Payroll Trends For 2018
Majority of people are currently enjoying the digital era where we are able to connect to the internet and with everyone in the world on a daily basis. We have been used to getting information with just a few clicks, do banking transactions using our mobile devices, renew licenses online with the help of mobile apps, talk to our phone to know about the state of traffic in our area and we can even apply for our passports online. It is no wonder that payroll outsourcing service is now common within companies and businesses.
The technology we use daily will be the same ones that will deliver changes in the payroll trends for this year. Employees are now used to receiving notifications from their bank as soon as their pay is deposited, they can check the available amount in their bank accounts, they can view their pay slips as well as tax certificates using mobile app which they can use as proof of income and they can process their application for a leave online.
Managers are also benefiting from these advances in technology because they can manage leave applications from their employees, check their training applications and monitor who is currently working in their stations with the help of a handheld device.
Majority of us are using our phones all the time wherever we may be and it has become an extension of us that even those working in management administration are using their devices to streamline their tasks.
We have the Employee and Management Self-Service systems to thank for. The system is gaining more and more popularity that people are wondering what tools will be released and made available for the public this 2018.
New tools could include systems that can handle time keeping, time management, be able to add payroll input into the payroll, managing the performance of the employees, retrieve information regarding employee benefits, dashboard showing work statistics of individual and teams as well as job application and tracking for those who are applying.
We are moving forward with tools such as payroll outsourcing service which makes things easier for employers as well as employees.