Feb 2018
27
Accountex Summit North is the NEW one-day conference dedicated to the accounting profession. This conference is all about learning, connecting and networking. It will take place at Manchester Central on 6th March 2018 and will attract over 1,000 people.
In today’s world it’s so easy to attend and watch a webinar from the comforts of your own bed or even while relaxing on holidays from practically anywhere in the world. But, there are many benefits and reasons why we choose to attend these conferences. Although, you can conduct meetings, watch online software demos, interviews and provide training without leaving your home/office, nothing can substitute for live, in peron business conferences.
Face-to-Face Networking
At BrightPay payroll, we believe that one of the most important aspects of a business conference is your ability to network and form relationships with other businesses and attendees. You become more than just an email address or a screen name by meeting face-to-face. When reaching out to people you met at a conference in the future, they will be more receptive if you left a good impression when you met in person.
Observe Visual Cues
These non-verbal communication elements such as body language and the overall atmosphere and environment allows you to remember knowledge from a previous experience. At Accountex Summit North, there is a range of high profile keynote speakers offering the latest insights, focusing around a main auditorium.
Direct Contact
Attending conferences such as Accountex Summit North puts you in direct contact with potential clients, software providers and customers in a setting where they will be receptive to hearing about your business ideas or recommendations.
Observe your Competitors
One of the reasons you attend a business conference is to learn the best ways to improve and grow your business. Your competitors are there for the exact same reason. Live events allow you to observe and learn what strengths and weaknesses your competitors may have. You can use this information to gain a competitive edge.
Promote Creativity & Innovation
Taking a break from your day-to-day activities to attend a live event helps you develop new ideas in a change of scenery, because being in business doesn’t mean all work no fun!
Visit BrightPay’s stand
Come visit us at stand number 33 at Accountex Summit North on the 6th March 2018 to see for yourself how our payroll software, BrightPay can benefit you and your business. BrightPay is incredibly flexible, letting you run your payroll with ease, no matter what type of employer you are or what your situation is.
We will run live demos at Accountex. Call over and speak to one of our experts to see just how useful BrightPay can be.
Alternatively Click here to book a demo of our software.
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Feb 2018
2
Ireland looks to follow in the footsteps of the UK and introduce a workplace pension reform by 2021. The Irish prime minister, Leo Varadkar announced that Ireland is planning an auto enrolment pension system that would see all employees enrolled into a workplace pension scheme by their employers. While details are still being finalised it is likely that Ireland will replicate many of the processes that were rolled out by the UK.
Similar to the UK, Irish employees are not saving enough for their retirement. To combat this, the Irish government wants employers and employees to contribute towards a workplace pension scheme to prepare for retirement.
Varadkar states:
“This issue has been long-fingered for too long, and now that the economy is recovering strongly we must act decisively, and we will publish a five-year roadmap for pension reform before the end of the year. This will include the introduction of an auto-enrolment pension scheme for private sector workers, two-thirds of whom currently have no occupational pension to supplement their State pension.”
Certain Irish employer groups are opposing the move for auto enrolment citing the administrative and financial burdens it will create. The concept is being driven by the fact that the Irish government will not be able to support the growing aging Irish population into retirement. Auto enrolment is an effective retirement strategy that will increase employees savings towards a more financially secure retirement.
The auto enrolment concept has been hugely successful and proved in Australia, New Zealand, and the UK. The aim of a pension reform will allow every employee access to a workplace pension scheme that is provided by their employer by law.
Written by Karen Bennett | BrightPay Payroll Software
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Feb 2018
1
The countdown is on!! The General Data Protection Regulation (GDPR) comes into effect on 25th May 2018, however this date is a deadline as opposed to a starting point. With hefty non-compliance fines, it is important to make sure you are prepared. Register now for our free webinars designed specifically for employers and bureaus.
Employer Webinar (13th March) | Bureau Webinar (6th February)
The automatic enrolment minimum contribution rates are increasing on 6th April 2018. The minimum employer contribution rate will rise from 1% to 2% of the employee’s earnings, while the total minimum contribution will increase substantially from 2% to 5%. How will this ‘phasing’ process affect opt-out rates and the public perception of automatic enrolment?
Find out more | Register for free webinar
GDPR is changing how we communicate with you. After May 2018, we will not be able to email you about webinar events, special offers or other news without you subscribing to our newsletter. Don’t miss out - sign up to the BrightPay newsletter today!
BrightPay is delighted to announce that we now offer API pension integration with Aviva. This integration allows users to send enrolment and contribution files to Aviva at the click of a button, eliminating the need to manually save and upload files. Reduce your workload and the risk of error due to manual processing.
BrightPay and BrightPay Connect are now available to pre-order. We will send you an email closer to the 6th April once your new BrightPay is released and ready to download.
With BrightPay Connect, you don't need to worry about manually backing up your payroll data. The add-on will automatically and securely backup your payroll information each pay period ensuring that you never lose your payroll data. This also protects the payroll data against ransomware and similar threats.
Since 1 October 2017, thousands of start-up businesses have instant pension duties, and more than half will have to enrol staff into a workplace pension. The Pensions Regulator highlights the success of auto enrolment to date in its fifth annual commentary and analysis report.