Pension contribution increases – how should payroll prepare?

Pension contribution increases – how should payroll prepare?

Spring not only brings changes in nature but also for anyone involved in payroll.  New tax codes, new tax bands, new student loans, thresholds, statutory payments and living wage are amongst the many areas of change to implement from the start of the new tax year.  All payroll professionals will once again be tasked with ensuring all changes are managed… Read more
Automatic Enrolment: is this the last contribution increase?

Automatic Enrolment: is this the last contribution increase?

As pension advisers we get asked a lot by our employer clients if this April’s increases in statutory pension contribution levels will be the last, or whether there are more increases on the way. We can say for sure that there are no scheduled increases on the statute books at the current time. The existing policy framework only ever… Read more
How best to communicate the upcoming increases in workplace contributions to employees (in a positive light)

How best to communicate the upcoming increases in workplace contributions to employees (in a positive light)

Auto-enrolment has introduced over 10 million people to saving into a workplace pension for the first time, and employees have been gently eased into saving with low contribution levels. However, as the April 2019 increases are the highest yet, it’s important to ensure employees understand the benefits of their contributions going up to ensure opt out rates are kept low. Read more
Philip Green: a convenient villain for confusing times

Philip Green: a convenient villain for confusing times

Ink’s HR Director, Ruth Johnson, suggests that the battle for equality won’t be won if our response to workplace wrongdoing is applied only in the interest of our own personal war. Well, here’s a surprise.  Philip Green (sorry, ‘Sir’ Philip Green) is crass.  Who knew?  The Daily Telegraph investigation adds more than a little weight to a generally held suspicion… Read more
The Myth of the Single-Minded Metaphor

The Myth of the Single-Minded Metaphor

Ruth Johnson argues that sporting metaphors in business fall short when they obsess with single minded goal-setting.  Real success is not just about achieving your goals; it’s about taking people with you and enjoying the ride as well. It seems a long time ago now … but, boy, how I loved watching the 2018 World Cup.  And who knew?  Who… Read more
How integrated HR administration drives faultless payroll

How integrated HR administration drives faultless payroll

Without doubt the majority of businesses now widely recognise that their greatest assets are their employees – hoorah! However, many employers are still falling at the most fundamental of hurdles by making costly payroll and payment related administrative errors, causing widespread issues. The fault often lies in employers – quite understandably – not fully understanding the complex, ever-evolving employment… Read more
My Payroll Epiphany – the inspiration for payroll that’s better all round

My Payroll Epiphany – the inspiration for payroll that’s better all round

Ink Payroll Director Ruth Johnson tells us what sparked her passion for pulling payroll out of the past… Prehistoric payroll … the way it used to be. My first ‘proper job’ (as my parents used to call it, in tones of relief mixed with derision) was in a small, family business in the sticks.  The boss was a rather aloof… Read more
Introduce Workplace Pension Salary Exchange and save an average of £7,015 p/a

Introduce Workplace Pension Salary Exchange and save an average of £7,015 p/a

Auto Enrolment has ushered in a new era of workplace-based saving. In our view it’s been a resounding success – boosting both the number of people engaging in long term savings and the average amount of annual saving per employee. Throw in a dramatic increase in employer participation and improved pension awareness nationally and the results really are quite stunning. Read more
Payroll – why settle for ‘satisfactory’?

Payroll – why settle for ‘satisfactory’?

Payroll is an increasingly exacting discipline, it requires accuracy, attention to detail, great technology and a progressive, forward thinking mindset. Many of the employers we talk to who outsource their payroll are using service providers who, at best, they are just ‘satisfied’ with. Ultimately shouldn’t an outsourced service provider deliver more than just a ‘satisfactory’ service? In fact… Read more
Workplace Pension Clinics – Ink achieves a Net Promoter Score of 9.46/10!

Workplace Pension Clinics – Ink achieves a Net Promoter Score of 9.46/10!

At Ink we have always been passionate about operating at member level to connect with individuals and improve their understanding and engagement with Workplace Pensions. It is our strongly held view that employers who invest in the promotion of their schemes, especially when they have generous employer contributions, reap rewards through improved retention and productivity. First things first: We… Read more