PAYE stands for ‘pay as you earn’. It’s the system put in place to pay tax on your income before you receive it.

Employees and pensioners are given PAYE codes that determine the amount of tax taken from pensions or income earned. It’s advisable to check your code and query it with HMRC if you don’t understand it or think it may be wrong.

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Payroll can be one of those jobs that nobody wants to tackle, the endless loop of paper pushing and spreadsheet filling is enough to drive the sanest administrator to madness. And not only this but, as you can imagine, filling out a spreadsheet for hours on end is a prime target for human error.

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Recruiters are always on the hunt for great talent so when someone is really good at their job – they are hot property – and there is always the risk of losing them to another employer. There are many strategies that can be put in place to ensure your workforce remain happy and fulfilled in their job but when your best employee resigns, they have probably already been through a long thought process and there’s usually not much you can do about it.

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Manufacturing, Retail and Services are the top three largest industries in Britain and according to the latest Lloyds Bank ‘Business in Britain: Manufacturing’ survey which represents the views of 1500 SMEs, 88% of these companies report a skilled worker shortage in their business.  As the ninth largest manufacturing nation in the world, representing more than 90% of Britain’s economic output, this is a slight conundrum: we have a large vessel of business confidence and opportunity ready to set sail but with a significant lack of skill to steer the ship.

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Fining employees

KPMG has raised eyebrows across the industry with its new policy of fining workers if they submit their timesheets late. Employees who work for the company can be liable to pay a fine of £100 if they don’t submit their paperwork on time. It’s a questionable move, and one that understandably has employees irked.

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Admin tasks

More people than ever before are working as freelancers. The number of individuals who are self-employed has increased from 3.3 million in 2001 to 4.8 million in 2017, according to the Office for National Statistics. That figure is expected to increase as more people go into business for themselves.

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Automated invoicing

There are many great reasons for automating your invoicing processes. When you opt for automated invoicing, you can avoid costly errors and speed up the process of getting your bills out to your clients. Processing invoices manually can be incredibly time-consuming and can involve a number of hidden costs including misfiling.

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Filling out a timesheet needn’t be arduous.  Take the pain out of a boring but necessary task using the tips in this blog and make time tracking quick, simple and painless for your employees.

Tracking your timesheets

Efficient time tracking is essential to the smooth running of any recruitment agency.  Failing to implement timesheet best practices from the word go can result in incorrect or late payments and frustration for both parties.

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Top 10 CRM systems

Customer relationship management software, or CRM, is used by businesses to manage the relationships they have with their customers. Many businesses use spreadsheets to keep track of information about their customers. However, as they grow they quickly begin to realise how important every customer interaction is and how many ways you can interact with them.

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The right CRM software can help your business to save time and become more efficient to aid its ongoing growth and success, so it’s important to take your time in choosing/ the right one.

Picking the right CRM System

CRM systems are commonly used to streamline the process for managing customer data and history, managing leads, building quotes, and improving customer service.

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