
Payroll SOPs: the key to compliance, accuracy and efficiency
The SOP provides a detailed snapshot of your payroll process, guiding the payroll team through the entire operation and ensuring a smooth and efficient process.
The SOP provides a detailed snapshot of your payroll process, guiding the payroll team through the entire operation and ensuring a smooth and efficient process.
The lingering effects of the global pandemic and the changing phases of lives means that priorities are changing. People may value certain benefits over others. As a result, employers have begun to reevaluate their priorities towards employee benefits management as a way to attract and retain talent.
With increasing conversations around driving economic growth in the current challenging economic climate, business leaders have been investing in the development of a high-potential workforce supported by a competitive rewards strategy to accelerate the growth of an organisation.
The ongoing war for talent is drawing the attention of business leaders to the issue of business continuity as employees are leaving their jobs at record rates. Understanding what employees want is critical to knowing how to retain them.
One of the key reasons why some projects fail is not because of the tools or the processes. It’s often the people that are the hardest to manage. Earlier, we discussed enterprise agility and how to turn common challenges around people and culture, the work itself and outcomes, into opportunities.
Agility (the ability to move quickly and nimbly) is clearly not a luxury in today’s ever changing VUCA (Vulnerable, Uncertain, Complex, Ambiguous) world but an essential for survival. Organisations do not win because they are Agile but they can lose because they lack agility.
Ever wondered, how certain organisations scale up so quickly? How do organisations with thousands of people adapt to changing market conditions? And what are the common attributes of successful organisations that lead to market disruptions? Understanding the concept of 'Agility' may be a good start.