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BLOG - 6 Payroll performance metrics you need to be tracking

6 payroll performance metrics you need to be tracking

By Finance, Payroll, Statutory Sick Pay

In a world where numbers and metrics determine success, it’s essential to develop and track key performance indicators (KPIs) to show that business objectives are being achieved efficiently. Organisations use high-level KPIs to focus on the overall performance of the business. Meanwhile, low-level KPIs are prominently used to target processes in different departments such as finance, payroll and HR. Whether you’re a standalone employee or part of a larger payroll team, these payroll performance metrics will provide you with the knowledge to track the success of key business objectives, ensure payroll resources are distributed correctly and help support your employees….

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How to calculate Statutory Sick Pay (SSP) entitlement

How to calculate Statutory Sick Pay (SSP) entitlement

By Payroll, Statutory Sick Pay

Also known by its acronym SSP, Statutory Sick Pay is the legal minimum that employees are entitled to when they are off sick from work. Paid by employers, Statutory Sick Pay kicks in when an employee is off sick for more than four days in a row. In this post, Natural HR explores Statutory Sick Pay, your employee’s eligibility, how it’s calculated, and how much is SSP per day. Keep reading to find out everything you need to know about Statutory Sick Pay. Is your employee eligible for Statutory Sick Pay? In order for an employee to qualify for SSP,…

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