SmartRecruiters, Next-Generation Technology for Hiring Without Boundaries™, has been declared a Strategic Leader for the third year in a row in Fosway Group’s recently released 2023 9-Grid™ for Talent Acquisition. The company was previously recognized as a Core Leader in 2019 and 2020. Still, this latest distinction is a testament to its sustained performance in delivering exceptional solutions that meet the complex recruitment demands of enterprise clients while facilitating the achievement of their hiring objectives.
The Fosway 9-Grid™ market analysis model for Next Generation HR, Talent, and Learning, is based on 25 years of independent research and rates providers on five dimensions: Performance, Potential, Market Presence, Total Cost of Ownership, and Future Trajectories across the market. The Fosway 9-Grid™ report for Talent Acquisition is a multi-dimensional model that enterprises use to understand the relative position of solutions and providers in the talent acquisition systems market.
Strategic Leaders in the Fosway 9-Grid™ are recognized for their ability to provide a strong suite of innovative product features designed to help enterprise-level customers achieve their hiring goals. The following factors influenced SmartRecruiters’ ranking: consistently high levels of customer satisfaction, a platform with a robust set of core features, and a proven track record of winning global enterprise deals. SmartRecruiters received its Fosway 9-Grid™ recognition by maintaining momentum in adding new enterprise customers, while also launching new modules such as onboarding, and integrating a holistic set of recruitment marketing features to bring true end-to-end capabilities to its TA Suite.
SmartRecruiters Talent Acquisition suite enables Hiring Without Boundaries by removing barriers and limits to hiring success. As a global platform, SmartRecruiters combines flexible and robust technology with world-class support and a proprietary Hiring Success Methodology designed to make sourcing, selection, hiring, and compliance easier for even the most complex organizational needs.
“We were thrilled to learn that SmartRecruiters has once again been recognized as a Strategic Leader in the Fosway 9-Grid for Talent Acquisition in 2023,” said Michael DeSimone, CEO at SmartRecruiters. “This accolade is proof of our unwavering commitment to delivering cutting-edge solutions that transform talent acquisition and deliver measurable business outcomes. I cannot stress enough how instrumental our dynamic customer base has been in this journey. Their unyielding drive to help us challenge the status quo and redefine the limits to attracting top-notch talent is what fuels our success.”
To see SmartRecruiters’ in action, request a demo here. The full 2023 Fosway 9-Grid™ for Talent Acquisition report is available to download here.
LPA, the financial markets software and advisory firm, announced the appointment of Katrin Becker-Oligmueller as Global Head of Human Resources to help drive the company’s people agenda and advance its talent strategy globally.
Katrin joins LPA with a wealth of international expertise in strategic and operational Human Resources and Talent Management, and demonstrated ability to manage and motivate people and teams. With extensive experience ranging from working at Radisson Hotel Group, Innocean Worldwide Europe and Sodexo, Katrin has worked closely with leadership teams to drive organisational transformation in fast-changing, dynamic and rapidly growing people-centric services environments.
At LPA, Katrin will be responsible for leading the company’s global Human Resources function, including hiring, retaining, training and investing in employees, as well as helping to further drive LPA’s commitment to diversity. She will be based in LPA’s headquarters in Frankfurt, Germany.
Commenting on her appointment, Katrin said: “I am thrilled to join LPA at such an exciting time for the company, and I look forward to advancing its talent strategy. The company has seen tremendous growth over recent months and years, which presents LPA with multiple opportunities to invest in people and their careers. My hands-on approach to human resources will help LPA develop its most important asset – our people.”
Peter Schurau, CEO of LPA, said: “LPA has been a leader in financial markets for over 20 years and as we continue to grow and expand our global footprint, investing in our people is fundamental for the future of the company. The leadership team at LPA has always recognised that our greatest asset is our people and, together with Katrin, we look forward to fostering a great environment for the brightest minds in our industry.”
A survey of more than 5,000 senior businesspeople across the UK has found that 85% are currently working more hours each week than they should be, with around 40% saying that they could not complete the amount of work they are given any other way. The same survey, from business software and services provider Advanced, found that only 30% of business leaders plan to prioritise recruitment in 2023.
Advanced’s 2022 annual business trends report indicates that with the boundaries between work and home life blurred by remote and hybrid working, and business leaders concerned about profitability and cashflow throughout the year ahead, the cost of living crisis is quickly becoming a wellbeing crisis for many. Despite this, the amount of businesses planning to prioritise staff wellbeing has fallen slightly since last year’s survey, down from 42% to 40%.
“Employees, managers, leaders and business owners are all feeling the pressure to make ends meet.” The report states. “This has been exacerbated by new post-Brexit trading experiences. UK businesses continue to navigate their way through the new rules and requirements of making deals with the EU from the outside, and are beginning to absorb the impact of new restrictions alongside reduced access to EU nationals in the workforce.
“Companies are doubling down on their key strategies to achieve growth and profit, and employees are at the heart of this. Staff shortages continue to be a challenge, with no sign that this will change any time soon.”
Part of the workload issue comes not from lack of staff, but from inefficiencies caused by legacy technology. Employers moving to hybrid and remote working during the pandemic have not always succeeded in ensuring that the systems and processes their teams are using are still fit for purpose now that the change has become permanent, with 60% of finance workers saying they regularly have trouble accessing work software from home, and just 20% of businesses in the finance sector having adopted Cloud-based solutions to fit with their new ways of working.
A tech skills shortage, however, is also to blame, with 41% of survey respondents across all industries saying that they currently have to outsource some or all of their IT requirements due to a lack of in-house expertise, and 87% of law firms reporting difficulties filling IT roles specifically. Interestingly, responses also showed that despite employee demand for flexible and remote working, only 21% of law firms are planning to attract better candidates by enabling flexible working.
“Employees are crying out for flexibility, about how and where they work. They want choice. They want to be empowered to be productive and to work in a way that best suits their personal preferences – however those preferences may change – while supporting the goals of the organisation.” Says Victoria Robinson, Hybrid Workforce Strategy & Culture Leader at PwC UK. “The winners in all of this will be those organisations able to take a human approach to understanding these challenges and opportunities. They can then apply the framework, technology and support needed for a more customised approach that works for different employees, while optimising their productivity and the productivity of their teams.”
Advanced’s report notes that “Technology can help with everyday timetabling challenges and support increased productivity, enabling people to get more done in their contracted working day so they don’t feel the pressure to work extra hours and risk burn-out. Businesses will need to invest in tools that support employees wherever they are based.”
Replacing manual and paper-based processes equates to an extra person for admin team
Based in Nantgarw, Cardiff, Approved Cleaning Services is on a mission to banish the ‘mop & bucket’ image of the industry. With up to 100 cleaning operatives during the summer, including temporary workers, the company strives to offer services to a consistent quality, exceeding clients’ expectations at all times.
As the business was rapidly expanding, Approved Cleaning Services’ previous system for managing its workforce and payroll was approaching end of life, no longer fit for purpose.
Operations Director, Amanda Jones reviewed the options within the market, had a demonstration of SmartTask and liked what she saw:
“Our reputation for providing a top quality service is very important to us. Increasingly, we found that manual and paper-based processes were detracting from the services we were delivering. We needed a system that would enable us to manage and monitor our workforce more efficiently, which would ensure that our staff were paid correctly for their work, and the clients received the service we promised.”
Control Room monitor shifts in real time
SmartTask is now used across the company. Cleaning operatives use the SmartTask App to sign in and out for their shifts, replacing paper timesheets which were often received late and could be subject to error.
In the control room Amanda and her team can see exactly who is working where, thanks to SmartTask’s geolocation features, and at what time operatives signed in, all in real time.
From a Duty of Care perspective, if someone has not left a site when they are expected to, particularly in the case of lone workers, the team can make a call to check that they are OK.
NFC technology streamlines on-site operations
One of Approved Cleaning Services’ specialist services is one-off site cleans, for example, construction sites and student accommodation for universities. For these types of jobs, they set up a clocking station on-site, so that temporary workers can simply scan the tag at the station to sign on for their shift.
In addition, the company is currently rolling out NFC tags across all of its regular sites, usually in the cleaning cupboard, so that staff are able to log in when they are ready to start work. At the same time, supervisors can check cleaning supplies and place orders via the SmartTask app for the control room to replenish.
Accurate hours mean correct payroll, and invoices
The electronic logging in and out has been welcomed by the majority of staff as quicker, easier and it ensures that they are paid accurately at the correct rate. Customers like it because they can see proof of attendance, which provides peace of mind that they are receiving the service they have contracted. This also means fewer queries of invoices, leading to faster settlement.
Electronic Holiday Management
SmartTask is used to manage staff holiday, replacing paper-based holiday forms. Staff use the SmartTask app to request their holiday dates. The control room can check that there is adequate cover and can give approval. The whole exchange is held within SmartTask meaning there are no lost emails or forgotten conversations, and everyone has a record of what has been agreed.
Richard Jones, Sales Director at Approved Cleaning Services commented; “Having the SmartTask system is like having an extra member of staff. It saves so much time in so many different ways, and it’s hard to imagine life without it now.
“Without a shadow of a doubt, having SmartTask has helped us to win more business. Being able to provide Proof of Attendance is a key selling point for us.”
Key Benefits
Service monitoring helps to win more business
Replacing paper timesheets saves time and reduces errors
Electronic booking on and off for shifts ensures accurate payroll
Proof of Attendance reduces invoice queries
Time saved on back-office admin is the equivalent of an extra person on the team
—
About Approved Cleaning Services
Based in Nantgarw, Cardiff, Approved Cleaning Services is on a mission to banish the ‘mop & bucket’ image of the industry. With up to 100 cleaning operatives during the summer, including temporary workers, the company strives to offer services to a consistent quality, exceeding clients’ expectations at all times.
The company’s quality management team regularly monitor client satisfaction, training programmes, security procedures & Health & Safety to ensure our quality control targets are met and exceeded.
SmartTask, is a cloud-based employee scheduling and workforce management solution. Its industry-leading features are built through feedback from hundreds of UK service providers, helping to radically improve the way service contracts are set up, rostered and managed. Customers benefit from a significant reduction in administrative time and costs – with greater operational control, performance and higher quality service delivery – that is consistently contract compliant.
The SmartTask solution is highly scalable and therefore suitable for use by owner-manager companies up to enterprise organisations with 1000s of employees.
With over 20 years’ experience, the team at SmartTask has an enviable track record of creating leading-edge, cloud-based, mobile workforce solutions and has achieved ISO27001 certification.
In May 2021 SmartTask was certified a carbon neutral business by Carbon Neutral Britain™. As well as offsetting its own carbon footprint, SmartTask made the ground-breaking move to contribute to offsetting the additional footprint generated by its customers’ IT in using the SmartTask solution – believed to be an industry-first initiative.
From its head office in Buckinghamshire, the company manages deployments across the UK and beyond and is responsible for hundreds of millions of transactions each month.
Staffing issues can cause havoc for businesses. Avanti West Coast has come under fire after announcing it is slashing timetables and suspending ticket sales due to severe staff shortages and sickness. We’ve also seen unprecedented delays at airports across the country for months now, causing havoc for travellers.
This might be on the extreme scale in terms of a scheduling mess up, and many businesses may never face such a combination of events that have led to this outcome. However, the lessons are clear. Getting staff rotas and schedules wrong can negatively affect a business both financially, reputationally and from a staff morale perspective.
Alan Price, CEO at BrightHR, says: “The first step to avoiding issues like this is to have a rota management plan in place, to monitor and record shift patterns and absences accurately.
“For any modern business to run smoothly and accurately the best solution is a software one. However we know that rising costs are hitting businesses hard, so investing in new technology may not be an option right now. At BrightHR our goal is to make things as easy as possible for employers – that’s why we are launching a new rota management tool completely free of charge.
“Many industries rely heavily on shift patterns or flexible/hybrid working and constantly changing rotas can cause headaches for many. We’ve designed this new software with them in mind, and it makes sense to offer it for free. All industries have been hit hard as people tighten their belts amid the cost-of-living crisis, nowhere more so than the travel and hospitality industry.
“BrightHR Lite will ensure that employers are never left understaffed due to avoidable scheduling issues. We hope this will help businesses run more smoothly while making managers’ lives easier as well as ensuring staff get the downtime they need.”
Kate Nicholls OBE, CEO at UK Hospitality, says: “The tens of thousands of our members’ venues across the hospitality industry know all too well how quickly staffing situations can change, requiring constant changes to the rota which can lead to confusion, mix-ups, and overlapping shifts.
“Rota management is pivotal for the functioning of a hospitality business and is one of the most important aspects of how bars, restaurants and cafes are run. BrightHR Lite makes rota management easier, by ensuring employees are constantly aware of which shifts they have been assigned and saving managers the trouble of drawing up new rotas when changes need to be made. This frees up time to focus on the many other challenging aspects of running a venue.
“Gladly, we’ve moved on from having handwritten rotas on a wall and employees having to come in/call up to find out when they are working.”
The CEO of KarbonPay, a premium global payroll software company renowned for its multi-country payroll solution announced today the acquisition of Air HR Ltd., the maker of smart HR management software. Air’s all-in-one HR platform will be rolled out to KarbonPay’s global customer base – expanding the value to all customers. This highlights KarbonPay’s efforts to solidify its position in the global HR marketplace. The acquisition will also enrich the solution available to Air’s existing customers by making KarbonPay’s award-winning payroll solution available in a seamlessly integrated way.
According to industry research expert IBISWorld, it is estimated that 52% of the UK’s HR and payroll software industry revenue is generated by small and medium enterprises (SMEs).
Founded in 2016, Air HR rolled out to the market using the hub-and-spoke software model primarily targeting small and medium sized enterprises and quickly grew its customer base of over 3,000 users across the UK. Among the features that garnered positive traction are HR people records, employee onboarding, time off management for vacation and sick leave tracking, expenses tracking and HR analytics reporting. The platform is easily accessible on the web and is priced to be accessible at £2 per person per month – aligned with KarbonPay’s target to lower the price point of solutions in the HR space and scale fast.
“Payroll is the #1 requested features by Air’s customers – but has always been too challenging for us to build into Air. Now, with this acquisition – we can finally make these features available for our users. By leveraging KarbonPay’s systems, our users will be able to perform automated calculations for payroll through their country-specific rule engines.” said Nick Holzherr, co-founder and CEO of Air “KarbonPay’s strategy to build a global platform fits really well with what we are trying to build with Air – and I’m excited how the two will work together to build a winning proposition within the HR software space.”
In recent years, the HR and payroll software industry has experienced significant technological advancements, which led the growth phase of its life cycle. A surge in product development has resulted in a demand for integrated payroll and HR solutions delivered via Software as a Service (SaaS). Cloud technology has advanced rapidly, among other factors, contributing to this trend.
Brad Price, CEO of KarbonPay said “This acquisition provides us with ample opportunity to elevate the experience we create for our customers. Nick and the team at Air have done a remarkable job building a simple-to-use, beautiful platform – it’s now our charge to take that good work and expand the product’s offerings and reach with our global solution.”
About Air HR
Air HR is a software company that provides all the HR essentials in one safe central location and automates processes to allow businesses to stay compliant while operating quickly. The business was founded in 2016 and has been running profitably since 2017.
About KarbonPay
KarbonPay was founded in 2019 with the mission of solving global payroll challenges. Having brought together a team of domain experts, KarbonPay has completed 2 acquisitions and serves thousands of employees in 24 countries.
Time is money when it comes to running a business. It can take just one misplaced hour to derail a lot of hard work, something that can often happen when you have to manage a large number of employees.
Your business should have a reliable human resources department to help you manage your employees effectively; however, this is a monumental task. Thankfully, there is software available that can assist with some of the smaller, time management tasks of your HR department. So, what can it do?
Holiday Time
The HR software available from Factorial HR provides your human resources staff with an interactive database that allows them to check the whereabouts of each staff member with the click of a button. This software is useful for tracking employee progress, but it can also tell you when they aren’t in the building.
Every employee is entitled to holiday time, and trying to chase up employees that aren’t in the office is a poor use of your human resources teams’ time. With the best HR software in the UK from Factorial, they can quickly check the staff database to find out who is on holiday and when their break ends. What’s more, you can also set a reminder for when they return.
Sick Days
As with holiday time, your employees expect to receive a few days of sick leave each year. Becoming ill is an eventuality, and you do not want poorly staff coming into the office. A sick day is an entirely unpredictable occurrence, and your human resource team is likely going to be the first to hear of any staff absences.
With HR software, they can put the absence into the database so that anyone can check to see if the employee is in the building. This approach will save you so much time looking for employees that are unfortunately unavailable.
Time Sheets
An HR software database holds all kinds of information about your employees. It can tell you their job role, what projects they are currently working on, and what department they are in. Most importantly, it can inform you about what hours they work.
Not every project can fit into the nine-to-five time frame that we are all accustomed to, and this can lead to confusion among management staff. HR software will allow you to check whether or not a staff member is in the building, and also when they are expected to arrive. You can use this information to automatically calculate the number of hours they have worked, too, speeding up the monthly payment procedure.
Summary
It seems that it would be easier to list the things that Factorials HR software cannot do, rather than all of the ways it can help you. These are just some examples of how this software can help you save time during the business day, and there are plenty more applications that are yet to be discussed. Therefore, HR software can be beneficial to any business.
Personio, Europe’s leading HR software company for small and mid-sized businesses, has today announced the creation of Personio Foundation, an independent and not-for-profit organization offering financial and business support to NGOs and social enterprises. The Foundation will focus on education and climate action, two of the most pressing issues facing the world today, with Covid-19 having wiped out 20 years worth of education gains, and climate change goals significantly below target.
Personio Foundation is based on a commitment made when Personio was created to set aside 1% of the company’s equity for good causes. This 1% stake is currently worth $63 million and will continue to grow until an IPO. An additional $3 million in cash donations from Personio’s founders, investors and the company itself will drive immediate progress.
The founders of Personio – Hanno Renner (CEO), Roman Schumacher (CPO), Arseniy Vershinin (CTO) and Jonas Rieke (COO) – will be closely involved in strategy and are advised by Nicola Crosta, founder of Impact46, former United Nations official and a recognised expert in foundation management. Day-to-day operations will be managed by dedicated staff, bolstered by expertise from Personio employees on secondment, while selection of grantees will take place via a robust screening process supported by external consultants.
Hanno Renner, Co-founder of Personio and Chairman of the Foundation, said:“The Covid-19 crisis has significantly increased educational inequality around the world and we are the last generation that can change the course of climate change. Personio Foundation will help to drive change in these vital areas that require immediate action and are close to the hearts of employees and founders.”
“We want to live up to our core value of ‘Social Responsibility’ that has been an important part of our business since day one. We are grateful that the hard work of the entire team at Personio, the trust of our customers and the continued support of our investors has put us in the position to launch Personio Foundation.”
Based in Europe but open to worldwide applications, Personio Foundation will offer financial and non-financial support via two flagship programs. Grantees in the Impact Portfolio will receive unrestricted financial grants and collaborative mentoring. The Impact Accelerator addresses a key challenge for the sector by providing knowledge and HR advice to help social purpose organizations grow their biggest asset – their people.
The first group of grantees will be directly sourced and selected by the Foundation’s team. Applications will be assessed based on ten criteria covering the robustness of each organization and its potential impact. Later in 2022, a global call for proposals will launch through the Foundation’s website and social media.
The launch of Personio Foundation is the latest in a number of initiatives by Personio to give back to society. Recently Personio.org was launched to offer improved access to its HR services for organizations such as NGOs, universities and public sector employers. This includes discounted pricing for organizations with non-profit / charitable status to support the sector beyond the organizations that will directly benefit from Personio Foundation.
Hanno Renner continued: “We already serve hundreds of organizations that operate in the education, nonprofit and public sectors, and are always considering how we can help them maximise their impact. Personio.org makes our services even more accessible for organizations that work for the good of society and supports our mission to democratize HR software.”
Workforce technology startup Sona has raised a $2.2 million (£1.6m) pre-seed round to accelerate the development and adoption of its app for employees that don’t typically work at a desk.
The round was led by early stage specialist venture capital firm Speedinvest, with participation from experienced angel investors including Andy Leaver from Notion Capital, Lorenzo Franzi from Flash Ventures and several partners from Novator Partners LLP.
Founded by serial entrepreneurs Ben Dixon, Oli Johnson and Steffen Wulff Petersen, the company’s mission is to put technology in the hands of frontline staff that transforms the way they manage their work and engage with their employer.
Many day-to-day people management tasks in sectors like healthcare, retail and hospitality and leisure are still either paper-based or haven’t been fully digitised. These manual processes are a daily source of lost productivity and frustration for employees and place a huge administrative strain on HR departments and site managers.
By putting features including live schedule view, shift and holiday booking, and team messaging into a dedicated mobile app, Sona takes the friction out of these processes. Making these common tasks extremely easy and convenient for employees to complete autonomously so they feel more empowered and valued at work. Then, as more workflows can be automated, managers are freed up to focus on mission critical work.
The platform has been developed and deployed in partnership with a range of founder customers across the care, retail and voluntary sectors, including Colten Care and MHI UK (Shout 85258) ahead of a full product launch next month.
Markus Lang, Partner at Speedinvest, said: “When a world class team of repeat founders builds a well differentiated product in a huge, under-digitized market, it’s a no brainer to partner with them. We’re beyond excited to be on board and look forward to supporting them in building a category leader.”
Sona Co-founder Oli Johnson added: “80% of us don’t work at desks, but technology for deskless workers only attracts 1% of all enterprise software investment. On top of that, the software that is available is for companies to manage their frontline workforces. Hardly anything has been specifically designed to benefit the frontline. We started Sona because we want every frontline employee to feel valued and have more flexibility and control at work. We’ve seen first hand how the right technology can be a huge lever to achieve that. We couldn’t be more grateful for the support we’ve had from an amazing group of investors, customers and team members who share our vision and our excitement for the opportunity that lies ahead.”
About Sona: Sona’s mission is to put technology in the hands of frontline staff that transforms how they manage their work and engage with their employer. Designed for the specific needs of modern frontline workplaces, Sona’s employee app combines powerful productivity tools with a sleek, simple and intuitive user experience. Features include live schedule view, absence management, instant messaging, and Open Shifts, an innovative shift booking platform matching shift vacancies with employees willing to take on more hours. Trailblazing organisations across health and social care, retail, and the third sector are revolutionising the way they manage, engage and retain their staff. sona.is
About Speedinvest: Speedinvest is a European venture capital fund with more than €400M AUM and 40 investors working from Berlin, London, Munich, Paris, Vienna and San Francisco. Employing a focused investment team structure, we fund innovative early-stage technology startups in the areas of Deep Tech, Fintech, Industrial Tech, Network Effects, Digital Health and Subscriptions. Speedinvest actively deploys its global network and in-house Platform+ operational experts to support our portfolio of nearly 200 companies, including with US market expansion. speedinvest.com
A new payroll app called PayCaptain has been launched to put employees in control of their pay including tools and guidance for financial wellness.
PayCaptain, which has been piloted since the summer, also helps employers innovate with the latest technology and banking. It combines payroll, banking and wellness tools, allowing employers to support and empower their employees to take control of their finances to achieve greater financial wellbeing. It enables companies to be more strategic and creative in rewarding and paying their employees.
Yapster, the workplace messaging app, goes live this month with PayCaptain. Rob Liddiard, CEO of Yapster, said: “We’re excited by PayCaptain’s vision to turn pay from a functional, routine process into a driver of empowerment and engagement. PayCaptain will run as a “Yapplication” within our own app, so that soon all Yapster users will be able to plan income and spending, work with PayCaptain’s banking services and get financial guidance easily”.
PayCaptain supports employees in a unique way. It has a personalised education feature to build financial resilience as well as smart AI chatbots to guide employees about their payslip. Any queries that can’t be helped by AI are seamlessly transferred to a company-branded payroll team. An employees’ earnings can be split between multiple bank accounts, perhaps to cover savings, bills and day to day living. PayCaptain Personal and Savings Accounts can also be opened from the app and company-branded Visa debit cards can be issued. It has a Money Planning Tool to plan income and spending in one place, plus employees can access accrued earnings for free with a pre-planned automatic weekly advance of up to £200 a week.
For employers, PayCaptain has compliance and resilience at its core. It combines payroll, banking capabilities and wellness tools, allowing employers to support and empower their employees to take control of their finances. It embraces open banking, modern messaging and faster payments – removing the need for BACS. PayCaptain is an automated payroll process and outsourced payroll bureau service which can replace or enhance legacy payroll and payment processing systems. It allows the complete payroll process to be on brand and aligned with company values.
Simon Bocca, CEO and Founder of PayCaptain, explained:
“PayCaptain has been developed with the latest technologies to radically improve the payroll process for employers and employees. It puts employees in control of their pay which supports financial wellbeing and reduces the negative effects of financial stress in the workplace. Almost eight in ten UK employees take their money worries to work, affecting their performance, according to the Close Brothers Financial Wellbeing Index so it’s no surprise that the negative effects of financial stress can impact the employer too.
“Payroll is such an important part of peoples’ lives, yet employers and employees have been using the same payroll mechanics for years. Legacy technology isn’t good enough for today’s needs. We want to give people control over the money they earn, creating a way for payroll to be on-company brand and in line with their values, just like so many other elements of the employee experience.”
Stuart Hall, non-executive director of both PayCaptain and The Chartered Institute of Payroll Professionals, said:
“PayCaptain is breaking the payroll trend, introducing new ideas and ways forward that haven’t been seen before. It not only means employers can simply keep up with legislative changes, it will elevate the payroll process. Indeed, it means payroll people can help the financial wellbeing of employees too. Payroll professionals have been looking for new processes for years and PayCaptain is ready to challenge the market.
“PayCaptain means the experience of paying people and getting paid has dramatically improved.”
