The power of payroll 2021
Payroll processing is one of the most critical HR functions and any discrepancies in it can lead to numerous problems. This is why it is important to know the ins and outs of the payroll process.
The outbreak of the Covid-19 has disrupted the way we used to live our lives, do businesses, or even, spend our money. No business was able to escape the havoc caused by the pandemic. Organisations all over the world are struggling to maintain their income stream and seek clarity as to what could represent a strong solution to cope with COVID-19’s short- to mid-term consequences (6–24 months), even from a business and employee management viewpoint.
In this whitepaper, we’ve attempted to provide some insights on how the COVID-19 outbreak has impacted various industry pay and compensation frameworks as well as how your business can thrive with the power of payroll software.
- Impact of Covid-19 on various industries’ pay and compensation frameworks
- Compliance updates 2021
- Common payroll challenges
- Advantages of a cloud-based payroll management system
- How to choose the right payroll software for your organization & much more