REWARD
identify learning opportunities. Approach someone as a mentor. LG: There are three types of networks important in business and while many payroll professionals excel at using and building their operational network, often they overlook their personal and strategic networks. Operational networking involves cultivating relationships with people helpful to the job. Likeminded people outside your organisation can assist in your personal development and provide coaching and mentoring. Strategic networking can be the toughest but is essential for managers wanting to progress their careers. NP: The community of payroll professionals on LinkedIn demonstrates the industry’s openness, collegiate spirit and willingness to help one another. If you post a question or seek advice from others who have overcome whatever challenge you are facing, you will likely get a valuable response. There is something about the cyclical nature of payroll that lends itself to fellow-feeling – we’re often all facing the same problems at similar times. Also, with several professional bodies
such as the CIPP, there are avenues for interacting with other payroll professionals. Engaging with software user groups or special interest groups can further ensure you are networking with those you can get the most value from and vice versa. Strategic networking can be the toughest but is essential for managers wanting to progress their careers HW: I believe networking is key to professional development as it presents the opportunity to share experience and gain knowledge. Through ‘putting myself out there’ at networking events over the last four years, I have placed in the top 100 Payroll Leaders for three consecutive years and won the Payroll Leader category this year. This has opened many opportunities for me, both in my role at Swan Housing and within the
payroll and reward community. KY: Networking is often not a priority for payroll professionals entering the workforce, but is an important skill to build, even in earlier stages of the career. It will always be important for the future. It is commonly neglected by mid-career and more senior professionals who believe their network is already sufficient and no longer needs expanding. It is, however, very important for payrollers of all levels, as a well-built and maintained professional network is one of the most powerful tools for career advancement. There are many ways you can develop your network, starting from within your own organisation, to becoming a mentor and building a strong network of ambassadors representing your brand. The benefits of having a robust network are endless, but the most significant benefit is the career opportunities it can offer. By building professional relationships with individuals who work in a range of organisations and industries, it’s possible to gain a competitive edge through advance notice of job opportunities, as well as from personal connections that can help you get your foot in the door. n
CPD 15 points
NEWTOPAYROLLANDWANT TO STANDOUT FROMTHECROWD? The Payroll Technician Certificate meets the industry’s rapidly evolving requirements for knowledgeable payroll administrators. 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
£1,595 +VAT *
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*Price correct at time of print
| Professional in Payroll, Pensions and Reward | October 2021 | Issue 74 34
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