CIPP foreword
I’m very pleased to introduce the CIPP’s Future of Payroll Report 2024 .
This research is carried out every two years to identify trends in the industry and provide insights into what’s in store for payroll, enabling us to prepare and stay ahead as we look to the future. We’ve had a fantastic response to our 2024 survey, with hundreds of participants from a range of sectors sharing their views on the current trends and challenges facing the profession. I’m extremely grateful to each and every individual who took the time to contribute to this essential research. As in previous issues, the report consists of four sections covering topical issues for payroll: ● AI benefits and considerations ● continuous change ● future wellbeing initiatives ● payroll careers now and in the future. Despite reports that many employers are demanding staff return to full-time office working, our research found hybrid arrangements were still the most popular, with 83% of organisations offering this option. This indicates that
businesses still recognise the value of flexible working and understand how they can support employee wellbeing.
Similarly, the finding that nearly half of those surveyed have expanded, or are intending to expand, their benefits / reward offerings suggests an increasing commitment by employers to help staff beyond simply providing a regular payslip. Overall, this year’s results have provided plenty of food for thought, so I hope you find the report as enjoyable, informative and inspiring as I do. Additionally, to tie in with National Payroll Week 2024, we’ll be hosting a roundtable event with a number of industry experts to explore these findings in more detail and determine what really lies in store for the profession. I have no doubt that these discussions will enhance the insights shared with you here, so enjoy the read and watch this space for more future of payroll coverage in Professional magazine.
Jason Davenport MCIPP MIoD Chief Executive Officer CIPP
2
FUTURE OF PAYROLL REPORT 2024
Made with FlippingBook - Online magazine maker