National insurance is made up of two different elements. The first is the employee’s contribution, which is taken from the employee’s pay and the second is the contribution which is made by the employer.
Statutory sick pay can be a confusing topic for employees and if working in payroll, you can expect to be asked about it on a regular basis.
The minimum wage rate is the minimum hourly rate you can pay an employee, regardless of the size of the company. The minimum wage is regularly changed and adjustments need to be made to take these changes.
Automatic enrolment means that every employer must automatically enroll workers into a workplace pension scheme if they meet certain criteria.
Shared Parental Leave (SPL) came into effect on 15 April 2015 in the UK. It is a new legal entitlement for eligible parents of newly born and/or newly adopted children.
We thought it would be useful to draw some comparisons between minimum wage rates currently paid in some of the largest economies, worldwide.
But what are these most recent positive changes? And how do they benefit both workers and employers? These are the questions this article seeks to answer.
In this article we’ll take a look at what the changes involve and how they affect both employees and employers.
Fraud Barometer Report noted the amount of money lost through payroll fraud rose to £6.3 million during 2014, up from £1.2 million the year before.
This article is going to seek to unearth the main things that are having an influence on the changing attitudes regarding pensions and savings among the working public.