REWARD
T hroughout the pandemic, the payroll profession has been elevated, and is now recognised as a technical, business-critical function within every company, whatever the sector. This has made the profession a more appealing career choice than ever. With its keyworker status highlighting its stability, recent investment in software, process improvement and training, plus lucrative salaries and remuneration packages, job opportunities in payroll offer an enticing career path.
Recruiting payroll professionals in the current candidate- driven market
For a business to attract payroll talent, they must
Gemma Creamer, associate director – payroll executive division at Portfolio Payroll, provides an update from the recruitment sector on attracting and retaining payroll professionals
pitch remuneration at a competitive level
Attracting payroll professionals Portfolio Payroll’s recent Payroll Salary Survey discusses the power of the current candidate-driven market and the impact it’s having on payroll recruitment. With reports of talent shortages at all levels of the market, businesses are encouraged to present competitive starting salaries, comprehensive benefit packages and working from home opportunities to secure the best in qualified and experienced payroll talent. Salaries have risen at a phenomenal rate over the past two years and opportunities are plentiful. Payroll professionals can now secure higher salaries and are benefiting from a more diverse choice of career opportunities. Therefore, for a business to attract payroll talent, they must pitch remuneration at a competitive level. Benefit packages continue to play a considerable part in the evaluation of accepting a job, particularly any initiatives linked to flexible working, well-being and mental health. Most significantly, the pandemic has heavily inspired flexible working attitudes and is currently the most requested feature of an employment package. Only 15% of permanent roles are 100% office-based and almost one third of payroll professionals now work in a hybrid arrangement, between the office and home. The advice is that if you can offer
| Professional in Payroll, Pensions and Reward | May 2022 | Issue 80 26
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