GLOBAL PAYROLL MAGAZINE
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lls shortage could expansion plans
practices don’t facilitate job sharing arrangements, which women favour”.
that, in many places, payroll is seen as a job that anyone can do. Yet ordinarily it takes companies four to six months to onboard even credentialled payroll talent - despite the fact that pay is typically a company’s biggest business spend. Payroll and the talent crunch Tight labour market conditions are further impacting payroll and increased demand for talent is pushing salaries higher. Demographic-related reasons : Historically, payroll teams had a high number of older workers. Many escalated retirement plans during the pandemic and left the payroll function vulnerable to attrition, while women are overrepresented. Melanie Pizzey says, “The ‘always-on’ nature of payroll jobs may not lend itself to part-time
Skills and responsibilities While many organisations are now reviewing how to do payroll with fewer people, others are in the process of upskilling existing payroll staff and changing how they work. The profile of a payroll professional is changing into a more strategic function; adding value to organisations as they expand. Download ADP’s Guide to payroll skills for internationally expanding businesses to discover the options for tackling the payroll talent shortage and learn about the latest skills and responsibilities required of a modern payroll team.
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work, which disadvantages the higher number of women who want this working schedule. Current organisational
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