If you’re like us, then you’ll love productivity. It’s at the heart of any growing business, but what do your payroll team need in their locker to be working at their most efficient? Great UX Clunky software, difficult-to-navigate screens and don’t even get us started on buffering. Ultimately poor user experience is going to lead to sloppy payroll. We’re talking people not being paid on time, inaccuracies, and it could very well impact team retention. In fact, research from Workfront suggests that almost half of…
We’re not talking free fruit, duvet days and dogs in the office - we’re talking about true online employee experience. It’s the buzzword that’s thrown around a lot in the industry, but how does it impact business performance? Poor productivity We’ve all been there: spending minutes, hours, what feels like weeks searching for the right screen, then combing through FAQ’s on how to submit something, all for an error screen to be spat out at the other side. Ineffective, dated and clunky software is the…
After GDPR came into effect in 2018, there has been increasing demand for assurance on how organisations manage their personal data. Fortunately, the ISO 27001 certification guarantees that our systems and data is protected at an international standard of safety. As a payroll and HR provider, this level of security is particularly essential - and here's why. What is ISO 27001? The ISO 27001 certification is the international standard that ensures personal data is protected. Recently, Moorepay's ISO 27001 certificate has been reissued. Having an…
An Important Case on the Topic of Worker Status decided by the EAT in April 2021. A ruling has confirmed that drivers working for the private hire and cab and courier service, Addison Lee, should be classified as ‘workers’, and will subsequently be entitled to the rights that workers receive. This follows on from the outcome of a Supreme Court case in February 2021, which found that Uber workers should also be classed as workers. The latest decision means that Addison Lee may need to…
Your employee might be young enough to be in a higher repayment scheme, have PHD’s coming out of their ears, or maybe they have multiple loans to repay. Whatever the circumstance, whatever the repayment, this information impacts your payroll. Read on to find out how to apply student loans to your payroll, and important information you need to be aware of. How do I know if I need to take student loan payments from my employee? It’s worth noting when taking on a new employee…
We've seen the volume of employees paid by Faster Payments rise rapidly through the first months of 2021. Since November last year, we’ve almost doubled the number of monthly transactions. And in the same period, the monetary value of transactions has increased by almost 120%. What’s more, the overall number of Faster Payment transactions in the UK increased by 22% in March 2021, compared with March 2020. I’m keen to explain what Faster Payments are and the main benefits payroll teams see when using them.…
Everyone deserves to be paid fairly for the work they do, and minimum wage is in place to protect employees from exploitation. However, it wasn’t that long ago when huge names in retail, hospitality and entertainment failed to pay their employees basic minimum wage. So, what was their downfalls? And how can you as a business avoid the same mistakes? In 2017, the government named and shamed more than 350 big name employers who failed to pay some of their employees the national minimum and…
With the new tax year comes new allowances, taxes, benefits and legislation that we payrollers need to be aware of. Something to keep in mind this year is the personal tax allowance – but how is this applied to your payroll? Changes to personal tax allowance fixed until 2026 For the tax year 21/22, the personal Income Tax in the UK was increased to £12,570, while the threshold for paying the Higher Rate of Income Tax (40%) was increased to £50,270. As you might be…
Please note, legislation has been updated in regards to holiday calculations since this article was written, effective for holiday years starting on or after 1 April 2024. If you’re a Moorepay client, please contact us if you need guidance. Otherwise, please see this article on the changes for more information. Is calculating worker holiday pay driving you round the bend? Feel like you’re owed a holiday just for getting your head around it? Check out our employers’ guide to holiday pay calculations to make some sense…
Outsourcing your payroll, just like outsourcing anything in your business, does come with an element of risk. And not necessarily a fun kind of risk, like karaoke, blind dates, or opening a packet of ham that’s been in your fridge for a while. That being said, a small amount of risk can lead to great rewards - whether that’s a streamlined payroll experience or a delicious sandwich. We’ll walk you through the 7 most common perils of moving your payroll function from in-house to managed.…
