Electronic payslips, makes sense?

  Since the GDPR (General Data Protection Regulation) has standardized the data protection law, the electronic or e-pay slips have benefited the companies in the major ways. Yes, definitely these e-pay slips make sense to the companies by providing a GDPR compliant way of handling the employee’s pay data.  It is because of these electronic pay slips that data protection, as well as management, have found an easy and safe way. Apart from being an easily readable format, these payslips [...]

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GDPR implications and solutions for Accountants and Payroll Processors

The EU’s General Data Protection Regulation (GDPR), which will be implemented in the UK in May 2018, updates the provisions of the Data Protection Act 1998 (DPA). The changes place greater obligations on organisations, with potential fines for breaches as high as €20 million or 4% of global turnover. Organisations need to act now to prepare for the potential changes to their systems and procedures. Fortunately, a good payroll software can help with simple and basic procedures to stay compliant: Privacy [...]

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Automatic enrolment

Re-enrolment Every three years you must put certain staff back into a pension scheme. This is called ‘re-enrolment’. Your re-enrolment duties must be carried out approximately three years after your automatic enrolment staging date. Your duties will vary depending on whether you identify that you have staff to re-enrol, or whether you have no staff to re-enrol. Either way, you will need to complete a re-declaration of compliance to tell us how you have met your duties.   What happens if I don’t [...]

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