If you’ve ever been on the wrong end of a salary mix-up, you’ll know how demotivating it is. There’s nothing worse for staff than being underpaid or having to wait longer than they should for their money, which can lead to negative repercussions in terms of customer service, upselling, staff retention and more. Not to mention the time and effort it takes to rectify the mistake.
And while payroll can be tricky in any industry, hospitality is particularly challenging. High staff turnover, multiple locations and a combination of weekly and monthly pay runs all play their part. Tips, pensions, the minimum wage and NI are added complications. So you simply can’t expect a general manager, who has customers to serve and an outlet to run, to be a payroll wizard. That’s why it’s worth looking at specialist payroll systems and bureau services, with the expertise you need to get things right, every time.
Of course, your first priority is to make sure you and your employees are complying with bodies such as HMRC and The Pension Regulator. Fourth’s payroll system and service helps you process data accurately and on time, to minimise the risk of non-compliance with the complex and frequently changing regulations.
The system helps you pay everyone accurately, from their first payday to their last. It calculates pension payments, keeps sensitive information secure and enables you to manage every aspect of payroll in one place. It’s cloud-based, accredited by HMRC and a fully integrated part of our Workforce Management solution. This means a single record for each employee across HR, scheduling and payroll. Customisable timesheets and self-service features mean less admin. And because it integrates with BACS and finance systems, payment is easy, even with multiple PAYE companies.
Alongside this, we also offer a payroll bureau service designed specifically for the hospitality industry. This means you outsource your payroll to us and we take complete care of paying your employees, with no hidden costs. There’s no need to cover holidays or absences – or to recruit extra staff as your business grows.
We handle all aspects of compliance with payroll legislation, and you have on-demand access to a hospitality payroll specialist, accredited by the Payroll Assurance Scheme (PAS). You reduce or eliminate the need for in-house payroll – and it’s all fully HMRC-compliant. What’s more, our payroll bureau service is a core part of our business, not outsourced to a third-party.
So don’t let payroll be a headache for your business. Let us take the strain – so you and your staff can focus on the people who really pay your wages.
Find out more about achieving accurate payroll by downloading our complimentary white paper.
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