Reward
employer for another. The critical reasons behind these resignations tend to relate to workplace flexibility, inconsistent leadership, career progression limitations or remuneration. However, the great resignation is not confined to the payroll profession. Across all industries, talent is moving, and in response, companies are creating attractive packages to entice top talent to join them as they try to scale and grow. This battle for talent is impacting the payroll industry, as we’ve seen a stark rise in the demand for payroll professionals with expertise in reward or well-being initiatives. Companies are seeking payrollers who can link pay and performance with organisational goals to help them attract and retain talent. Consequently, we’re seeing more hybrid payroll and reward-type roles emerging focused on developing pay and benefit offerings that meet the needs of their diverse workforces. As payroll positions change, skills evolve, compliance changes and technologies advance, payroll training providers have become the pivotal hub payroll professionals rely on, as they seek to develop the skills required for this
off its out-of-date number-punching, big red button, wages clerk tag. It’s shedding its transactional camouflage and putting itself at the epicentre of employee engagement, data management, technology, OPEX efficiency and compliance. This change in industry profile is bringing many new career pathways for payroll professionals to consider, and I have no doubt more opportunities will follow in the future. With over 60 career pathways to choose from right now, payroll professionals are no longer restricted by glass ceilings or transactional tasks. Payroll is a pivotal function that has gained recognition as a business function that can influence and drive value to support much broader organisational objectives. As a result, people are no longer ‘falling’ into payroll; instead, perhaps for the first time, people are proudly and pro-actively choosing payroll as a career, because of the exciting and varied opportunities the industry provides. n Want to download JGA’s payroll career pathway PDF? Visit: http://ow.ly/ Hm4K30sa1Hq.
new world of work. We’ve also seen an increase in the demand for payroll tutors, legislation managers and policy writing professionals emerge in response. Across all industries, talent is moving, and in response, companies are creating attractive packages to entice top talent to join them as they try to scale and grow Shifting opinions of payroll Personally, I’ve always likened payroll professionals to chameleons. My view is that the payroll community has always adapted and evolved, no matter the pace or scope of change ahead. However, it appears payroll is finally starting to shake
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| Professional in Payroll, Pensions and Reward |
Issue 78 | March 2022
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