Professional November 2021

Professional November 2021

in Payroll, Pensions & Reward Payroll’s practical role in delivering employee rewards and well-being PROFESSI NAL Issue 75 November 2021 Official publication of The Chartered Institute of Payroll Professionals

The future of payroll The profession that never stands still

A new health and social care levy What we know so far…

Autumn Budget 2021 A report for payrollers, wri&en by payrollers

CIPP UPDATE POLICY HUB PERSONAL DEVELOPMENT

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“People work for money but go the extra mile for recognition, praise and rewards.” Dale Carnegie

Editor’s comment Recent figures released by the Office for National Statistics (ONS) show that post- pandemic vacancies are on the increase and that the competition for staff is fierce. Employers will need to ensure they are not just

others will be permanently working from home. To maintain a happy workforce, it will be essential for organisations to address the concerns of workers in all types of arrangement, and to act upon them accordingly. I hope you enjoy the November issue of Professional . Make sure you don’t miss out on the update on the health and social care levy, which can be located on page 50. I will see you next in the special Christmas issue of the magazine.

offering attractive base salary rates, but also a wide range of rewards and benefits if they are to both attract and retain the best staff. The pandemic has also shone a light on the importance of employee well-being and raised moral and ethical considerations around the extent to which employers should be responsible for this. Individuals who have been working from home for a period of eighteen months are being asked to return to offices and places of work, some will be adopting a hybrid working approach, whilst

Lora Murphy ACIPP ([email protected]) Editor

Chair’s message

This month, the magazine explores how employee well-being links to reward and payroll’s practical role in ensuring rewards and well-being are delivered and promoted. From a financial reward perspective, this covers

The organisation’s reward strategy should be reviewed, or one implemented to reflect its culture, purpose and values. As payroll have access to financial pay >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

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