The payroll function is vitally important in the efficient running of any organisation, and in many cases, it is one of those under resourced and inconvenient tasks which causes frustration to businesses and uncertainty to their employees.
Over the last few years the payroll function has become a lot more complicated as employees are entitled to a number of benefits which need managing, such as the National Minimum Wage, the National Living Wage, Maternity as well as Paternity pay and associated paid holidays too. The outlook does not seem to look at this becoming any easier as the new Auto Enrolment Pension Laws will be rolled out to virtually all businesses in the next 12 months or so.
There is a cost to all of this for businesses, not only in the actual employment costs of these entitlements and benefits but also of maintaining up to date software and training payroll staff.
You don’t have to undertake this yourself. It might be more efficient and cost effective to outsource your payroll function and therefore focus on your core skills. We can operate your payroll for you, using the latest software, a dedicated payroll expert, and all at a cost far lower than employing your own employee.