How to Choose the Right Payroll Software for Your Company

Crunching down the numbers for payroll is no easy feat. The whole process means dealing with timesheets, attendance reports, taxes, compensation and more. Such tasks can be daunting, not to mention time consuming and liable to conflicting results. Fortunately, there are now software solutions designed specifically to assist you in managing payrolls. In fact, a Deloitte survey says that 89% of global businesses use online payroll services to help them. This type of software can help you … Read more

GDPR: Can you email payslips, P60s or P45s?

GDPR email payslips

We are sometimes asked “is emailing payslips OK?” and we politely explain that with regard to GDPR, email of payslips is a really bad idea! Pay documents such as payslips, P60s and P45s contain personal data. This means that the employer has a responsibility to take appropriate measures to protect this data under GDPR. So, what does the GDPR say: GDPR email payslips ” Taking into account the state of the art, the costs of implementation and the … Read more

Total Cost of Ownership (TCO) Calculator

The work required to operate traditional payroll, or prepare outsource data is rarely considered. When researching costs, always consider the cost of labour required to get the full picture: Use the calculator below to compare the total per annum (pa) cost including labour – it’s a lot higher than you might think!:

Payroll for the new normal

We have put together a list of must have payroll features for post C19 world. Click the image, then pinch to zoom. Download PDF version Download full WORD version Cloud Run from anywhere,any device No softwareNo PCNo more upgrades Never need to backup Business continuity Multiple administrators In case I’m not available Employee self-serve Payslips, P60s, P45 Never generate or distribute a document again Zero manual input from payroll Employees responsibility to enter/ ensure manager approval. No … Read more

Attracting, retaining and engaging talent with on-demand pay Mark Paraskeva, Founder & CEO, paiyroll

This is a copy of an article that appeared in November 13, 2019 HRD Tech Founders Q&A series In this instalment of our HRD Tech Founders Q&A series, Mark Paraskeva, Founder & CEO, paiyroll®, reveals why today’s workers expect to be treated like consumers in the workplace. This means giving them full control over their pay and benefits. Allowing workers to access pay-on-demand, not only reduces payroll costs, but means that workers are twice as likely to … Read more

Can your payroll handle the complexity of NMW?

paiyroll® National Minimum Wage report

The government recently announced increases to the National Minimum Wage (NMW) in April 2020 with further legislation changes expected. Implementing and verifying adherence to this legislation is complex, difficult to understand and often involves manual setup and checking. It generally relies on payroll teams and their finance directors to ensure their companies adhere to the legislation and do not fall foul of government penalties, putting a lot of stress on these teams as deadlines approach. The complexities … Read more

I can see my pay at the beginning of the month!

Live payslip

“I get paid monthly and it’s the beginning of the month. From my mobile, I can instantly see my live payslip with all the payroll calculations showing gross pay, taxes and net pay. I love being able to know how much I am due anytime 24×7 without waiting until the end of the month” Today’s workers expects the consumer experience The traditional payroll process hasn’t changed for the best part of a century; consigned to the back-office … Read more