All Benefits technology articles – Page 95
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Article
One million PAYE schemes move to RTI reporting
More than one million pay-as-you-earn (PAYE) schemes have started to use real-time information (RTI) reporting, according to the HM Revenue and Customs (HMRC).The legislation, which came in to effect from 6 April 2013, means that employers report PAYE in real time from their first pay day on, or after, that ...
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Article
Global payroll practices need improvement
The majority (85%) of multinational organisations surveyed want improvements to their current payroll practices, yet they are sceptical about whether payroll providers can deliver a comprehensive global solution, according to research by Ernst and Young.Its Global payroll: myth or reality research, which surveyed 161 global senior payroll leaders, found that ...
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Article
Pot-follows-member pension launched for film industry
A pot-follows-member group personal pension (GPP) scheme has been launched for the film industry to comply with auto-enrolment legislation.The Film Industry Pension Scheme, which will be operated in partnership between Helm Godfrey and Scottish Widows, is designed to address a series of industry-specific issues when it comes to pension administration, ...
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Article
Pension schemes not meeting principles of DC governance
More than three-quarters (76%) of pension schemes surveyed are aware of The Pensions Regulator’s Six principles of good workplace DC, according to research by The Pensions Regulator (TPR).Its Occupational pension scheme governance 2013 research, which surveyed 454 trust-based defined benefit (DB), defined contribution (DC) and hybrid pension schemes, aimed to ...
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Case Studies
Listening approach keeps Network Rail’s reward and benefits package on track
“I was very conscious of sitting and listening to people and asking lots of questions,” she says. “It was an opportunity to ask the dumb questions because I was the new girl, so I took advantage of that. I asked the questions that perhaps [new recruits] can’t ask two or ...
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Opinion
Jeremy Thornton: Strategy for HR professionals in a new job
So how should HR and reward professionals prepare themselves for this and make sure their business strategy is the right one?A fantastic senior strategic employee I know, who took a new role in Germany, learnt the phrase ‘This is a pen, not a magic wand’ to prepare herself on day ...
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AnalysisHow to manage legacy employee benefits strategies
IF YOU READ NOTHING ELSE, READ THIS…New recruits must resist the temptation to start their new role with an overhaul of their predecessor’s strategies.Some organisations may simply require an HR professional to maintain current standards.Speaking the same, finance-based language as their new executive board is a key skill for all ...
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Article
Employers use technology platforms to engage staff with benefits
In April, KFC launched an online total reward platform, which includes total reward statements and online shopping discounts for all its 10,000 staff, as well as a flexible benefits scheme for its 1,000 salaried employees.It previously used a paper-based system, but was keen to offer a single platform to bring ...
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Article
Government consults on pensions auto-enrolment legislation
Issues include streamlining the process for assessing which staff are eligible for pensions auto-enrolment. The government plans to allow employers to assess eligibility using information already collected by payroll systems.The government has also suggested lifting the requirement for staff to be auto-enrolled if they voluntarily left their workplace pension in ...
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Article
Youforce launches mobile HR product
Youforce, the international arm of parent company Raet, has launched its mobile HR product into the UK.The software-as-a-service (Saas) platform for HR activities and talent management, can be used by employers and employees at any time on any mobile device.Its capabilities include:Enabling employees to carry out administrative tasks using self-service.Single-system ...
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Article
Employers use out-of-date HR and payroll technology
Two-thirds (62%) of respondents are relying on out-of-date technology systems to manage HR and payroll functions, according to research by MidlandHR.Its HR technology 2013: how mid to large-sized UK organisations are using HR technology, which surveyed more than 200 senior HR and payroll professionals, found that only 18% of respondents ...
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Article
CIPP launches payroll application
The Chartered Institute of Payroll Professionals (CIPP) has launched a payroll application (app).Its Payroll Factapp, which is available on Apple and Android smartphones, contains payroll information, including tax facts and figures relevant to every pay period.The CIPP Factapp also includes:Tax rates, including the new rates in relation to auto-enrolment.Company cars.National ...
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Article
Adams Morey switches payroll providers
Adams Morey has switched payroll software providers following a review prompted by the introduction of real-time information (RTI) reporting.The legislation, which came in to effect on 6 April 2013, requires all employers to report pay-as-you-earn (PAYE) information to HM Revenue and Customs (HMRC) in real time.The truck supply firm, which ...
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Article
Disability charity selects pension consultancy
The Queen Elizabeth’s Foundation (QEF) for Disabled People has appointed Premier to provide actuarial, consultancy and administration services for its defined benefit (DB) pension scheme.Its DB scheme has 600 members and assets of £24.5 million.Gary Allcott, deputy chief executive and finance director at QEF, said: “Premier was selected for a ...
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Article
BHSF partners Torquil Clark for auto-enrolment product
BHSF has partnered with financial planners Torquil Clark to offer an auto-enrolment product to employers.The employee benefits provider and health insurer has around 3,000 employer clients, the majority of which fall into the small and medium-sized enterprises (SMEs) bracket and the auto-enrolment staging window of 2013/2014.BHSF will offer employers access ...
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Article
KFC launches total reward platform
EXCLUSIVE: Kentucky Fried Chicken (KFC), part of Yum! brands, has launched an online total reward platform for its 10,000 employees, a flexible benefits scheme for its 1,000 salaried employees, and will roll out a defined contribution (DC) pension scheme for its 9,000 weekly-paid staff to comply with its auto-enrolment obligations.The ...
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Article
St Andrew’s Healthcare pilots RTI
St Andrew’s Healthcare has completed a real-time information (RTI) reporting pilot ahead of the legislation coming into effect on 6 April 2013.From this date, all employers will be legally required to report pay-as-you-earn (PAYE) in real time.The mental healthcare charity was invited by HM Revenue and Customs to participate in ...
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Article
Debbie Lovewell: Running out of time on RTI
This is an issue employers have been grappling with ahead of the introduction of real-time information (RTI) reporting on 6 April, with many concerned over payroll providers’ preparedness to deal with it.A survey of HR and payroll professionals published by PricewaterhouseCoopers in February found that one in four believed their ...
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Article
Some employees not ready for RTI deadline
But not all employers have yet made the changes needed for compliance. Ellie Gamble, associate director at Grant Thornton, said: “The preparedness of employers is widely variable.“Some have been in the pilot since day one and are saying that, after a bumpy start, they are prepared for their UK populations ...
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Article
Greater Manchester Police introduces new payroll system
Greater Manchester Police has introduced a new payroll management system to help it comply with real-time information (RTI) legislation.The iTrent cloud service, provided by MidlandHR, has a single database, which will bring the organisation’s entire human resources operation, servicing more than 11,000 employees, onto a single platform.Declan McGrath, managing director ...