Executive summary
The CIPP’s flagship survey which explores trends impacting payroll processes and payslips has been running since 2008.
The policy and research team would like to take this opportunity to thank all those who took the time to respond to the survey, and who fed into this valuable research. We most certainly could not carry out tasks such as this without these contributions.
The research seeks to explore how many people are being paid, at what frequency, through which method and how payslips are provided to staff.
Each year, a selection of questions are included which centre on subjects currently impacting payroll professionals, and in this particular survey, there is a focus on changes to holiday pay legislation and amendments to rules surrounding what information needs to be displayed on payslips.
Additionally, the survey investigates the impacts of coronavirus, and specifically the Coronavirus Job Retention Scheme (CJRS).
KEY FINDINGS ● Unsurprisingly, the most common pay frequency remains unchanged, and is monthly – over 96% of respondents confirmed that they operate at least one payroll at this frequency within their organisation ● The largest number of responses came from those within the accountancy sector ( 14.36% ), followed by respondents in the retail sector (14.10%) and then those from a manufacturing background ( 11.79% ) ● There is consistency in the percentage of payroll service providers or agents acting on behalf of their client base that have replied to the survey when comparing this year’s results with those from last year- this continues to sit at approximately 25% . Previous years showed that responses from this population made up approximately 15-18% of the total results ● This survey includes a ‘payment on demand’ question, which was first introduced last year in recognition of the constantly shifting landscape of payment methods. In 2019, 0.7% of respondents confirmed that they used this method of pay in their businesses, and this has increased to 1.07% in the space of a year. This may not seem to be a significant increase, but when the duration of time is considered, it cannot be ignored, and suggests that ‘payment on demand’ is becoming more popular ● Whilst on the topic of ‘payment on demand’, last year’s results indicated that 7% of businesses had received requests from employees to be paid in this manner, as opposed to receiving their wages on their standard pay day. This has reduced to just over 4% in the current year, which potentially reflects the fact that more businesses now offer this payment type, meaning that less employees feel the need to make requests of this nature ● Just shy of 3% of respondents confirmed that there had been an amendment to the pay frequency within their business over the course of the past two years – the comments suggest that the majority of these changes relate to businesses changing from weekly to monthly payroll. Nearly 7% of responses highlighted the fact that employees had requested their pay frequency to be changed. The main reason for this centred around easier financial planning and budgeting for members of staff, which ties in with financial awareness, which is a pertinent topic at present, given the impacts of the pandemic
C I PP POL I CY AND RESEARCH TEAM PAYSL I P STAT I ST ICS COMPARI SON 2008 -2021
5
Made with FlippingBook - Online magazine maker