One of the most onerous tasks inherent in temporary staffing is payroll. Processing the pay of tens, hundreds and even sometimes, thousands, of staff per month is time consuming and open to error, especially if the process of collating & calculating pay is over reliant on spreadsheets and man hours. Crucially, errors in payroll have significant knock on effects, whether financial (paying too much or the wrong people) or reputational.
Watu‘s Payroll solves this headache with two options for our customers:
Option 1 – Gross Pay – 3 clicks and about 15 seconds of work will produce a gross payroll readout, giving you two reports: an overview report showing which staff are due money, what they are owed and how to pay them (bank details). The second report is more in depth, giving a detailed read out of each staffers gross wages split by each job that they have done. The CSV read out is designed to contain all the information needed to run a net payroll through SAGE.
Option 2 – Net Pay* – The same 3 clicks & 15 seconds of work, only this time there is a little delay, average 30 minutes, whilst the net summary is calculated. You can continue to work in Watu whilst this is happening. Approx 30 minutes later you receive your net pay run, including all holiday pay, maternity pay etc. and digital pay slips in each of your staffers dashboards. We also log the information with HMRC in compliance with new RTI regulations.
Both solutions are designed to make your payroll error free, fast and of benefit both to the managers using it, and your staffers who are able to access all of their pay information in their dashboards.
Gross Pay is included within our monthly subscription fee and our net payroll solution is charged at £2 per payslip.
* Net pay is only currently available in the UK.