Payroll Outsourcing, Employee Retention and Business Growth

As the economy starts to recover, we can look at practical ways your business can increase its focus on growth including staff retention.

Few people’s dream of starting a business included spending valuable hours dealing with payroll queries and processing!

Fear of redundancies among employees across the UK continues to decrease, with a record number of individuals currently in work.

But what does this mean for the employer? The pressure is on to create effective retention plans to ensure the employee feels valued and cared for.

Payroll has a key role to play in any employee retention plan. However, with payroll getting more complex with new legislation, such as RTI and auto-enrolment, it’s clear that payroll is much more than simply pressing a button at the end of each month.

So could there be an alternative, even for a SME?

The Benefits of a Payroll Service Provider

So what is the role of the third party outsource provider in this increasingly complex payroll environment?

FMP Global work with organisations from all sectors to ensure their payroll is processed accurately and on time, so they know all there is to know about payroll outsourcing and how to make it work for you.

Do you want to?

  • Learn more about the new legislation like auto-enrolment and RTI, and how this affects your organisation.
  • Ascertain how outsourcing payroll can fit in with your current HR system.
  • Understand the benefits to employee retention that could be gained by employing a payroll services provider.

Then click here and download the eBook ‘Payroll Services – Where to draw the line?’

 

 

More information on payroll services and software can be found in the ABDO Business Support Hub here.