Managing payroll involves more than just paying employees. There's a lot that needs to be done before the payroll can be processed and it is a meticulous and often complex scenario that demands constant attention – one of the main reasons it's best left to the experts and why many companies are opting for the outsource option, says Ian McAlister, General Manager, CRS Technologies.
People in various organisational functions and departments have had to work better together over the past few years. This has put renewed focus on how effectively human resources and payroll integrate. Ian McAlister, General Manager at CRS Technologies, examines how human resources should work closely with payroll if companies are to remain effective.
The South African payroll administration industry has matured. With the offer of more technology, access to skills sets and improved levels of control, decision makers in business have several options available to them in terms of how they want to manage mission critical business disciplines including payroll.
Most Popular Articles Today
Where businesses and other organisations are unable to get work done by robots they need to acquire the necessary skills by hiring staff. A key question then arises as to whether the money expended in order to acquire and retain these employee skills should be seen as an expense or as an investment.
Many individuals enrol in postgraduate degrees to improve their knowledge in a specific field in their quest for life long learning. However, an Eastern Cape university is being investigated for possible corruption related to their postgraduate degrees.
Other People Were Also Interested In
Millions of individuals living in South Africa rely on the R350 grant every month to purchase essential goods. However, changes in the legislation under which the grant is provided left beneficiaries with no grant payments for two months.