deciding how much revenue should be spent on payroll

What Percentage of Revenue Should be Spent on Payroll?

March 28, 2017
Many businesses struggle to balance the tightrope between having enough staff to make money, but not so many that they’re wasting money. Calculating what percentage of business income should go to wages is vital for keeping business afloat and not drowning in their own ...
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Global Payroll Team finalist for best in class award

March 23, 2017
International payroll specialist IRIS FMP has been shortlisted as a finalist for the Global Payroll Team of the Year. The Global Payroll Association will be announcing the winner of the award at the awards night to be held in Amsterdam in June 2017. The Global Payroll Associa ...
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From a Payroll Loss leader to an Accountants dream

March 20, 2017
Life used to be so much easier for accountants when it came to payroll. It was always an easy option to just give clients payroll services in order to retain their valuable accounting business. And if it broke even as a service that was a plus, since many accountants saw the ...
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Tesco – Every little helps after payroll fiasco

March 10, 2017
Just a few days after the Debenhams naming and shaming by the HMRC, Tesco has become the latest high-profile business to suffer reputational damage from payroll issues. The supermarket giant is reeling after finding that 140,000 current and former staff have been underpaid du ...
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Is your business prepared for the apprenticeship levy

March 6, 2017
As part of the Government’s drive to train three million new apprentices by 2020 the new Apprenticeship levy will require some employers to invest, with the size of the investment dependent on the size of the business. This blog explores what it may mean for your business Whe ...
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Why should your business embrace flexible working?

March 1, 2017
 Nearly one in five [18%] of working mums have been forced to leave their jobs because a flexible working request has been turned down, according to Workingmums.co.uk’s annual survey published in October 2016. Being a working mum myself, I am all too aware of how hard it is t ...
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Can I Discuss Pay With My Colleagues?

February 28, 2017
How much do you earn? How big is your pay cheque? What’s your salary? These are all questions that are avoided like the plague. Discussing your pay with the people you work with is just simply not the “done thing”. There are a number of different reasons, ranging from claims ...
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No Budget shenanigans in run up to hard Brexit?

February 22, 2017
The Chancellor of the Exchequer, Philip Hammond, will publish his Spring Budget on Wednesday 8 March 2017. What will it mean for payroll and business? It’s likely to be a low-key budget, as Article 50 and Brexit come after the event. I’m not certain Mr Hammond will want to ov ...
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Found it! Whopping £63k payroll fine at Debenhams

February 21, 2017
HMRC certainly ‘Found it’ at Debenhams, uncovering over £130,000 of payroll underpayments involving 11858 workers, and hitting the department store with a whopping £63k fine. The department store, who’s current slogan is ‘Found it!’ blamed glitch ...
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Top Five actions to reduce payroll errors

February 14, 2017
Payroll errors cost UK employers more than £700 million in the last financial year and sorting out errors can contribute to a downward spiral for hard pressed payroll teams. Are there any simple tips to help teams reduce payroll errors? Here are my Top Five 1)    Create a  ...
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How easily can managers be taught soft skills?

February 6, 2017
Our blog looks at how leaders and managers can learn the soft skills they need for their business, with help from cloud based mobile HR software systems such as IRIS FMP Amity. There are many different qualities which managers and leaders in the workplace are expected to have ...
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