Recent changes to The Pensions Act mean that businesses are required to automatically enrol eligible job holders on a workplace pension scheme. The policy is to be introduced between 1 October 2012 and 1 February 2016, and your deadline will depend on your PAYE scheme size or reference.
There is currently a demand for experienced professionals to fill temporary payroll vacancies as a result of the pension reform. Through recruiting top level candidates, businesses can make sure that their pension auto-enrolment scheme is set up and managed correctly, and other aspects of their payroll systems are up-to-date and effective.
Finding perfect payroll temps
When searching for top candidates for temporary payroll jobs, look for applicants who demonstrate that they are capable of taking on the work surrounding the pension reform. So that your business is able to introduce and maintain a pension auto-enrolment scheme successfully, your payroll employees should be able to:
- Keep up-to-date with legislation changes
- Have a full understanding of pension auto-enrolment
- Inform staff of changes to their pension
- Obtain relevant employee data
- Determine which employees qualify for auto-enrolment
- Modify packages according to changes to the law
The team must also be able to implement relevant changes and manage the process effectively so that your package falls in line with the pension reform.
Other payroll responsibilities
It is likely that your payroll have a number of other responsibilities on top of managing and maintaining your pension package. From year-end tasks to expat employees and correcting errors, there are a wide range of duties which all need to be managed by a specialist team.
When recruiting for payroll jobs, it is imperative that you think carefully about the different duties your team complete – and any additional tasks you want to implement – so that you can recruit someone who is able to carry out the job effectively, with work meeting the standards you have in place.
For assistance finding high calibre payroll temps, contact our specialist team on 020 7247 9455.