Payroll

For a better 2019 transform these 5 payroll challenges into New Year’s resolutions

Author: Ian Hurst — Managing Director, Paymaster People Solutions Payroll in 2018 has been a challenge. Then again, Payroll every year becomes more and more challenging as we try to keep up with all the new things being introduced. Old ways of doing things has also become more and more complicated. It seems to me [...]

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The Payroll Industry—What’s in store for 2019: A look at what we can expect from the payroll industry in 2019

Author: Matt Newnham 2018 has almost come to an end, and the Payroll and HR industry has pulled through another year. With a New Year just around the corner, one needs to ask what the future holds.  Will it be more of the same, or will some drastic shake-ups take the industry by surprise? To [...]

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How much does your payroll department cost you? — Hopefully not more than R70 per employee, per month!

Author: Ian Hurst — Managing Director, Paymaster People Solutions The past — What might the typical legacy payroll costs include? Payroll software annual licence-fee Payroll software support contract Payroll software maintenance contract Printing cost of payslips Paper cost for contracts and all other documentation Staff salaries Staff benefits Computers Licences for support software Bank transfer [...]

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Artificial intelligence (AI) for payroll & payroll functions

Author: Adrian Baillie-Stewart — Director and Content Strategist at Content Strategics (Pty) Ltd Editor’s note — This is the fourth article in the four-part series of articles published exclusively for Paymaster People Solutions. The full series of articles looks at the growing prevalence of Artificial Intelligence (AI) and its impact on the Human Resources (HR) industry. This—the [...]

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10 Steps that ensure a smooth running payroll department

Author: Ian Hurst — Managing Director, Paymaster People Solutions There is nothing worse than that sinking feeling when you’re told that there’s a $%&*#@ with your payroll. You cannot understand it — you’ve checked the payroll before it was released! You were sure that the payroll was correct! You’ve tirelessly been doing your best to [...]

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Five “must have” attributes to look for when recruiting your payroll professional

Back in the early 1980’s, when I was subjected to the recruitment process, I was asked a few basic questions such as: “Can you use a calculator?” and “Can you look up tax tables and do you know how to fill in forms?” No prior experience was required. Moreover, very little training was required. Once [...]

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From chaos to calm

So how much does Chaos cost? I am sure, like me, you have no idea. But I also know that deep down in your gut you know that bad record keeping and manual systems cost money. No proper leave records lead to additional payments when the employee leaves. People standing at your desk wanting information [...]

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Which employee-related records must I keep in order to sleep peacefully at night?

An organisation has a legislated obligation to keep employee-related records South African legislation makes it very clear that you, the employer, have an obligation to keep employee-related records. You need to make sure that the paperwork is accurate, on time, and available to your employees, to you company-representatives, and to any government representative who may [...]

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Become the centre of the Human Resource/Payroll network in your organisation

Artificial intelligence  and automation to make payroll process redundant Last week I wrote about the demise of the payroll process position. In this article, allow me to emphasise that in 5 years time, I do believe that artificial intelligence (AI) and automation will result in the position (of payroll clerk) being made redundant. Instead, this [...]

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Looking towards the distant horizon — the dedicated payroll department to possibly be ‘extinct’ within the next 5 years

At the present moment you may well be thinking that the payroll department is the centre of the corporate universe. Perhaps too, you are certain that organisations that rely on human capital, rightly consider their payroll department to be its primary axis. These days most organisations simply cannot function without their dedicated payroll administrators sitting [...]

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