A quick guide to calculating labour turnover
28th Feb '24
I was asked a great question a couple of months ago: “What kind of business is Staffology not suitable for?”
Our customers range from single employee firms, to payroll bureaux and accountants, to 1,000+ employee businesses, to CIS Contractors, to umbrella companies, to temp recruitment agencies.
So it’s a fair question!
The answer though was fairly simple: whilst the software can run payroll on a monthly, weekly, fortnightly or four-weekly basis (or even daily for CIS) – and you can run weekly and monthly in the same employer – what you couldn’t do was run multiple payruns of the same frequency.
So companies that paid everyone monthly but, for example, paid directors on the 7th of the month and employees on the last Friday of the month would be at a loss.
So I’m pleased to say we’ve just released an update that overcomes this limitation.
You can now have as many payment schedules as you like all of the same frequency.
The specifics of how to set it up are in the User Guide.
If you’re a user of the Payroll API then you’ll be pleased to know this change won’t break any of your existing code. Details here.
I guess I’m going to have to think of a new answer to that question!
Duane Jackson, April 23rd, 202028th Feb '24
2nd May '23