Payroll & Employee Benefits. In many smaller organisations the payroll personnel fulfill many of the human resource management functions. Most employees who wouldn’t remember the names of all the management staff will know the payroll personnel and seek them out for advice on a broad range of personnel issues that fall within the human resource management profile, including employee benefits. In larger organisations with well-developed employee benefits, managing these benefits becomes a highly specialised field requiring legal and taxation knowledge.
To grow a business and be successful, it is crucial that the HR and payroll administration disciplines are linked.
The ability to effectively manage labour and all the relevant data that goes into documenting employee activity is down to what solution a business has in place.
The payroll discipline is a critical facet of any business operation. It can make or break a business and, as such, technology is designed to help users gain full control over resources and instil efficiency.
Joe Hockey, Australia’s Treasurer, wants to raise the nation’s retirement age to 70, the highest in the world.
While Employment Tax reporting ended 31 May in South Africa and the country can take a breather, other countries on the continent are preparing for tax legislation changes and year-ends in June.
Human error in payroll is a significant challenge and can cost companies millions. Fortunately, in addition to systems that help administrators and managers to prevent errors, there are processes that can be put in place to reduce the risk, say payroll experts at Accsys.
According to a recent survey conducted by Accelir, the solution to the lack of employee engagement companies are currently experiencing is through improved rewards and recognition programmes.
The annual budget speech delivered by the Minister of Finance is often viewed with a healthy dose of foreboding by payroll administrators across the country.
Employees who are on maternity leave can increase the workload for the rest of the division and in certain situations it is not viable to appoint a temporary employee.
Government has welcomed the adoption of the Employment Tax Incentive Bill, which is aimed at reversing the high levels of youth unemployment.
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