dataplan payroll services

A Post-Election Payroll Solution

A Post-Election Payroll Solution
Alison Clynes
Written by
Tuesday, 11 May 2010 23:00

Any new government wants to change things, correct perceived mistakes and to make improvements. In the current challenging economic times the government steering the UK through 2010 and beyond will be making radical changes in financial areas to bring the country into prosperity again. There will be a raft of new legislation on taxation and National Insurance, pensions, and savings. Changes may also come in employment law, entitlements to redundancy settlements, payments for maternity/paternity leave, and sick pay, making payroll solutions a necessity. To get more people back into work, there could be financial incentives for part-time and temporary work, apprenticeship schemes and internships. The national workforce will probably become larger and more complex. Payroll services administrators will have difficulty keeping abreast of incoming legal and financial requirements.

Stressful times loom for large and small businesses alike. A big organisation, whether a multinational company or a public sector service, must administer new arrangements on a large scale because of their high-volume workforces, and the possibility that legal changes may be specifically targeted at them. Meanwhile small businesses, with staff already pared to the bone to survive the recession, may find their small (or even single-person) wages departments struggling to cope with the new, more complicated workload. For both, much time will be spent learning the new regulations. Extra wages personnel may prove necessary, but unaffordable.

One simple and cost-effective, solution would be to hire payroll outsourcing services. At Dataplan Payroll, we have dedicated professionals who track legislative changes and can apply them immediately as payroll solutions, leaving clients free to concentrate on core activities.

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