Payroll News

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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Performance management systems — Why everyone needs one

Author: Ian Hurst — Managing Director, Paymaster People Solutions Key question: Why would my organisation need a performance management system? Key answer: 5 reasons It’s a great way of retaining staff. It’s a great way of compelling people to talk about their performance. It’s a structured way to give feedback on values and behaviours. It [...]

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Self-evaluation: Does your organisation’s payroll comply with international best-practice? 5 key areas to assess

Author: Ian Hurst — Managing Director, Paymaster People Solutions Before we attend to the issue of how to conduct the self-evaluation, let’s be clear on one thing: every organisation is different. Organisations have different needs and expectations of their payroll. Organisations allocate their human resources, finance and payroll responsibilities in many different ways. Consequently, be [...]

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Long hours of frustration led me on a quest to eliminate frustrations forever!

Author: Ian Hurst — Managing Director, Paymaster People Solutions Throughout the lifespan of my business I have witnessed excellent growth. This growth continues. A particular aspect involving many hours of frustration though, led me on a quest to avoid my clients having to endure similar frustrating experiences. The frustration centered around the fact that I [...]

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Minimum wage decisions—Ignoring them will not make them go away

Author: Ian Hurst — Managing Director, Paymaster People Solutions The minimum wage will be introduced on the 1 May 2018. The minimum wage will be set at R20 per hour. This means that an employee who works a 40-hour week will earn R800 per week, which equates to R3500 per month. (Calculation: R800 multiplied by [...]

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Employee self-service—The new normal

Author: Ian Hurst — Managing Director, Paymaster People Solutions Employee self-service Employee self-service (ESS) in its most basic form, is the ability for employees to apply for leave, collect their payslips and manage their own employee-data details. Employees can log in via a secure virtual private network (VPN) or a secure website in order to [...]

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Company funded removals and transfers — What may I claim as tax free reimbursement?

Author: Ian Hurst — Managing Director, Paymaster People Solutions Consider the following scenario: Your company requires you to relocate to another town. They present you with an offer and you accept the decision to move. All your transfer costs and related expenses will be covered in full, by the company. But, did you know that [...]

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Bursaries — A way to assist your employees and their children with obtaining an education

Author: Ian Hurst — Managing Director, Paymaster People Solutions In South Africa, where access to affordable education remains a huge challenge for many, progressive companies that facilitate access to education (for its employees and their children) certainly do make a meaningful contribution to the socio-economic development of South African society. Accordingly, did you know that [...]

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Announcing Paymaster’s new onboarding convenience: Automated importing of job-seeker biographical information

Author: Ian Hurst — Managing Director, Paymaster People Solutions Don’t you just love technology? At Paymaster People Solutions, we certainly do. We are constantly looking to implement additions to our integrated payroll software that promises to make your lives easier. Automation-enhancement to various payroll processes saves time, improves accuracy and streamlines operational efficiencies in the [...]

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What do your employees think? Fostering great employee-relations using online-surveys

Author: Ian Hurst — Managing Director, Paymaster People Solutions Consider this scenario... …The phone rings in your office and one of your employees answers the incoming call. The client on the other end of the line is an important client.  You need that client to build your business. Have you considered this though: do you [...]

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