Then, almost overnight, things changed with the stay-at-home directive. Even previously reluctant companies had to embrace home working, as many industries entered a do or die environment.
Many staff felt the benefits and convenience of this. The recouped time and expenses previously spent on commuting helped address the work-life balance that many desired – spending more time with loved ones and enjoying some increased saved income.
With these present time and cost savings and conveniences in mind, it’s little wonder that people want ongoing flexibility in the workplace. For many, the last 18 months have proven that working from home can be sustainable, with meetings and collaboration, in general, being made possible through cloud technology.
In a recent survey, 47% of UK staff suggested they may quit their jobs if their employer does not offer flexible working in the future. 80% would also like flexibility with physical locations and working hours. These findings are also supported by Gartner which states that if an organisation were to go back to a fully on-site arrangement, it would risk losing up to 39% of its workforce.
Is payroll suitable for flexible working arrangement?
Whereas some functions are well suited to flexible working arrangement, some are deemed high risk, especially where confidential and sensitive material (data) handling is involved. Anything with repercussions that could breach regulations, damage an organisation’s reputation, , staff credibility or bring severe legal consequences should be reviewed subjectively.
In a survey of Payroll & HR managers earlier this year, 94% of those surveyed admitted to having trouble processing payroll, and 37% claimed that the payroll demands diverted them from critical tasks.
Payroll and HR Outsourcing can remove the concerns many have regarding internal payroll and HR teams because it is controlled by professionals and focus solely on your payroll. Throughout their business, they will have numerous experts on hand, zero resource shortages and worries, legislation changes managed, payroll flows effortlessly into your employees’ bank accounts accuratelyand on-time and also supported with full government reporting to stay compliant. The true sense of ‘future-proofing payroll’ arguably lies in outsourcing it.
It is important to remember that payroll is not your core business function unless you are a payroll outsourcing company. It is also often complex, depending on the various countries involved, size of the organisation and the nature of the industry. Due to the implications of payroll going wrong and the consequences of putting it right, it is an area many find concerning and are mindful of.
We believe that reliable payroll is essential and should run smoothly, accurately and efficiently. Many more companies agree with us, and they act upon this by engaging with Zalaris as their payroll experts.
At Zalaris, we pride ourselves on saving our customers 20-30% of their previous payroll run cost, so not only are you future-proofing payroll, you are also drastically reducing your bottom-line cost too.
Zalaris simplify HR and payroll administration, and empower you with useful information so that you can invest more in people. We are a leading service provider of Human Capital Management (HCM) solutions across Europe, serving more than 1.5 million employees monthly with an annual revenue of 78 million Euros (2020). We hold #1 or #2 positions in most of our markets. Our consultants have more than 21 years of experience in transforming HR with our clients. Simplify work life. Achieve more. For more information about us, go to zalaris.com.