Benefits of bringing Payroll In House
The New Year brings about the perfect opportunity to re think your payroll processes. Are you currently outsourcing this to a payroll provider? Here’s just a few of the reasons to bring payroll in house in 2015:
Cost Control: Cost is the most important factor when evaluating the benefits of in-house payroll. Although the up-front cost of running payroll in-house is larger initially because you need to purchase and implement payroll software, processing payroll in-house is much cheaper than outsourcing in the medium to long term.
Better control of information: In-house payroll offers far better control over the entire payroll process. Instead of exposing sensitive information about salaries, benefits and work status to an outsourced payroll provider, you’re able to keep all that private information in your own secure in-house database.In-house payroll software also provides easy access to built-in reports that allow you to analyse every aspect of your payroll. This enables you to make more effective business decisions.
Flexibility: In-house payroll software gives you maximum flexibility over last-minute changes. Payroll will still be processed on-time and on your schedule without also having to work around your payroll providers schedule. Any deductions or salary increases can be implemented quickly.
Empower Employees: Another benefit of running payroll in-house is offering payroll self-service to your employees. Make your HR processes more efficient by giving your employees remote access to personal data, holiday entitlement, payslips and p60s.
Hidden Fees: A payroll provider may charge for additional requirements such as changes such as adding overtime or adjusting shifts. It may also take longer to implement these changes or receive the required information. Payroll providers can also increase their costs at their own discretion.
For more infomation about house you can bring your payroll in house email: firstname.lastname@example.org
Cyber Ware Games – UK and US
The UK and US are to carry out “war game” cyber attacks on each other as part of a new joint defence against online criminals. The first exercise, a staged attack on the financial sector, will take place later this year, Downing Street said. The “unprecedented” arrangement between the two countries was announced by Prime Minister David Cameron ahead of talks with US President Barack Obama.
The leaders will also discuss privacy issues around encrypted messages. Mr Cameron has previously said in relation to cyber attacks that there should be no “means of communication” which “we cannot read”. He is expected to talk to the US president about getting companies such as Google and Facebook to allow governments to view encrypted messages.
In terms of the planned cyber war games Downing Street said they will aim to improve the flow of information between the US and UK about threats. No 10 said agents will co-operate in “cyber cells”, involving MI5 and the FBI, and they will be the first the UK has established with another country. Speaking to BBC political editor Nick Robinson after arriving in Washington on Thursday night for a two-day visit, Mr Cameron said cyber attacks were “one of the big modern threats that we face”. The first war game will involve the Bank of England and commercial banks, targeting the City of London and Wall Street, and will be followed by “further exercises to test critical national infrastructure”, Downing Street said. Money will also be made available to train “the next generation” of cyber agents.
The measures come in the wake of the recent hacking of Sony Pictures’ computers and the US military’s Central Command’s Twitter feed, where comments were posted promoting Islamic State (IS) militants.
The cyber attack on Sony Pictures led to data being leaked from its computers exposing emails and personal details about staff and stars.
The hackers, who called themselves #GOP or Guardians of Peace, also threatened cinema chains planning to screen Sony’s satirical North Korea comedy, The Interview, the plot of which involves a bid to assassinate the country’s leader Kim Jong-un.
Sony initially cancelled the film’s release after leading US cinema groups said they would not screen it, a move which Mr Obama later described as “a mistake”. Mr Obama has said cyber threats were an “urgent and growing danger” and unveiled domestic proposals to strengthen the law. The UK’s National Audit Office warned in 2013 that a lack of skilled workers was hampering the fight against cyber crime. Mr Cameron said the UK was already prepared for a cyber attack, saying GCHQ had “massive expertise”, but added more needed to be done. He said: “We need to be able in extremis to interrupt the contact between terrorists. “It’s also about protecting people’s data, people’s finances – these attacks can have real consequences to people’s prosperity.”
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