Latest Payroll Articles & News | CPS Payroll Solutions

Published On - 17th November 2021

CPS PayrollTags: minimum wage vs the living wage

Understanding The Minimum Wage Vs The Living Wage

Do you know the differences between the minimum wage vs the living wage? With headlines talking about minimum wages, national living wages, and real living wages, it can get confusing. The National Minimum Wage was introduced in 1999 with the higher minimum wage for 25-year-olds and upwards becoming...

Published On - 8th November 2021

CPS PayrollTags: Payroll solutions for large companies

What Should You Consider When Looking At Payroll Software For Large Companies?

Payroll solutions for large companies are becoming increasingly in demand as organisations explore the options available to them to improve their payroll processes. There are many reasons why they might be thinking about this. It might be to improve overall performance and accuracy. It might be to h...

Published On - 22nd October 2021

CPS PayrollTags: What Is A Payroll Process?

What Is A Payroll Process?

Exactly what is a payroll process? The very short answer is that a payroll process is a cycle that takes place to ensure employees are paid correctly and on time, and in line with all legislative requirements, by the employer. It involves making sure that all deductions are calculated correctly with...

Published On - 23rd September 2021

CPS PayrollTags: payroll facts

Exploring 9 Payroll Facts: From Legal Mandates to Industry Insights

Lots of payroll facts were being shared during last month’s National Payroll Week celebrations so we felt inspired to put together a few of our own. They’re mostly about modern day payroll although a few historical ones made it in too! Some you might already know but some you might not so here a...

Published On - 20th September 2021

CPS PayrollTags: Payroll Mistakes

Six Ways Payroll Mistakes Can Cause Problems For Your Company

Employees rely on their employers to pay them correctly and on time. When that doesn’t happen, it can at the very least cause annoyance. But the consequences could go well beyond that, leading to more serious repercussions both for the employees involved and for your business too. Here are six way...

Published On - 20th August 2021

CPS PayrollTags: outsourced payroll

Six Key Areas to Consider When Outsourcing Payroll

Knowing exactly what to consider when outsourcing payroll can feel like quite a challenge. There are undoubtedly many benefits to outsourcing a payroll: not only will a company have the reassurance of knowing this critical business function is being handled by highly experienced professionals, but i...

Published On - 13th August 2021

CPS PayrollTags: history of payroll

From 7000 BC To Today – A Very Brief History Of Payroll

We’re heading towards National Payroll Week which, as the name suggests, is an annual celebration of all things payroll. As it’s taking place next month, we thought it would be a good opportunity to take a brief look back at the history of payroll. Where did the concept of payroll come from? And...

Published On - 15th June 2021

CPS PayrollTags: Payroll Fraud

What Is Payroll Fraud And How Do You Prevent It?

This article from NatWest reports that fraud costs UK businesses around £190 million annually with about 40% of that figure due to employee fraud, including payroll fraud. Payroll fraud basically involves the theft of business funds via the payroll processing system. In the majority of instances th...

Published On - 21st May 2021

CPS HR Software, PayrollTags: HR, Line Managers, Payroll System

Six Ways Payroll And HR Software Make Life Easier For Your Line Managers

Being a line manager is pretty demanding. The range of challenges they often find themselves dealing with is broad: engaging and motivating employees, acting as coach and mentor, dealing with underperforming team members, handling sickness and absence issues, managing any interpersonal problems that...

Published On - 22nd March 2021

CPS HR Software, PayrollTags: Real Living Wage

Should Your Company Adopt The Real Living Wage Standard?

The National Living Wage and National Minimum Wage rates are increasing from 1st April 2021. Workers aged 23 and over will be eligible for the National Living Wage of £8.91/ hour. For those aged 21-22, the national minimum rate is increasing to £8.36 an hour with increases to the minimum developm...

Category Archives: Payroll

Understanding The Minimum Wage Vs The Living Wage

What Should You Consider When Looking At Payroll Software For Large Companies?

What Is A Payroll Process?

Exploring 9 Payroll Facts: From Legal Mandates to Industry Insights

Six Ways Payroll Mistakes Can Cause Problems For Your Company

Six Key Areas to Consider When Outsourcing Payroll

From 7000 BC To Today – A Very Brief History Of Payroll

What Is Payroll Fraud And How Do You Prevent It?

Six Ways Payroll And HR Software Make Life Easier For Your Line Managers

Should Your Company Adopt The Real Living Wage Standard?

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