The payroll function is critical for any company. It affects business reputation, employee morale, and financial stability, among other things. Employees count on receiving their paycheck on time and without mistakes, as their financial well-being depends on it. If payments are late or inaccurate, this can result in a lack of trust among all employees […]

New technologies are reshaping the future of the workplace by allowing the automation of manual tasks in operations and processes that require rote learning with algorithms or robots. These tasks are often susceptible to human error, and so automation can help to improve the accuracy and efficiency of many business operations. This is only one […]

Recognising and rewarding your employees can be as simple as a pat on the back to offering a better pay package. What is important is that you need to let them feel valued, recognised and rewarded for the contribution they make to your business. While people do not often switch jobs for the sake of money alone, but if you underpay, it is a definite de-motivator. So why is salary benchmarking important to a company?