You can now override the default rate of 12.07%. You can do this either on the employer (so as to affect all employees) or you can override it on a per-employee basis.
Show Balance on Payslips
You can now choose to show any accumulated holiday pay on the employees payslip. This is set in the Leave Settings for the employer.
Report Improvements
We’ve also upgraded the Holiday Pay Report. As well as the balance and any payments for each employee, it also now included whether or not the amounts are being paid out automatically on each payrun and the rate being used.
If your labour turnover rate is high, it’s a red flag that can indicate an unhappy workforce. This means tracking your labour turnover rate can be essential to your business’ wellbeing. But it doesn’t stop there. You need to understand the why behind your labour turnover rate; you must get effective feedback as well as […]
Pension funds in the UK are in the trillions. With government regulations constantly updating to ensure this money is invested in the Paris Agreement-aligned green investment strategies, read more on how pensions and climate change are working together.