ADVERTORIAL
Finally! Payroll integration with benefits and discounts made easy
Daniel Cookson, marketing director at Moorepay : “We’ve made big changes to our integrated benefits and discounts offering, supporting your employees’ financial wellbeing when they need it most”
To keep your employees happy (and give them the very best deals), we offer hand-picked discounts that are continually benchmarked against industry competitors. While our comprehensive benefits package ticks all the usual boxes, and then some, when it comes to variety. So, how do we make it so Keeping track of benefit vendors is hard enough, but pair that with setting up new employees and staying on the right side of payroll legislation. Let’s not get started on worrying if a gym membership has pushed your new starter below minimum wage – benefits aren’t always easy. darn easy? Easy to use We’re passionate about lightening the load for payroll professionals. Our cloud- based software keeps track of everything for you, including: l shutting down enrolment windows automatically l running reports to check minimum wage impact l automatically calculating employer and employee tax and NI contributions. All of this is wrapped up with Implemented successfully, a benefits and discounts platform will help you attract and retain talent, reducing your recruitment costs and keeping turnover low
The labour market as we know it We don’t need the Office for National Statistics (ONS) to tell us unemployment is at the lowest it has been for 50 years, anyone searching for talent has already notified us. Gone are the days when a favourable annual salary is enough for employees. With the ever-looming cost-of-living crisis, employees are demanding attractive rewards packages. But those of us in payroll know when it comes to implementation, it’s easier said than done. With manual deductions from payroll, complex reporting and strict minimum wage legislation, navigating the world of benefits and discounts can be tricky, with even the savviest of payroll professionals wincing at the thought of getting benefits wrong. Benefits: friends not foes Providing non-financial benefits for employees has never been more prevalent, or easy. Implemented successfully, a benefits and discounts platform will help you attract and retain talent, reducing your recruitment costs and keeping turnover low. While human resources might be hurtling towards benefits and discounts with a fire in their belly, they can have us payroll professionals reaching for the red tape. Of course, our focus is getting our people paid right and on time. Adding benefits into the mix can make this more challenging, with complexity from all angles, like tax, National Insurance (NI) contributions, take home pay and payslip production. That’s exactly why we built our benefits and discounts platform, to minimise the impact on running and processing payroll.
comprehensive reports and super speedy implementation time; there’s not a lot not to like. Easy to access Whenever shiny new software is introduced, perhaps there’s a little nagging voice in your mind saying, ‘extra payroll administration.’ Well, not with us. Employees can quickly access benefits and discounts through single sign-on, via self- service, with a quick view of active benefits, available discounts and schemes they can enrol onto. Love it or hate it, employees will see benefit deductions on their payslips, with a view of their total deductions in the benefits module – meaning they can quickly see all the associated costs. With all their information accessible 24/7 at the touch of the button, you won’t need to worry about extra payroll queries. We’ve modularised our software too, so whether you’re on a tight budget, already have something in place or fancy one module and not the other, we’ve got you covered. Easy to trust It goes without saying, trust is a huge part of payroll. We pride ourselves in processing payroll for thousands of people up and down the country, considering complex variances in pay, benefit selections and of course, legislation. With our cloud-based software, backed by the latest Microsoft Azure technology, we make processing payroll and legislative compliance worry-free. Plus, we’ve got lots more planned for our benefits and discounts modules – you can expect a wider range of suppliers, access via our mobile app and much more. If you’d like to find out more about our benefits and discounts and the technology that backs it up, we’d love to hear from you. q
We’ve made sure our software takes care of pay adjustments, calculations and contributions, making the whole implementation thing a doddle.
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| Professional in Payroll, Pensions and Reward |
Issue 85 | November 2022
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