Qandle

HRMS is a comprehensive system that manages various HR functions such as recruitment, employee onboarding , employee data management, performance management, and leave management. Understanding HRMS and Payroll Integration Before diving into the benefits, it’s essential to understand what HRMS and payroll integration entails.

Payroll 105
article thumbnail

Skills of a Payroll Specialist

Professionals Alternative

Payroll involves a lot of calculations, including determining gross pay, deductions, and net pay for each employee. When recruiting and interviewing for a new payroll specialist, make sure to be on the lookout for these particular skills. Strong Mathematical Abilities. Aptitude for Solving Issues.

Payroll 52