A people revolution is taking place in the most unlikely of places – payroll. Once considered a basic back-office function, technology has transformed how employees are paid, offering a more personalised service, and allowing them to manage their own finances more effectively.
A more open, self-service payroll system can offer smoother onboarding, more flexible pay options and the ability to view earnings in real-time, all of which can help improve employee engagement from day one. Built-in financial wellbeing initiatives can also have a hugely positive effect on employees’ mental health, and payroll can help circumvent individual problems on a customised basis.
As the cost-of-living crisis deepens and employers continue to struggle with recruitment and retention, it’s never been a better time to unlock payroll’s hidden value. Read this People Management Insight report, produced in partnership with SD Worx, as we explore how to turn payroll into a vibrant function that can engage employees and provide financial support throughout their working lives.
Read this report to find out how modernising the payroll function can transform employee wellbeing, retention and engagement.
Payroll’s people revolution