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Professional April 2019

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Official publication of The Chartered Institute of Payroll Professionals

in Payroll, Pensions & Reward

Issue 49 April 2019

Payroll software implementation

Anti-money laundering Enables protection

Taking steps to drive digital Focuses on strategy

Flexible paydays Empowers payees

CIPP update | Policy hub | Career development

TRUST Frontier Software with your payroll

processing Accurate, secure and reliable

0845 370 3210 [email protected] www.frontiersoftware.com

OFFICES IN AUSTRALIA, INDIA, MALAYSIA, NEW ZEALAND, PHILIPPINES, SINGAPORE AND UNITED KINGDOM

“Implementation is the sincerest form of flattery.” L Peter Deutsch (1946–)

Editor’s comment

Do you vividly recall your first time implementing a payroll system,

requirement from this month to report on payslips hours worked has meant new systems, software, policies and procedures being introduced? For some employers and, of course, payroll service/product suppliers this will have been – and perhaps continues to be – a significant concern and challenge. Quite what will be the outcome for employers of this new reporting requirement is uncertain. I am pleased that a new regular column on pensions, supplied by Aries Insight, starts this issue (page 31). The first topic is about the law on individuals who have gone missing.

and the accompanying excitement, uncertainties, and concerns? My first time occurred in the early 1970s when British Rail rolled out its national payroll

I hope you all enjoyed the winning the war for talent article in last month’s edition. This month’s feature is on systems rather than people. Many of you may be thinking about systems at this time of year. Is there need for a review of how inter-connected your systems are and whether the current system will be fit for future years considering the demands of the business plan? Key aspects of any system implementation being successful, just like most projects in life, are that planning and preparation make all the difference. Setting out early what your requirements are for going live with the new system, what tolerances you are prepared to accept and what you will not, are key to avoiding unnecessary conflict when the pressure builds for agreeing to move systems. If you routinely collect or verify >Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 28 Page 29 Page 30 Page 31 Page 32 Page 33 Page 34 Page 35 Page 36 Page 37 Page 38 Page 39 Page 40 Page 41 Page 42 Page 43 Page 44 Page 45 Page 46 Page 47 Page 48 Page 49 Page 50 Page 51 Page 52 Page 53 Page 54 Page 55 Page 56 Page 57 Page 58

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