Let’s talk about payroll errors..

Let’s talk about payroll errors..

One in five Brits (21%) have left jobs after being paid late or inaccurately by their employer. Avoidable? Most definitely - but how?

1. Did somebody say checklist?

It’s a fact that while processing high volumes of information, the brain has a 5% margin for error. Yet, all must be done to close the gap.

Errors often occur due to improper planning. A simple fix is to create a checklist. There are some great apps such as Evernote or Monday, but even a printed list will do. Simply highlight the job once it’s complete.

? Emails Checked

? Minimum Wage Updated

? Pension Auto Enrolment Assessment Complete

? HMRC Returns Sent

? PAYE Payments Made

Once all is done, there is nothing more satisfying than introducing your checklist to Mr Shredder.


2. Get your ducks in a row

Email, what email! Did I get an email?! Panics

You get the point - things can get misplaced. We suggest creating?a dedicated payroll folder, whether this be physical or digital. If you like a good old piece of A4, print off that email and file away. However, we’re fond of the trees and prefer keeping things digital.

TOP TIP: Set up categories in your inbox and flag emails as soon as they arrive.


3. A final check-a-roo

To check, or not to check? Shouldn’t really be a question!

It can be difficult to spot an anomaly, so we reconcile everything to the penny - and you should too.

Create yourself a spreadsheet with employee names and pay due. Simply ensure your payroll report balances back. You can perform enhanced checks such as like-for-like analysis, headcount checks, peer reviews and so on, but at the very least a simple once-over is a must to do.


Need help with developing any in-house processes? Feel free to drop us a line at Your Payroll Manager UK - [email protected]

Jodie Natasha

Empowering Business Leaders | Align with your Untapped Potential | The Inner Authority Pathway??

5 个月

I forgot to pay myself on Monday ?? I am so please I’m the only one on my payroll ! PS I was ferious and almost quit !

回复

要查看或添加评论,请登录

Austin Hilton-Ball ACIPP的更多文章

社区洞察

其他会员也浏览了