Ensuring You Get Paid: National Payroll Week!
It’s National Payroll Week, a time to recognise and celebrate the unsung heroes behind every payslip! At T2M Resourcing, we’re celebrating payroll professionals who work tirelessly to ensure we all get paid correctly and on time.
Let’s dive into what makes this week special and why payroll is crucial for businesses and employees alike!
National Payroll Week was established in the UK in 1998 by the Chartered Institute of Payroll Professionals (CIPP). It’s a week dedicated to congratulating the hard work of payroll specialists whilst showing people all the hard work that they do, from understanding your payslip to increasing your financial literacy overall.
We wanted to take time to appreciate and say thank you to Payroll Specialists, getting paid wouldn’t be possible without the people who make it happen!
Payroll is one of the largest expenditures in organisations across the UK, so it’s definitely worthwhile having its own week to draw attention to it.
Payroll professionals are vital not only for ensuring you’re paid on time, but also play a vital role in maintaining compliance with complex tax laws, labour regulations, and pension schemes. Their expertise in navigating these complexities ensures that businesses avoid costly fines and penalties, protecting both the company and its employees.
Payroll specialists are problem-solvers who handle unexpected challenges like data discrepancies, software issues, and unique employee situations. Their resilience and dedication ensure that payroll processes run smoothly, regardless of the circumstances.
National Payroll Week also provides us with an opportunity to promote financial literacy. Payroll teams help employees understand their payslips, deductions, and benefits, empowering them to make informed financial decisions. This knowledge contributes to overall financial well-being.
Whether you’re aware of it or not, the payroll function has a significant impact on employee experience. Timely and accurate payroll significantly contributes to a positive employee experience – after all, the main motivator behind going to work in the first place is to be compensated for it! A well-managed payroll system reduces stress and financial anxiety, helping employees feel valued and motivated.
At T2M Resourcing, we’re passionate about finding candidates jobs they’re passionate about in companies they’ll love. We do this while also making sure that clients have candidates of the best fit to help them reach their organisational goals.
If you’re looking for a new challenge (whether that’s in Payroll or not!), keep an eye out on our vacancies!