Professional Magazine September 2016

The goal of education is the advancement of knowledge and the dissemination of truth. John F Kennedy (1917–1963)

Chair’s message

CEO message Throughout July and August, the CIPP has been running our annual benchmarking survey amongst our full and fellow members. This survey looks at the four key strands of providing a payroll service: ● accuracy, timeliness, completeness and the evaluation of the effectiveness of your end to end human resources/payroll process ● compliance with statutory filing/payment deadlines ● data security/confidentiality, and ● average cost per payslip. The exercise closes on 9 September and results will be analysed for discussion at the Annual Conference and Exhibition on 6 and 7 October. In addition, all members who have completed this survey will have a personalised report, looking at how their payroll service compares with others in their geographical location and/or industry. The analysis provided within the report provides an excellent basis to support decision making, measure performance and identify trends which will provide a baseline for future development. During the conference, the session will explore how the results from the benchmarking exercise could be used to identify improvement opportunities and set performance expectations for payroll within your organisation. As we enter September we celebrate National Payroll Week (NPW). Taking place 5–9 September NPW recognises the contribution which payroll makes to the UK economy through the collection of £282bn in income tax and national insurance and the positive impact that payroll has on your organisation. Too often payroll is taken for granted as something that just happens ‘at the push of a button’; through our ‘it pays to learn: educating the nation’ theme we aim to educate our colleagues outside of the payroll department about their payslips, deductions from pay and ways that they can save money through payroll initiatives such as salary sacrifice. In addition, we highlight to those in senior positions the importance of payroll strategically in raising morale and employee motivation, which ultimately leads to business growth and a positive impact on the bottom line. During National Payroll Week the CIPP is holding a networking event for our fellow members at the House of Commons which will address the results of our latest research, as well as hosting the only payroll conference in Scotland on Thursday 8 September which sees many of our Scottish members coming together to

Also at the Conference in October, we shall be hosting our Annual Excellence Awards. The shortlist for the Awards will be announced following the judging on 26 August; and, although the judging is yet to take place, at the time of writing I have been extremely pleased to see such a high standard of nomination for 2016. Each year the award nominations increase in their calibre and make me extremely proud to be a payroll professional. When I read about the initiatives and improvements that you have taken on during the last twelve months, I think about the overall impact that this will have on business operations. Payroll is no longer the back-office function that it was perceived as being years ago; it plays an important strategic role in the growth of UK businesses. Your payroll strategy will impact upon your recruitment and retention of employees, another topic at this year’s Annual Conference. It can attract or detract talent within your organisation; talent which then requires development and management, something that is covered throughout this month’s magazine. So, finally, enjoy this issue and the insightful pieces on performance and talent management, and I look forward to seeing you at the Annual Conference and Exhibition where you can discuss these themes in greater detail. hear about legislative developments which are specific to them, and how recent events may lead to increased devolution and change in Scotland. I would like to thank our headline National Payroll Week sponsor Portfolio Payroll, as well as the other sponsors, AHC and The People’s Pension. The October issue of this magazine will include a follow-up of our National Payroll Week activities, as well as the activities of members who have participated. So don’t forget to send details and photos of what you have been doing to npw@cipp.org.uk and take part in the conversation on Twitter using #NPW16. As an organisation we have recently, in the first week of August, had the auditors in and have released the financial accounts for approval at our annual general meeting (AGM) on 6 October; these are available to members on the AGM page of our website. One of our recent investments has been in developing and implementing a new CRM system and website to improve your membership experience, details of which can be found on pages 14 and 15.

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Issue 23 | September 2016

| Professional in Payroll, Pensions and Reward |

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