Payroll & Reward

Organisations need a payroll strategy that's accurate, timely and scalable, one that supports how your business evolves without adding complexity. 

Today’s digital world moves fast. Keeping up – and pushing ahead – means choosing the right applications for your business and using them properly to stay competitive and keep your customers happy. However, the challenge of managing these applications effectively turns many business owners away. Luckily, we have Application Maintenance Services (AMS) to make sense of the chaos. 

In the fourth episode of SAP HR Mavericks podcast, host Silvia Moreno explores the vital topic of payroll with guest Luke Marson. They discuss how SAP's Employee Central Payroll integrates with HR functions to streamline payroll management.

Key Discussion Points:

• SAP and Employee Central Payroll: An overview of how SAP solutions enhance payroll efficiency.
• Innovative Practices: The role of automation and technology in modern payroll processing.
• Employee Experience: The importance of transparency in payroll for boosting employee trust and satisfaction.
• Compliance: Addressing the need for adherence to local regulations and risk management.
• Future Trends: Insights into data analytics and flexible pay options shaping the future of payroll.

Get the most out of your payroll by building on a strong, solid foundation. Then, make the most of all the new AI and automation features in payroll - our resident SAP expert Luke Marson shows you how. 

Getting started with pay transparency means kicking things off with clear and open communication about your reward policies. While many companies are already diving into this, there’s still plenty of room for improvement. Our research shows that fewer than two-thirds of employers are fully up-to-date on the legal rules around pay transparency, which should be the backbone of your approach. So, where does your company stand compared to the rest?

Join us for the final episode of the Sparking Reward Navigator Podcast, where Bruce Fecheyr-Lippens, People director and Pieter-Jan Boden, Reward director delve into the intricacies of achieving true pay transparency and equity.

In Episode 3 of the Sparking Reward Navigator Podcast, join Bruce Fecheyr-Lippens and Pieter-Jan Boden as they delve into the importance of personalizing reward packages for employees.

 Reward Navigator Serie 2024 draws on data from 18,000 employees and 5,118 HRDs across 18 countries, making it Europe's largest annual HR research project. This year, SD Worx researchers focused on Payroll, Reward, and Time Management, exploring how these aspects of company strategy impact both employers and employees.

Tune into Episode 1 of the Sparking Reward Navigator Podcast, where our own Bruce Fecheyr-Lippens, People director and Pieter-Jan Boden, Reward director explore how SD Worx has crafted a reward strategy that not only meets but exceeds employee expectations.

Pay transparency is more than just a buzzword; it’s a critical component of a fair and equitable workplace. According to our research, internal equity (36%) and pay transparency (35%) are among the top challenges employers face on the reward front. Despite these challenges, only 37% of employees are satisfied with the transparency of their organization’s reward policy, and a mere 39% are satisfied with the communication about this policy and any changes to it.

Choosing the right flexible benefits platform is key to creating a reward strategy that truly resonates with your employees. Despite the clear value of non-financial benefits, only 38% of employers currently recognize their importance. Additionally, just 20% of employers are investing in a flexible composition of the reward package.

Providing flex benefits, or flexible benefits, is a smart reward strategy that enables employees to select from a variety of options that best suit their personal needs and life stages. Our research shows that simply offering a range of benefits isn't enough. Employees value the ability to tailor their benefits packages, ensuring they receive the most relevant support for their current situation.