Change of pay frequency
of respondents have been asked by employees to change the pay frequency 18% 13% VIEW YEAR-ON- YEAR DATA
PAYSLIP STATISTICS
VIEW YEAR-ON- YEAR DATA
of respondents have implemented a change to pay frequency in the last 12 months
It is interesting to see the top two reasons for a change in pay frequency were to ‘improve payroll team efficiencies / increase resource capacity’ and ‘improve cashflow’.
From the respondents who selected ‘Other’ some of the reasons they gave were: ● ‘salaried managers changed from weekly pay to monthly pay’
● ‘regional regulations’ ● ‘cost-of-living crisis’ ● ‘client contractual change’ ● ‘implementation of pay on demand’ ● ‘client request’ was mentioned on five occasions.
VIEW YEAR-ON- YEAR DATA
REASON FOR PAY FREQUENCY CHANGE
33%
Improve team efficiences / increase resource Improve cashflow Other TUPE transfer / company acquisition Improve payroll accuracy Support employee well-being Accommodate a new payroll system
25%
23% 23%
21%
19%
8%
17
Percentages have been rounded to the nearest whole number for clarity and in some instances may not total 100%
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