Starz’s Post

15 Months... ...is the average amount of time a Payroll Officer will stay with a business before moving on. This is almost 7 months less than the average across Accounting and Finance roles in Sydney... With the current shortage of quality payroll candidates, what are Payroll Managers doing to improve staff retention and attract top talent? If you are a Payroll Manager in Sydney and are interested in changing the way you hire, let's catch up | hfickling@andersenpartnership.com #payroll #sydney #recruitment #jobs *Source: LinkedIn Talent Insights

💸 Running a multi-country payroll is incredibly complex and comes with numerous challenges. In order to overcome these challenges, businesses need a first-class global payroll team. 🏅 🤝 Building an efficient, well-structured global team of #payrollprofessionals is, however, a challenge on its own. Here are some important considerations to keep in mind: 💼 Multi-country #payrollmanagement requires additional payroll staff with specific skills and qualifications. 🌎 The structure of your payroll function should align with your chosen global payroll model, which can either be centralized, decentralized or hybrid. ✅ Remember to appoint a global process owner for #payroll. 👨🏻💼 Build the necessary skills within your global payroll team rather than contracting external services for payroll-related challenges you frequently face. 💪🏻 When hiring a #globalpayroll manager, choose a candidate who has strong leadership skills and can set an example for the rest of the team. To find out more about how to build a first-class global payroll team, head over to the Lano blog and check out this blog post: 👉🏻 https://lnkd.in/eZWskj-6 #lano #payrollspecialist #payrollprocessing #globalhiring

Stephanie Acosta, our wonderful Payroll Administrator tells us how she juggles her responsibilities such as: addressing payroll inquiries, ensuring compliance, generating reports, assisting with audits and collaborating closely with HR and Finance. She states that juggling multiple responsibilities as a Payroll Administrator requires a balanced approach. Managing multiple responsibilities efficiently involves effective time management and prioritization. She is focused on responding to inquiries promptly, ensuring employees feel heard and valued, maintaining open communication channels, welcoming questions, and providing friendly, helpful responses. She emphasizes that staying updated on regulations is key. She keeps meticulous records to demonstrate compliance during audits, making sure everything is in order and easily accessible. She utilizes software tools to streamline all her report generation processes, saving time and ensuring accuracy. She prioritizes building strong relationships with HR and Finance colleagues, understanding that teamwork is essential for success.   Overall, maintaining a proactive and organized approach helps her effectively manage her responsibilities as a Payroll Administrator. By staying communicative, compliant, and collaborative, she ensures smooth operations and supports the needs of both employees and the organization as a whole. #HR #Payroll #prioritization #success #organization #leadership #Hrhacks #teamwork #staffing #recruiting Broadstaff

So how well do your key functions like HR and Finance work together? “Not at all? They don’t really cross over.” Hmmmm So if this is how your business operates you need to have a serious think about what you are potentially missing here. Are HR frequently spending money with no approval? 💰 💰 Are finance agreed and aware of company initiatives before the invoice turns up? Are both clear on any payroll adjustments this month? Are both clear on bonus and commission payments due this quarter? Does finance know three of those staff due bonus or commission have actually had disciplinary action this month? ⛓️ The recruitment team are hiring twenty new staff for the service department but finance have not been involved in any approval of hiring? You get my drift! Both should be thinking about each other at every twist and turn. Collaboration is the key! 😀 #synergies #hr #finance #peoplecostmoney

Shawny - So what would your advice be to senior payroll professionals looking to step up into leadership? Rebecca Fletcher - My advice would be to have a very, very good think about is this for you? You know, part of my job description isn’t just being a manager and coming in and telling people what to do every day. You know, there is far more to it. I think given my payroll background, that’s one of my things that, I really do try and drop into department heads or anyone that has to sign off on timesheets. That’s a part of your role. You know, the people in your team are part of your role. So having great technical skills and being an amazing payroll officer doesn’t always lend itself to someone being the right fit for a manager position. It really is something that you do need to be very passionate about and know what you’re sort of getting yourself into. It’s not, you know, peaches and cream every day. You take on the weight of your entire team, and if someone doesn’t get paid properly or on time, that sits with you, not the payroll officer. So it is. It’s a lot of work. You know, the amount of additional hours that I’ve done through my management career, I would love to calculate. But I do it because I love doing what I do, and I think that that’s where it lies. You know, progressing for the sake of progressing is probably not the best way to go about it. Loving what you do and knowing why you want to step into that next role is so important. #insights #payroll #careerprogression #careerpath

I wanted to quickly shoutout my fellow HR, Payroll/Accounting people out there - former and current colleagues, friends, family, and anyone else who has ever worked in these types of departments. I see you and what you do matters! Many times these groups are looked down upon, feared, accused of “doing nothing all day” since we are not the ones making money for a company; we are not manufacturing products, or packaging items, or making sales, etc. But there is so much that goes on behind the scenes that most don’t see - important stuff like making sure everyone gets paid on time and correctly, making sure healthcare is taken care of by setting up,adjusting, assisting with benefits, making sure we are in compliance with many complicated and various laws and regulations. We are working hard to help our teams hire the right people in the right positions. We are advocates of growth and development. We are trying to create a culture that thrives on efficiency and even fun. We are keeping things flowing in the background so that employees are able to do what they do best. We are problem solvers, the unofficial therapists, peacemakers, career planners. Sometimes these feel like thankless jobs, but we keep going. So to anyone out there in these roles - you are appreciated! 🙌🏻 #hr #payroll #accounting

Global Payroll Leader I can guarantee when you read this you probably have challenges across your Payroll function whether small and isolated to a particular country or global and the enormity of the issues is on the top of the C-Suite priorities. No matter what the issues you are trying to overcome, if you hire someone with extensive experience in problem solving, global payroll subject matter expertise, project management and someone who can build solid relationships across all your key stakeholders, you will achieve the success you desire. So reach out to me even if you just want to pick an expert's brain to enable you to move forward. Burying your head in the sand will not make the problem go away....it will potentially get worse so do not fear taking accountability for this. I have plenty of experience in effectively designing RACIs and more importantly, full cooperation and buy-in to newly defined responsibilities. This makes accountability and governance so much easier to manage! #payroll #HR #globalmobility Kelly Palmer Barry Matthews Victoria Thatcher MCIPP Varsha Sandhu (Bhudia) Tracey Simpson Tracy Jerram CMgr MCMI MCIPP Ian Giles Pete A. Tiliakos Annabelle Yee Portfolio Payroll Limited - UK & ROI JGA Recruitment Group Miriam van Kempen Rob Stevens Michelle Sutton MCIPPdip FHEA Dip Claire O'Sullivan James Tomlin David Yewdall

Discover the career journey, inspirations, and insights of Payroll Manager Zuber Mulla in our latest "10 Questions" blog installment. Plus, get to know some fun facts about him! Follow us to learn more about the talented team behind Eternal Engagements . https://lnkd.in/eN2bagyh #10Questions #TeamSpotlight #PensionsAwarenessWeek

Global Payroll Leader I can guarantee when you read this you probably have challenges across your Payroll function whether small and isolated to a particular country or global and the enormity of the issues is on the top of the C-Suite priorities. No matter what the issues you are trying to overcome, if you hire someone with extensive experience in problem solving, global payroll subject matter expertise, project management and someone who can build solid relationships across all your key stakeholders, you will achieve the success you desire. So reach out to me even if you just want to pick an expert's brain to enable you to move forward. Burying your head in the sand will not make the problem go away....it will potentially get worse so do not fear taking accountability for this. I have plenty of experience in effectively designing RACIs and more importantly, full cooperation and buy-in to newly defined responsibilities. This makes accountability and governance so much easier to manage! #payroll #HR #globalmobility Kelly Palmer Barry Matthews Victoria Thatcher MCIPP Varsha Sandhu (Bhudia) Tracey Simpson Tracy Jerram CMgr MCMI MCIPP Ian Giles Pete A. Tiliakos Annabelle Yee Portfolio Payroll Limited - UK & ROI JGA Recruitment Group Miriam van Kempen Rob Stevens Michelle Sutton MCIPPdip FHEA Dip Claire O'Sullivan James Tomlin David Yewdall