article thumbnail

Buyer’s guide to home technology schemes

Employee Benefits

What are home technology schemes ? A home technology scheme allows employees to purchase a new piece of technology and spread the cost through monthly payments. The payments can be made either through a salary sacrifice arrangement from gross pay or from a net pay arrangement.

article thumbnail

What is Payroll – A Comprehensive Guide, Definition, Processes & Solutions

Qandle

Payroll refers to the process by which employers calculate and distribute compensation to their employees for the work they have completed. It involves various tasks, including calculating wages, withholding taxes and other deductions, and ensuring that employees receive their net pay.

Payroll 105
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A Guide to Payroll Management: Ensuring Smooth Financial Operations

Qandle

Employers must accurately calculate and withhold taxes from employee paychecks, including income tax, social security, and Medicare. Employers must accurately track and manage these benefits to ensure they align with company policies and legal requirements. Tax compliance is a significant aspect of payroll management.

article thumbnail

Why getting pay and reward right is more important than ever

cipHR

At a time of rising living costs, it’s more critical than ever that employers support workers with accurate, timely, pay. Is your technology up to the task? Pay is the one area of the people function where there are rarely prizes for getting it right, but you’ll soon hear about it if things go wrong.

Payroll 52