Feature topic – Payroll: in-house v as a service
based systems, such as payslips, with a digital version or copy.
provide copies of past payslips, P45 forms or P60 certificates. ...increase accuracy, reduce human contact and help empower individuals to quickly answer Payroll departments are also no longer required to update employee details. As workers are then able to access their own personal data and change their information, such as their address or bank details, payroll teams can become compliant with data regulations more easily. Significantly, self-serve reduces the time taken answering queries, given that it now means payroll teams no longer need to manually communicate data. Instead, payroll and HR data are now being inputted and checked by the employees, and resolve questions...
which also helps reduce the potential for keying-in errors.
Reducing human contact through digital payslips There are further health benefits for payroll digitalisation in the context of the pandemic, as today’s workforces are now rightfully concerned about infections spreading across the workplace. The use of a self-serve system, where workers can access their payslips on their mobile phones or other personal devices, now means project managers no longer need to travel from location to location to hand out payslips risking cross-contamination through physical copies of payslips. Self-service systems reduce human contact and also give workers better control of their personal information. They can log in themselves through online portals and see what is happening regarding human resources (HR) and payroll processes. This also prevents situations occurring where site managers are having to handle disputes over pay. There are numerous additional benefits, not least the fact that self-service systems remove the need for payroll teams to
Maintaining trust and minimising the risk of potential for error Workforce management and self-service portals have many benefits beyond simply making the lives of the payroll team easier. These systems increase accuracy, reduce human contact and help empower individuals to quickly answer and resolve questions themselves, but the main advantage is the reassurance these systems can provide to employees. Digitalisation in payroll helps maintain employee trust and can even assist in the rebuilding of it after a year of uncertainty. Digitalisation reassures staff through the communication and transparency on data usage, and also reassures payroll professionals by assisting with compliance in the back office. Through greater levels of automation and streamlined processes, these payroll solutions will help organisations both emerge from what will be some of their most challenging years and to move forward in the best shape possible. n
CPD 15 points
NEWTOPAYROLLANDWANT TO STANDOUT FROMTHECROWD?
UPDATED FROM 2021-22 BUDGET
Designed for those new to payroll, or those who wish to improve their working knowledge of payroll processes, this qualification covers the core skills required to administer the payroll function. Includes five dynamic units: ● Calculating National Insurance contributions (NICs) and gross payment apportionments ● Taxable pay and PAYE income tax calculations ● Statutory Sick Pay (SSP) calculations and administrations ● Child-related statutory payment calculations and administration ● Administering statutory deductions and additional payroll obligations The Payroll Technician Certificate meets the industry’s rapidly evolving requirements for knowledgeable payroll administrators.
£1595.00 +VAT*
Enrol today at cipp.org.uk/study for a start in August
*Price correct at time of print
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| Professional in Payroll, Pensions and Reward |
Issue 72 | July / August 2021
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