The Chartered Institute of Payroll Professionals
News On Line
The new and updated guidance covers:
checking holiday entitlement and sick pay
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fit notes and proof of sickness
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time of for dependants/parents
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returning to work after absence
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creating absence policies
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recording and reducing sickness absence
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absence trigger points.
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Any type of worker absence can cause a strain on the workplace, especially new and small businesses who may not have strong absence policies in place. Acas training courses are now available in both face to face and digital formats. Find out more about Acas absence related training courses, here. You can also sign up to the free e-connect Acas newsletter to hear the latest employment law updates and Acas support and resources available for employers. Acas newsletters share best practice which can help improve productivity in the workplace. Register, here.
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Inflation slows to 6.8% Published: 16 August 2023 Emailed: 16 August 2023
The Office for National Statistics (ONS) has released the inflation data for the 12 months up to July 2023 and it shows a rise of 6.8% for CPI inflation.
This is a reduction of 1.1 percentage points from June 2023, indicating a slowing of inflation. It is worth noting that July 2022 saw a CPI figure of 10.1%, being exceeded only by October’s figure of 11.1%. Will we similarly see October’s 2023 figure be lower in comparison to the surrounding months? The Bank of England, responsible for keeping inflation to a targeted 2%, will be keeping an eye on these figures to see how the base rate will need to be adjusted. This then has an impact on HM Revenue and Customs’ (HMRC’s) late payment interest rates.
The next CPI data is due on 20 September 2023, whereas the base rate announcement is due the following day, 21 September 2023.
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Advanced Workplace Associates Hybrid Working Index Published: 18 August 2023 Emailed: 23 August 2023
Advanced Workplace Associates has released the Hybrid Working Index for August 2023 and inside there are some revelations about hybrid working arrangements in the UK and beyond to explore.
There is plenty of data to dive into, however, there is one stat that jumps out as alarming for the payroll and HR industries:
51% of survey employers do not have a hybrid working policy in place.
This compares to 14% in the EU, 24% in Asia Pacific and 44% in North America. Europe has a significant number or employers reporting a three-day hybrid policy at 72% of those surveyed.
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