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....The new levy is designed to increase the number and quality of apprenticeships in the UK, with the government aiming to create 3 million new placements by 2020. It will be paid by employers in England with a payroll of more than £3m and charged at a rate of 0. ... [Read full article on Guardian ]
Sunday 26th of March 2017 11:01:43 PM
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Apprenticeship levy will deepen north-south divide, IPPR says image
Source : Guardian [Read Article] Sunday 26th of March 2017 11:01:43 PM
....The new levy is designed to increase the number and quality of apprenticeships in the UK, with the government aiming to create 3 million new placements by 2020. It will be paid by employers in England with a payroll of more than £3m and charged at a rate of 0. ...
PM backs plans to overhaul workers' rights to reflect gig ecomomy image
Source : Guardian [Read Article] Monday 20th of March 2017 12:25:37 AM
.... “People want it to be that robots create the possibility for human beings to have fulfilled work, not that we end up serving the machines,” he said. Taylor’s review has found evidence of companies asking employees to incorporate themselves as sole traders, rather than go on the company payroll, enabling them to avoid benefits such as statutory maternity pay or sick pay, according to the Times. ...
Tesco to pay back thousands of underpaid staff image
Source : BBC [Read Article] Thursday 9th of March 2017 11:24:00 AM
. Tesco is reimbursing 140,000 current and former staff who were left underpaid due to a payroll error. ...
Tesco to pay out nearly £10m to staff after payroll errors image
Source : Guardian [Read Article] Thursday 9th of March 2017 10:56:20 AM
....Tesco is to reimburse 140,000 current and former staff members a total of £9. 7m after payroll errors meant they were paid below the national minimum wage. ...
High heels row: MPs 'shocked' by women's dress code stories image
Source : BBC [Read Article] Monday 6th of March 2017 02:21:10 PM
.... . "Quite literally adding insult to injury, she was denied any compensation or sick pay as she wasn't on the payroll for long enough," she added. ...
'Employers are missing out' image
Source : BBC [Read Article] Wednesday 22nd of February 2017 12:56:58 AM
....One suggestion is to encourage employers using incentives. "One should have, in this coming Budget, a reduction in national insurance contributions to those employers who say I'm taking [disabled] people onto my payroll," he says. ...
Argos to pay £2.4m to 37,000 workers paid less than minimum wage image
Source : Guardian [Read Article] Thursday 16th of February 2017 03:26:07 PM
....The department store chain was fined £63,000 and forced to pay back nearly £135,000 to 12,000 workers. The company said it had underpaid staff by an average of £10 each in 2015 because of a “technical error in its payroll calculations”. ...
Debenhams tops government's shame list for underpaying staff image
Source : Guardian [Read Article] Wednesday 15th of February 2017 07:14:42 PM
.... The company was hit with a £63,000 fine and forced to pay back nearly £135,000 to nearly 12,000 workers. The company said it had underpaid staff by an average £10 each in 2015 because of a “technical error in its payroll calculations”. ...
Co-op CEO Richard Pennycook to step down image
Source : Guardian [Read Article] Tuesday 7th of February 2017 04:13:24 PM
....”. Pennycook will remain on the payroll, however, as he is being retained as an adviser for a fee of £20,000 a month. ...
US economy adds 227,000 jobs in January – the best figures since September image
.... We will have a better sense of how the job market has responded to President Trump by the middle of 2017,” he said. The latest government statistics follow a strong report from payroll processor ADP. ...
Hiring a carer for my mother was a huge learning curve, but help is available image
.... Social services recommended we get help from a Warwickshire-based group called the Rowan Organisation, which also covers other counties. It has helped, for small fees, with recruiting PAs and with our payroll services. ...
Rolls-Royce: questions remain despite £671m bribery settlement | Nils Pratley image
.... Others have suffered sanctions short of dismissal. That is a sizeable tally but naturally understates matters since disciplinary proceedings could only be taken against those still on the company’s payroll in 2013 and afterwards. ...
Obama's legacy image
Source : BBC [Read Article] Friday 13th of January 2017 12:03:44 AM
.... . And if they were all forced to pick just one with which to tell the story of the Obama presidency, many would plump for the bar chart of "non-farm payrolls". ...
Obama's labour market report card: not bad, could have done better image
Source : Guardian [Read Article] Friday 6th of January 2017 03:17:51 PM
.... Only three presidents since 1945 – the two George Bushes and Dwight Eisenhower – have a worse record. The monthly increase or decrease in non-farm payrolls is a key indicator of the health of the US jobs market, but it is not the only one. ...
US wage growth shows Trump will inherit solid labour market image
Source : Guardian [Read Article] Friday 6th of January 2017 03:07:43 PM
....co/1Y9cSWJUIB #JobsReport #BLSdata. Paul Ashworth, chief US economist at the consultancy Capital Economics commented: “The more modest 156,000 increase in non-farm payrolls in December suggests that labour market conditions weakened just a fraction in the closing stages of last year. ...
US jobs growth slows to 156,000 during December image
Source : BBC [Read Article] Friday 6th of January 2017 02:39:54 PM
.... . Kully Samra, UK managing director at Charles Schwab, said: "Despite December's non-farm payroll numbers missing forecasts, the US economy still has a robust labour market. ...
Nearly 700 firms fined total of £1.4m for not paying minimum wage image
Source : Guardian [Read Article] Friday 6th of January 2017 12:29:40 PM
....But many of the businesses are small and their owners argue they did not have sufficient help to adapt to legal and practical changes in recent years. San Lorenzo restaurant in south-west London, which was found to have underpaid 30 workers by nearly £100,000, was dealing with family crises and had not been advised to update its payroll when the owners discovered the problem. ...
Tax avoidance, expenses scams – welcome to the recruitment industry | Adrian Gregory image
.... A senior HMRC inspector told me five years ago that over £1bn per year was being siphoned from Revenue and Customs into the hands of agency bosses through travel scheme abuse alone – yet, with the exception of a £158m tax bill imposed on Reed Employment, the industry’s manipulation of the tax system has hardly been disturbed. The Guardian recently exposed payroll “products” that have become more widespread since travel and subsistence schemes were banned, enabling agencies to effectively opt out of employers’ national insurance contributions. ...
The tech industry won't save us – or the planet – from Trump's excesses | Kate Aronoff image
....But there’s one big problem with such an apparently quick and harmonious fix: the fossil fuel industry, along with its $5. 3tn in subsidies and men on its payroll who are snapping up cabinet positions. ...
Michel Roux Jr admits restaurant staff get no share of service charge image
Source : Guardian [Read Article] Thursday 15th of December 2016 03:58:38 PM
....“Wages are not dependent on fluctuating levels of discretionary service charges or cash tips,” the spokeswoman said. “Gratuities form just one part of the payroll each month. ...
'Toxic employee' image
Source : BBC [Read Article] Thursday 8th of December 2016 12:25:22 AM
....And numerous studies have shown that they cost a business or government department money, due to the productivity of other workers plummeting, or people taking sick leave or even resigning. One 2015 report by Harvard Business School estimated that keeping a toxic worker on the payroll can cost an average firm more than $12,000 (£9,400) a year. ...
Prepare for a US interest rate rise before Christmas image
Source : Guardian [Read Article] Friday 2nd of December 2016 02:18:19 PM
.... That was the clear message from the latest set of US employment figures measuring job creation in November. Non-farm payrolls – the bellwether of demand for labour in the US – rose by 178,000, almost bang in line with what Wall Street was expecting. ...
US Fed rate hike likely as jobless rate hits nine-year low – as it happened image
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Daring do image
Source : BBC [Read Article] Monday 14th of November 2016 12:45:45 AM
....Looking ahead Stephanie says she would one day consider selling all or part of the business "if we found the right partner", but stresses that she feels very responsible for her team. All staff on the payroll remain female, but the business does now also employ male contractors. ...
What are the highest paid jobs of 2016 in the UK? image
Source : Guardian [Read Article] Monday 31st of October 2016 11:59:45 AM
....To obtain the data, the ONS surveyed a random sample of 1% of all the workers who carry out each occupation, using 2015/2016 pay-as-you-earn (PAYE) tax records. This means bonuses are included, but self-employed workers and celebrities who don’t appear on company payrolls are excluded. ...
Study says 850,000 UK public sector jobs could be automated by 2030 image
Source : Guardian [Read Article] Monday 24th of October 2016 11:01:07 PM
....3m administrative jobs across the public sector had the highest chance of being automated. But even teachers, police officers and social workers could be replaced, at least in part, allowing the government to either free up more staff for frontline work or reduce the number of workers on the payroll. ...
US creates 156,000 jobs in September image
Source : BBC [Read Article] Friday 7th of October 2016 12:58:05 PM
....The pace of jobs growth throughout 2016 lags behind that of 2015, when job creation was averaging 229,000 a month. Chris Beauchamp, chief market analyst at online trader IG, said: "At first glance, the non-farm payroll figure looked rather disappointing, given that it missed expectations. ...
Born to sell image
Source : BBC [Read Article] Sunday 4th of September 2016 11:29:39 PM
....Opening his bar in Norwich in 2009, Jacyn says he soon discovered that he had a woeful lack of knowledge regarding the finances of running a small business, despite his parents owning their own pub. "I didn't really understand profit and loss, VAT and payroll. ...
US employment rises again in August image
Source : BBC [Read Article] Friday 2nd of September 2016 01:33:17 PM
....Economists now think the chances of the US central bank raising interest rates this month have been reduced. The official data for the country's "non-farm payrolls" shows that the number of people out of work was unchanged at 7. ...
FTSE 100 powered higher by miners image
Source : BBC [Read Article] Friday 2nd of September 2016 07:29:37 AM
...."Today's jobs data has raised expectations that a US rate hike could be delayed," said Jawaid Afsar, senior trader at Securequity. "A weakness in the dollar following the payroll numbers has helped commodities, which have a heavy weight on the benchmark FTSE 100 index. ...
Jobs market shrinks for new graduates, survey suggests image
Source : BBC [Read Article] Friday 2nd of September 2016 12:44:33 AM
....He added that the apprenticeship levy, which from April 2017 will impose a levy of 0. 5% on company payrolls to raise £3bn a year to fund three million apprenticeships, was another significant concern for employers. ...
Sage employee arrested in fraud probe image
Source : BBC [Read Article] Wednesday 17th of August 2016 08:38:57 PM
....The Newcastle-based firm said it had told businesses who may be affected. The firm provides business software for accounting and payroll services to firms across 23 countries. ...
Sage software firm hit by data breach image
Source : BBC [Read Article] Sunday 14th of August 2016 11:35:28 AM
.... . The company, which provides business software for accounting and payroll services to firms across 23 countries, says it is taking the breach extremely seriously. ...
Firms offered £2,000 incentive to take on apprentices image
Source : BBC [Read Article] Friday 12th of August 2016 12:15:22 PM
....Larger firms will be required to contribute 0. 5% of their payroll to the new apprenticeships scheme from 2017. ...

Rising numbers could face 'crippling pain' as NHS rationing spreads
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Source : Telegraph [Read Article] Tuesday 9th of August 2016 09:00:00 PM
....45bn – the worst in its history. As the NHS finances have deteriorated, health trusts have spent record sums on “turnaround” managers employed on “off-payroll” deals. ...

How can Britain justify propping up Mugabe?
 image
Source : Telegraph [Read Article] Tuesday 9th of August 2016 06:00:00 AM
.... Up to three million Zimbabweans have fled to South Africa. The state payroll, padded out with party loyalists, has doubled in four years. ...

British donations to Christian charity World Vision were 'used to build a Hamas military base in Gaza'
 image
.... . He then allegedly used his position to steer money back to Hamas through a range of methods including putting militants on the payroll and issuing tenders for humanitarian projects that never existed. ...
Southern rail: Jeremy Corbyn calls on government to renationalise image
....In a speech in Milton Keynes, he committed the party to pushing the minimum wage up to £8. 25 and forcing employers to give it to all adults on the payroll, not just those over 25 - to be funded by tax increases for the highest-earners in society and businesses. ...

NHS chief on record £60,000 a month as numbers 'off payroll' soar
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Source : Telegraph [Read Article] Tuesday 2nd of August 2016 09:00:00 PM
....A cash-strapped NHS trust has paid a temporary manager at rates of £60,000 a month – the highest in the history of the health service. The payment is revealed in a  Telegraph investigation which shows soaring numbers of health service bureaucrats are being paid “off payroll” - despite repeated Government pledges to clamp down on the practice. ...

BBC brings 85 presenters on staff after being told to ditch personal service companies
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.... There is no suggestion of any wrongdoing. Anne Bulford, the deputy director-general, said: “In 2012, following the public accounts committee’s interest in off payroll appointments within the public sector, the BBC agreed to commission its own independent review of this area. ...
US job creation rebounds strongly in June image
Source : BBC [Read Article] Friday 8th of July 2016 12:38:04 PM
...."It has been a month of huge shocks for the global economy, but what you can hear now is a massive sigh of relief from the markets. The disastrous May non-farm payroll reading followed by Brexit were very painful, yet there is now a glimmer of light at the end of the tunnel," said Dennis de Jong, managing director of UFX. ...
I've paid off my debt, but Student Loans Company keeps on taking my money image
....I rang the Student Loans Company (SLC) just before the end of the loan repayment to confirm that the ­balance was clear and to ask it to stop the monthly deductions. I was asked to send a year’s worth of payslips so it could certify I had paid in full, after which I was told the loan had been paid and a stop order would be issued to my ­company ­payroll department by HMRC. ...
Japan's Nikkei ends lower ahead of US jobs data image
Source : BBC [Read Article] Friday 8th of July 2016 12:59:48 AM
.... More jobs data will be necessary to ensure that the recovery of the labour market is entrenched," said Cynthia Jane Kalasopatan from Mizuho Bank. "Overall, if non-farm payrolls continue to point to solid job gains in coming months, then the Fed may be comfortable to hike policy rate once this year especially if there is more clarity as regards to Brexit risks. ...
Asian trade sees pound hovers around 31-year low image
Source : BBC [Read Article] Thursday 7th of July 2016 12:41:25 AM
....However policymakers were concerned the vote would heighten global market uncertainty and potentially hurt the US economic outlook. They were also worried about a possible slowdown in the US labour market following weaker-than-expected payroll data. ...
Dominic Chappell accused of treating BHS money as his own image
Source : Guardian [Read Article] Thursday 23rd of June 2016 06:34:59 PM
....Topp also alleges that Chappell instructed BHS’s finance department to pay him a £90,000 loan while the company’s finance consultant, Michael Hitchcock, was on holiday. “This was at a time when cash resources were limited and needed to pay both suppliers and employees payroll,” Topp said. ...
Dear Jeremy – your work problems solved image
Source : Guardian [Read Article] Saturday 18th of June 2016 05:59:03 AM
....Jeremy says. To answer your question immediately: yes, I think there are motivational differences between these two types of employment, the permanent, on-the-payroll kind and the temporary, project-specific kind. ...
GLOBAL FINANCIAL FEARS: Investors pump money into gold amid economic uncertainty image
.... "Of course, the EU referendum may have been a marginal factor behind this shift. But it almost certainly has more do with the extremely disappointing US non-farm payrolls data a week ago. ...
Republicans say Obama's new overtime rules will stifle economic mobility image
....8%. The new overtime rule should cost both the non-profit and education sectors less than a tenth of one percent of their payroll, said Bernstein. ...
Graduates who keep on paying after they’ve cleared their student debts image
....The spokesman adds that HMRC reports details of repayments made by employed borrowers to the SLC after the end of each tax year when the employer returns have been received and processed to give the full picture of the amount deducted. He says the introduction of real-time payroll data by some employers is ensuring fewer borrowers overpay. ...
FINANCIAL CRASH FEARS: Crisis signs as US jobs market plunges to worst level in six years image
.... It's now less likely the US Federal Reserve will raise interest rates when it meets later this month. Marcus Bullus, trading director at MB Capital, said: "Mayday, mayday is precisely what the markets will be screaming after this frankly shocking non-farm payrolls number. ...
US economy adds paltry 38,000 jobs in May for weakest growth since 2010 image
.... On Friday, the Department of Labor also cut its assessment of the number of jobs added in March and April by 59,000. “The weakness in May’s payrolls was widespread. ...
FTSE falters on growth and Brexit worries, with Wolseley leading losers image
Source : Guardian [Read Article] Wednesday 1st of June 2016 08:44:39 AM
. Leading shares are heading lower after uninspiring manufacturing data for May, worries about Brexit and a US rate rise, as well as caution ahead of the week’s US non-farm payroll figures and European Central Bank meeting. ...
Donald Trump given a fighting chance by ailing US economy image
Source : Guardian [Read Article] Sunday 8th of May 2016 10:08:20 AM
....Jobs are still being created but at a slower pace. Last week’s figures for non-farm payrolls – the benchmark for the state of the labour market – showed an increase of 160,000 in employment last month, well below the 200,000 Wall Street had been expecting. ...
US economy adds just 160,000 jobs in April – further sign of a slowdown image
....Last week, the US Department of Commerce reported that in the first quarter of 2016 the US economy grew at the slowest pace in two years. On Wednesday, figures from the payroll company ADP showed private sector employers added just 156,000 jobs in April. ...
Uber assembles advisory board of international power brokers image
Source : Guardian [Read Article] Thursday 5th of May 2016 04:35:51 PM
.... Others joining Fels are representatives to help Uber keep its finger on the pulse of Latin America. A former prime minister of Peru, Roberto Dañino – who was also once Peru’s ambassador to the US – is now on the Uber payroll, as is Gesner Oliveira, former president of the Brazilian administrative council for economic defence (Cade). ...
Sharp rise in fines as pensions push turns to smallest employers image
Source : Guardian [Read Article] Thursday 28th of April 2016 02:09:46 PM
....”. Catherine Pinkney, co-founder of payroll and workplace pension platform Paycircle, said the ongoing rise in the number of compliance notices and the sharp spike in the most serious penalty at the regulator’s disposal “should be a shot across the bows for the UK’s small and micro businesses”. ...
Source : Reuters [Read Article] Thursday 14th of April 2016 07:27:21 AM
...."The manpower that needs to be involved in this, nobody can justify the cost for that. If I had to hire a thousand people on my payroll to do the research, I'd be out of business as nobody would pay for that," said Kaplan. ...
Startup of the Year 2015-16 competition entry: The Accountancy Cloud image
Source : Guardian [Read Article] Tuesday 12th of April 2016 09:14:19 PM
....We have a team of nine qualified experts, headed up by Wesley Rashid, who is ex-Grant Thornton and Accenture and Tax Partner Stephen Hanlon, ex-Ernst and Young. The co-founders are supported by five qualified accountants and two qualified payroll members all of whom have a vast experience of working with start ups. ...
Turnbull's half-baked tax plan - it's really more about cutting services | Greg Jericho image
.... The incentive to deliver health and education as efficiently as possible is there because state governments also spend money on other areas, infrastructure, for one. They also know that if they can somehow deliver services more efficiently they can deliver lower taxes that they already raise, such as payroll tax rates and stamp duties. ...
George Osborne closes tax loophole that was used at BBC image
Source : Guardian [Read Article] Wednesday 16th of March 2016 05:13:35 PM
....The Guardian initially reported in November that the government was considering closing the loophole for most of the 100,000 people across industries such as media, IT and nursing, potentially saving as much as £400m. The proposals were prompted by revelations in 2012 that the BBC was effectively employing around 1,500 staff including stars such as Jeremy Paxman and Fiona Bruce “off-payroll” to avoid paying towards their national insurance contributions. ...
The vital role of credit unions in providing access to low-cost finance image
Source : Guardian [Read Article] Wednesday 16th of March 2016 09:45:16 AM
....But perhaps most importantly for Murtagh – and many others on the panel – was the need to popularise credit unions through collaboration with employers. “We want credit unions to be normalised, to be a financial institutions of choice, so we want to do more work around payroll saving and borrowing – that’s a very important area,” she said. ...
Audit of fast-food outlets finds most have underpaid workers image
Source : Guardian [Read Article] Thursday 10th of March 2016 07:22:10 PM
....Underpayment was often caused by employers using the wrong industrial instrument after a transfer of business or failing to realise award minimum conditions applied to workers on salaries, such as managers. Record-keeping practices were poor with rosters, time sheets and payroll reports not matching in 30% of stores. ...
BHS pensioners face cuts to payouts as struggling chain goes into insolvency image
.... Martin said all of those affected would be informed before their payments were reduced and that process would take several months. The next payroll is on 1 April. ...
George Osborne could STILL raid pensions in the Budget after tax relief cuts u-turn image
....Tom McPhail, head of retirement policy at Hargreaves Lansdown, said the loophole costs the Exchequer around £15 billion a year. He added: "This may well prove a very tempting target, however it would be hugely unpopular with employers and would cause substantial administrative upheaval for payroll managers. ...
George Osborne backs down on radical pension reform image
Source : Guardian [Read Article] Friday 4th of March 2016 10:00:47 PM
....“To be honest I don’t [think this is a victim of the EU referendum], this isn’t something people have been coming to me or chatting about in the tearooms of the House of Commons,” Garnier told BBC Radio 4’s Today programme. “It’s more to do with the fact that during this consultation a lot of companies have come forward and said this type of flat rate contribution is quite difficult to administer, when you look at payrolls and how you deliver it. ...
US factory woes add to pressure on Fed to hold interest rates image
Source : Guardian [Read Article] Monday 22nd of February 2016 07:32:39 PM
....Williamson said manufacturers were likely to start laying off workers if the situation persisted. “With backlogs of work slumping to the greatest extent since the height of the recession in 2009 and inventories rising for the third successive month, it’s likely that firms will come under increasing pressure to cut payroll numbers and production in coming months unless demand revives,” he said. ...
£80bn wiped off FTSE 100 this week as world markets gripped by panic - live image
Source : Telegraph [Read Article] Thursday 11th of February 2016 02:17:44 AM
.... "This drop does not reverse all the apparent increase in the trend over the past couple of months, but it does add weight to our view that a good part of the increase was due to turn-of-the-year seasonal adjustment problems. The intensity of the squeeze in the energy-dependent sectors of the economy and manufacturing exporter means some rise in claims this year is not an unreasonable bet, but these sectors account for less than 15pc of payrolls so any damage should be modest and partly offset by strength elsewhere. ...
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FTSE's slide continues while ITV hit by sell note image
Source : Guardian [Read Article] Monday 8th of February 2016 11:18:12 AM
.... The disappointing earnings across the sector from the big US firms to Credit Suisse and Deutsche Bank in Europe alongside the ugly spectre of negative interest rates have seen investors significantly reassess the chance of an earnings turnaround after years of regulatory fines for past misdeeds. With investors looking to mull over Friday’s mixed payrolls report attention is now shifting to Fed Chair Janet Yellen’s meeting with US lawmakers on Wednesday and Thursday with respect to further clues as to the possible timing of the next rise in US rates. ...
FTSE falls on economy fears but Randgold rises as it beats forecasts image
Source : Guardian [Read Article] Monday 8th of February 2016 10:03:43 AM
....64. Investors are still concerned about the global economy, with mixed signals from Friday’s US non-farm payroll numbers and recent weakness from China. ...
Weak US employment growth further suggests Fed rate rise was a mistake image
Source : Guardian [Read Article] Friday 5th of February 2016 02:55:01 PM
.... But it’s hard to imagine that the Federal Reserve would have raised interest rates in December had it known then what it knows now. News that employment growth as measured by the increase in non-farm payrolls was up by 151,000 is just the latest piece of evidence to suggest that the US economy is going through a tough period. ...
Global markets fall after US jobs report raises prospect of interest rate rise image
.... The energy sector alone planned to cut 20,246 jobs, while retailers planned to eliminate 22,246. “However confident Janet Yellen and her Fed colleagues were when raising interest rates in December, the US data released in January must be giving them food for thought – and today’s poor non-farm payroll figures are no different,” said Dennis de Jong, managing director at UFX. ...
Anglo American jumps another 10% as its revival continues image
Source : Guardian [Read Article] Friday 5th of February 2016 11:12:05 AM
.... The US currency has been on the slide after recent weak data suggested that the Federal Reserve’s proposal to hike interest rates further this year could be in doubt. Sentiment could change with a strong non-farm payroll number later but for the moment mining groups are seeing the benefit. ...
EU and US clinch new data-transfer deal image
Source : BBC [Read Article] Tuesday 2nd of February 2016 05:35:33 PM
....Many had predicted the regulators would block transfers that had been authorised by the earlier Safe Harbour pact as well as by other legal means, potentially causing havoc. Not only might Facebook, Google and Apple have been restricted from sending data to the US to be used by their cloud services, but European firms might also have been unable to rely on American firms to process their payrolls and carry out other backroom tasks. ...

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