30 October 2019 - Reading time: 5 Minutes
Employee engagement is a hot topic in the industry today, with organisations looking to maximise the potential of their workforce in the digital age. However, a recent Harvard Business report revealed that although 71% ‘rank employee engagement as very important to achieving overall organisational success’, only 24% of respondents say their employees are ‘highly engaged’.
There are countless benefits to ensuring that employees are engaged and happy. Engaged employees are more productive, communicate better, and are more invested in the success of the organisation, and that’s just the beginning. However, authentic employee engagement isn’t achieved overnight.
So, how can HR and payroll teams improve employee engagement and create a culture of happiness and productivity?
There’s no doubt that reducing manual workloads will be well-received by employees, but introducing digitalisation can also help to improve employee engagement. As outlined in a recent Forbes article, higher employee engagement can be achieved through ‘developing transparency and flexible communication’.
For example, a digital offering like SD Worx’s Digital Assistant can enable employees manage their HR administration digitally, and empowers employees to take control of their working lives with ease. By doing this, employees can easily manage their personal administration and can reduce the amount of manual processes they need to complete. Reduced stress equals better engaged employees.
Getting to know your employees sounds simple, but it’s surprising how many organisations don’t know who works for them. For multinational companies in particular, it’s really important for organisations to know their exact headcount, and then to be able to break that headcount down into understanding the diversity and talent in the organisation.
However, it’s equally important to know who your employees are. Taking the time to speak to employees to build a rapport will ensure that employees feel valued. Ultimately, feeling more valued will increase the engagement of employees within the organisation, and will consequently improve workplace productivity.
If the right HR and payroll processes aren’t in place and aren’t working, it’s likely that employees will become frustrated and less and less engaged over time. If you want your employees to be reliable, your HR processes also need to be reliable.
Ensuring that your HR and payroll are accessible to employees and that you are paying them accurately and on time is paramount in today’s fight for employee retention. Whether your HR and payroll processes are in-house or are outsourced to a provider, getting the basics right means that there’s an increased level of trust within the organisation.
However, many don’t realise how much power payroll has in an organisation. For example, with an integrated international payroll system in place, organisations can use the gathered payroll data to make informed business decisions that will help the organisation to engage employees and retain and attract talent.
Employees are the key ingredients when it comes to growing and expanding organisations. Without reliable and productive employees, the growth of the business will be limited and business leaders can expect to have an increased amount of churn.
Great employee engagement doesn’t happen overnight, it’s something that employers and their HR teams need to invest in. By investing in employee happiness, there’s no doubt that the effort will be reciprocated and employees will become better engaged.
To learn more about SD Worx, visit our website here.
The SD Worx team has been busy! Not only did the team exhibit and present at UNLEASH Paris 2019, but we also launched our brand new Global People Services offering for the mid-sized market across Europe.
Global People Services is the first integrated HR and payroll service focusing on the mid-market in Europe.
What will Brexit mean for the social security rights of UK nationals currently working in other EU states, and of nationals of the remaining 27 member states now in the UK? Will these cross-channel workers benefit, for example, from state pension contributions they made in the UK and vice versa if they return to their countries of origin?22 October 2019
There’s a buzz of excitement in the international HR community this October, as UNLEASH Paris will be kicking off in full force. As a European payroll provider leader, SD Worx will be in the front row.
Taking place at the Paris Convention Centre from 22nd-23rd October, SD Worx will launch its brand-new Global People Services offering at the event. It’s looking like a busy two days and we’ve got plenty of activities lined up—will you be joining us there?
The data accessible to HR and payroll professionals has the potential to inform areas of the business beyond its basic necessities. There are several types of reports that can help your organisation work more efficiently, each with its specific purpose. When utilised to its maximum potential, HR & payroll data can provide useful insights such as opening up a detailed understanding of the organisation’s workforce.22 August 2019
After a year and a half of negotiations, on 13 November 2018 British Prime Minster May and the European Union reached a technical agreement on the UK leaving the European Union. The deal sets out the general terms on how the United Kingdom and the European Member states will cooperate after the UK has left the EU. The impact for you as an employer with employees inside or from the UK is now also clear. What you should know.30 November 2018
Expanding businesses internationally can mean increased profit, a better reputation and more capital to invest in getting the best talent from your industry. But international businesses face newer challenges, chief among which is working with international teams that are based in various cities, regions, countries and potentially even continents.
12 November 2018
The SD Worx team has returned from another great annual UNLEASH conference. Over 5,000 attendees gathered at the RAI Exhibition and Conference Centre in Amsterdam – the site of the first conference seven years ago.7 November 2018
Business leaders are always searching for dynamic new ways to improve their business strategy, but there's one source of data which still remains largely untapped. There is a wealth of potential strategy ideas to be found in a place businesses already have unrestricted access to - their payroll system.
So, how can both large and small companies start utilising payroll data today to breathe new life into stale strategies?24 October 2018
If no agreement between the UK and the European Union is reached at the EU summit on 18 and 19 October, the transitional period that would have applied until the end of 2020 will expire. As a result, on 29 March 2019, the UK’s membership in the EU will end, and EU law will no longer apply. If your company employs people in or from the UK, this change could be far-reaching. So, take the bull by the horns and avoid unpleasant surprises caused by a ‘no deal’ scenario by making the right preparations.16 October 2018
September: the month that children dread as they make their return to school after the freedom of the long summer months. But for adults, especially those in the payroll industry, after the quiet summer period September should be a time to be motivated and to adopt that ‘back to school’ thinking. It’s important for teams not to be stagnant. In the ever-developing payroll industry, adaptability is key and so learning shouldn’t stop just because you’ve left school—in payroll and HR it’s all about continuous learning.18 September 2018
Is your HR and payroll team feeling the heat this summer? With the weather heating up, most of us want to get out and enjoy the sun or escape on a holiday. However, with more staff members out of the office, this can mean that the payroll team might be running on reduced numbers. And, typically, less team members results in a higher workload for those in the office. This is where HR and payroll technology can help, giving HR teams a well-deserved summer holiday.3 August 2018
The HR and payroll industry is in a constant state of change. New laws and regulations are introduced around the world, some of which—including GDPR—change the way the whole organization handles its processes and services.26 July 2018
Payroll data. How often do we stop and think about how important it is to a business? Although payroll is often viewed as a back-office function, it is an essential part of any organisation, and is much more than just payslips.5 July 2018
The multinational payroll market is growing at an impressive rate, with the entire payroll services market expected to reach 4.8 billion by 2021. The demand for international payroll services are increasing, due to the heightened need for compliance to local laws and legislations, and a demand for more comprehensive technology. However, even though the payroll market is growing, many organisations still aren’t unlocking the power of payroll.3 July 2018
The HR and payroll industry is in constant change, with digitalisation, GDPR, and the gig economy effecting the HR and payroll department in organisations around the world. So, how can you ensure that both your HR department and employees are able to keep up with the pace of change? It’s time to unleash the flexibility of your HR.26 April 2018
PAREXEL provides best practice examples to international organisations.
With the General Data Protection Regulation (GDPR) coming into effect in May 2018, all organisations who handle data of EU citizens will need to comply with new guidelines. By nature, HR departments hold personal and sensitive employee data, including payroll data. However, with an increasing amount of payroll and HR departments adopting automated payroll processes, the question arises: how do you become compliant in a digital world, especially if you are an international company?12 March 2018
The end of the payroll year is typically a very stressful time for payroll teams. With an extensive amount of tasks to be completed within tight deadlines, any mistakes can be costly.
However, the end of year process can be drastically simplified by engaging with tailored payroll software. This technology can be utilised to assist payroll professionals throughout the year, but how can it help payroll teams in April each year?27 February 2018
Technological advancements are helping to turn a vision of digitally accessible, automated payroll processes into reality. Here’s five predictions for the future of payroll:5 December 2017
A recent survey carried out by SD Worx revealed that out of 4,000 European employees surveyed, 44% had been paid late by their employers and 48% of those that had been paid late had also been paid incorrectly. The research exposes several risks for businesses associated with not paying their employees correctly: let’s explore the top three.13 November 2017
With Britain voting to leave the EU last June, 2016 was a big year for pan-European news. And, while the full implications of Brexit remain to be seen, it is clearly creating much discussion amongst business leaders who are already starting to plan ahead for the legislative changes that will no doubt impact both their operations and compliance.
One of the business areas most likely to be affected is international HR and payroll, so with that in mind, ‘Brexit and Business’ will be one of the key themes at our upcoming 2017 SD Worx European Conference. This year’s event will be bigger and better than ever before, taking place on the 8th February at London’s Hilton on Park Lane.