As the tax year draws to a close, payroll teams everywhere are gearing up for year-end processing. It’s a crucial time for businesses to ensure accuracy, compliance, and efficiency in their payroll systems, which can often be daunting to small-to-medium sized businesses – in fact, around 1 in 3 small
What is Pay on Demand (Earned Wage Access)? EWA allows employees to access a portion of their accrued wages before payday. For workers, it provides financial flexibility, reducing reliance on high-interest credit cards or payday loans. According to a 2023 survey (by the SIA), nearly 50% of UK employees have
The recruitment industry is at a pivotal moment. With the rise of the flexible workforce, agencies are navigating new challenges and opportunities. In today’s fast moving recruitment market, speed matters more than ever; especially when it comes to paying workers. For flexible workers, whether freelance, gig or temporary, payment delays
The staffing industry is no stranger to change and as we approach 2025, it’s clear that businesses need to adapt or risk falling behind. With new legislation from the Labour government and the rapid evolution of technology, staffing companies face a critical juncture: stay ahead of the curve or get
In recent years, the gig economy has become a major force in the UK labour market. From freelance designers and Uber drivers to shift workers and the temporary workforce, the gig economy is reshaping how people work and how businesses operate. But what exactly is the gig economy, and why
Zero hours contracts (ZHCs) have been a contentious topic in the UK, particularly for their implications on worker rights and job security. Understanding the rise, criticisms, and potential Labour Party reforms provides insight into what the future might hold. The rise of zero hours contracts Background and growth: Flexibility: Zero
The Employment Rights Bill, as presented in “The King’s Speech,” aims to significantly enhance the rights and protections for workers. This legislation is a crucial step towards improving the working conditions and security of employees across various sectors. Below are some additional thoughts and implications from mywage on what this
The Gen Z revolution is upon us. Known for their unmatched technological prowess and unwavering commitment to inclusion in the workplace, employers have found themselves puzzled on how to navigate the rise of these promising young adults. In this blog, we’ll delve into key aspects of Gen Z’s preferences and
In an era dominated by digital innovation, the job hunt process has undergone a profound transformation. With the advent of online job boards, applicant tracking systems, and virtual interviews, technology has revolutionised the way individuals seek employment. While these advancements have offered unparalleled convenience and efficiency, they’ve also raised important
As we stand on the brink of 2024, a new landscape of payroll and employment awaits. Regulatory changes announced in 2023 have left payroll professionals with plenty to prepare for in the new year, reminding us that there truly is no end to payroll evolution. The direct impact this has
