National Payroll Week 2020

National Payroll Week 2020

Chris Tuckerman Payroll & Benefits, Payroll

It brings me great pleasure to congratulate the many payroll professionals within my network as we celebrate National Payroll Week 2020. This year it seems more important than ever to recognise the nations payroll community, who during a period of such financial uncertainty and continual change have ensured that employees across the globe have been paid accurately and on time.

Statistics show that more than a third of all UK payroll teams have been put under extreme pressure due to the COVID-19 crisis, with industries such a Retail, Hospitality, Travel and Charities being some of the most effected sectors. As we seem to be regaining some level of normality in both our personal and professional lives, we continue see payroll professionals working tirelessly to navigate their way through incredibly complex and continually changing new pieces of legislation, in order to support business of all sizes to adopt the governments job retention scheme.

Where we have seen other areas of HR being heavily impacted with reduced headcount, team restructures and redundancies, the Payroll market has remained stable throughout the pandemic, owing to their new key worker status and often being recognised as the unsung heroes of many HR and Finance functions.  As 2020 draws to a close, I am pleased to say we have seen an increased number in contract and interim hires across all sectors and levels, but even more promising, the go live of many international payroll harmonisation projects that were put on hold due to the outbreak.

If you’re a HR or Payroll Manager hiring into your team with a permanent or interim position then myself and the payroll team at Frazer Jones are here to help. Likewise, if you’re a payroll specialists hiring into your HR team feel free to reach out and contact a member of the Frazer Jones payroll team