O N L I N E L E A R N I N G
The overpayment of remuneration to employees can occur for many reasons. The rules governing the right to reclaim overpayments are complex and must bemanagedwith caution. This course clarifies the impact of relevant case law and statutes and identifies the practical considerations for reclaiming overpayments using group discussions and exercises to create an interactive learning environment. Overpayments recovery workshop
Industry news
Resignation levels in 2021 DATA COLLECTED by Cendex, part of XpertHR, has highlighted that nearly one in ten employees resigned in 2021. Entry level professionals (13.6%) and organisations in the not-for-profit sector (12.5%) were impacted most significantly. In the private sector, turnover appeared to be lower, with the
voluntary turnover rate at 8.7%, and the total labour turnover rate being 11.7%. In the public sector, however, there were more leavers, with a total labour turnover rate of 15.6% and a voluntary labour turnover rate of 8.8%. Other sectors which had high turnover rates were: ● retail and wholesale companies (voluntary labour turnover of 10.5% and total labour turnover of 15.2%) ● the transport and storage industry (voluntary labour turnover of 9% and total labour turnover of 11.6%). The lowest rate of voluntary labour turnover appeared to be within the information and communication industry at 4.7%. Majority of employers plan to maintain or increase apprentice numbers RESEARCH CARRIED out by the Open University and the 5% Club has highlighted the fact that nearly nine in ten employers who hire apprentices intend to maintain or increase the number they take on over the next 12 months. The news is positive, as it shows organisations are interested in expanding the skills of their workers. A survey was conducted with over 600 employers in England, and the figures were revealed in time for national apprenticeship week, which ran from 7-13 February 2022. Among the highlights of the survey results were the below findings: ● 68% of organisations who employed apprentices felt they make a significant difference in supporting people from lower socio-economic groups in the workplace ● 75% felt that apprenticeships were important to assist people without degrees or with low prior attainment ● 46% stated that apprenticeships are crucial in supporting more people from black, Asian and minority ethnic backgrounds into the workforce or to develop their careers. Organisations invest in automation and technology due to skills shortage HALF OF employers in the United Kingdom (50%) are intending to invest in automation or IT in the next year because of dealing with a growing number of staffing challenges. RSM UK ran its quarterly The Real Economy report, and the findings highlighted that more than a third (38%) of employers admit that skills shortages are a concern. Nearly two-thirds (61%) of employers felt that investment in technology could help resolve some of the challenges they’re currently facing. 67% of businesses investing in automation or IT were doing so to aid the efficiency or productivity of employees. Roughly four in five (83%) of businesses included in the survey confirmed they are investing in digital improvements to increase employee engagement, and 47% stated they had recently invested in improvements to the digital experience for staff, with 36% planning to do so within the next year.
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CPD 3 points
39
| Professional in Payroll, Pensions and Reward |
Issue 78 | March 2022
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