Industry news
Industry news
‘Booming’ payroll LEADING INDEPENDENT recruitment consultancy, HRC Recruitment, has expanded its offering with the addition of a payroll and outsourced finance division building on its existing expertise in accountancy and finance. Andy Mitchell, who has been appointed to lead the new division at the Glasgow-headquartered business as a managing consultant working on payroll positions across the UK, said: “We’ve quickly realised that the market for talent in payroll and outsourced finance is absolutely booming – there is huge demand across the UK… We’re currently working with some of the UK’s top accountancy and finance firms on delivering the best people for a variety of positions throughout the country. “Payroll is one of the most undervalued functions in any business. The team, or individual, is the only department within a company that has the potential to impact every single employee. We realise how vital these hires are, which is why we are putting ourselves at the heart of the market.” commented that business management has “a huge responsibility to ensure that each member of their current workforce understands how technology can augment their role so they can utilise their maximum potential.” ZHCs can be positive SPEAKING AT Peninsula’s annual human resources and business leaders’ forum held in Manchester in early June, Matthew Taylor, chief executive of the Royal Society of Arts and the lead reviewer in the government-commissioned Good work: the Taylor review of modern working practices, said that “Zero hours contracts [ZHCs] can be a positive part of work-life balance if they offer genuine two-way flexibility.” Ruling out a ban on ZHCs, Taylor added “Flexibility is a good thing, and most people who work in non-standard ways choose to do so.” Untrained, unprepared NEW RESEARCH by The Workforce Institute at Kronos has revealed that faced with technological disruption the UK workforce feels they are undertrained. Almost a third (30%) of workers haven’t been trained to carry out a new job or role they had been tasked with in the past year. And few organisations have formalised their training programmes, with the majority (61%) training their employees while ‘on the job’. One in five (22%) of the workforce feel the number of skilled workers in their organisation will decrease as a result of the UK leaving the European Union; and half (55%) feel that organisations do not have adequate measures in place to deal with the outcomes of Brexit. Employees are beginning to fear wage stagnation (28%) and unemployment (22%). Clare Richardson, chair of The Workforce Institute Europe,
Mitrefinch open new office MITREFINCH, GLOBAL provider of human resources, payroll and time and attendance software, has launched a new office. Matthew Jenkins, chief executive officer (CEO) of Mitrefinch, said “The UK continues to be at the core of our international expansion and our second office in Nottingham will allow us to bring exceptional talent into our business. Our new office was designed by our employees to develop an environment that supports creativity, social collaboration, innovation and agility. “We have ambitious plans which support our global commitment to the customer experience and continuing to build high quality products.” Ken Pullar, CIPP CEO, joined Mitrefinch for the launch of the office to cut the ceremonial ribbon and share his vision for the payroll industry.
SD Worx Holding expands REINFORCING ITS position in the growing market for flexible work, SD Worx Holding is expanding with a take-over of Flexpoint Group which will be final once the competition authorities have given approval. The Flexpoint Group’s companies, which include Easymatch Payrolling, are active in such areas as outplacement, specific payroll for temps and human resources consultancy. The Group has over 240 full-time employees and around fifty branches in Belgium and The Netherlands, and in 2017 had a turnover of more than € 160 million. Filip Dierckx, chair of the board of directors of SD Worx Holding, commented: “With this take-over, we are increasing our turnover in the staffing area to around € 300 million…Our ambition is to be one of the top five in Belgium in staffing and to achieve significant growth outside Belgium by 2022. This means that we are looking for talent to help achieve this growth.” Transferring apprenticeship funds EMPLOYERS PAYING the apprenticeship levy but not planning to use all the funds in their apprenticeship service account can now transfer a portion to another employer to support them in taking on apprentices. A maximum of 10% of annual funds can be transferred. Any employer registered on the apprenticeship service can receive and use transferred funds, but the transferred amount can only be used to pay for training and assessment for apprenticeship standards, and only for new starts. The amount transferred cannot be used for
an apprentice who started before 1 May 2018. For further information: https://bit.ly/2yb1kdF.
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Issue 42 | July - August 2018
| Professional in Payroll, Pensions and Reward |
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