CIPP future of payroll research report 2018

FUTURE OF PAYROLL REPORT

Costmanagement

Genderpaygap

Key focus areas for your business overall

Eeciency

Brexit

Costmanagement

Genderpaygap

Analyticsand insight

62.87 %

31.74 %

24.95 %

70.46 %

15.77 %

39.52 %

32.14 %

Eeciency

Brexit

GDPR

Digital transformation

Costmanagement

Genderpaygap

Analyticsand insight

COST MANAGEMENT

GENDER PAY GAP

ANALYTICS AND INSIGHT

EFFICIENCY

BREXIT

GDPR

DIGITAL TRANSFORMATION

Eeciency It is not surprising that cost management and efficiency come top as key focus areas for businesses (70% and 63% respectively). These are areas which can be streamlined through advancements and developments in technology and systems to support payroll. GDPR and digital transformation were next in priority with Gender Pay Gap following close behind. Although GPG Reporting has been with us for almost a year, the majority of businesses reported their figures in the weeks that ran up to the deadlines at the end of March/beginning of April. Brexit comes in as the lowest focus but this is likely due to the timing of the survey and the uncertainty with regards to the UKs negotiations to leave the EU. Payroll deal with what they know is going to happen, hard facts where possible, and we do not yet have those for Brexit. Digital transformation Brexit GDPR Digital transformation Costmanagement

Genderpaygap

Within the overall business focus, the HR and finance priorities are:

HR

Eeciency

Brexit

Costmanagement

Genderpaygap

Analyticsand insight

56.11 %

41.11 %

25.56 %

73.89 %

20 %

41.67 %

33.33 %

Costmanagement Digital transformation

Genderpaygap

Eeciency

Brexit

GDPR

Costmanagement

Genderpaygap

Analyticsand insight

COST MANAGEMENT

GENDER PAY GAP

ANALYTICS AND INSIGHT

EFFICIENCY

BREXIT

GDPR

DIGITAL TRANSFORMATION

FINANCE

Eeciency

Brexit

Costmanagement Digital transformation

Genderpaygap

Analyticsand insight

Eeciency

Brexit

GDPR

67.10 %

27.10 %

24.19 %

69.39 %

13.87 %

37.74 %

31.29 %

Eeciency

Brexit

GDPR

Digital transformation

Costmanagement Digital transformation COST MANAGEMENT

Genderpaygap GENDER PAY GAP

Analyticsand insight ANALYTICS AND INSIGHT

EFFICIENCY

BREXIT

GDPR

DIGITAL TRANSFORMATION

Eeciency

Brexit

GDPR

Digital transformation

7

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