Get Ready: Seamless Secondary Pensions Submissions for Guernsey and Alderney are Here!
We’re excited to announce the launch of our new secondary pensions functionality for Guernsey and Alderney. This game-changing feature allows you to manage pension schemes and submit Government returns directly through Offshore Payroll, all in line with the new mandatory secondary pensions legislation.
Clients Are Already Raving! One of our clients, who’s has recently onboarded to Offshore Payroll, told us: “Wow… this is a thousand times better than our current process!”
We’re thrilled to see such great feedback and can’t wait for you to experience the same ease and efficiency.
What You Need to Know
To ensure a smooth transition, we’ve outlined the key fields you’ll need to update for your Guernsey and Alderney employees using our effortless imports function:
- Date of Birth
This will now be mandatory for all employee records as it is required in the new secondary pensions returns.
- Occupation Code
You’ll need to add a 4-digit occupation code for each employee to meet the new Government reporting requirements. Check out the link for more details: https://www.gov.gg/ocodes
- Opted Out Until Date
If an employee opts out of the pension scheme, you’ll need to provide an “opted out until” date, which will be submitted as part of the Government return. More details are available on https://www.gov.gg/Secondary-Pensions
- Deferred Until Date
While this field isn’t part of the official return, it’s handy for keeping track of deferral periods. See more information on deferred enrolment [https://www.gov.gg/article/198147/SP1—Notices-of-Enrolment-and-employers-obligations]
- In Full-Time Education
A simple tick box will let you mark employees in full-time education, and this will be included in your pension return.
Be Fully Prepared with Our User Guide
To help you get up to speed, we’ve created a comprehensive suite of user guides with all the steps you need to take for a seamless transition to secondary pensions.
We’re committed to making your payroll process as easy as possible!
September 19, 2024
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Embracing Modern Payroll Technology
In today’s fast-paced business environment, getting payroll right isn’t just a matter of paying employees on time – it’s about maintaining trust, boosting productivity, and creating a workplace where things run smoothly. Payroll errors, often underestimated, can turn what should be a straightforward task into a frustrating experience for both employees and business owners.
The good news? With the right tools, payroll can go from a headache to a highlight! Believe it or not, payroll errors are more common than we think. In fact, nearly 9 out of 10 UK businesses faced payroll issues in 2022. These mistakes, whether small or significant, usually lead to late or incorrect payments. The ripple effect of such errors can be felt throughout the entire organisation, leading to unhappy employees, unnecessary stress, and time wasted on troubleshooting.
According to Personnel Today, some companies are spending more than 12 hours a month fixing payroll mistakes – valuable time that could be better spent growing the business. But there’s no need to get bogged down by these numbers. The solution is simpler than ever: modern payroll technology. True Cloud-based payroll systems, like Offshore Payroll, are transforming how businesses handle payroll, making it a seamless, efficient process.
Many companies recognise that upgrading their payroll system can significantly reduce errors and save time but concerns about cost and implementation can often cause hesitation. Offshore Payroll is here to change that perception. We believe that powerful, intuitive payroll software should be accessible to all businesses, regardless of size and without the stress or high expense. Our smart import tools make transferring payroll data and initial set up a breeze, and our dedicated relationship managers guide you every step of the way.
Once you make the switch, you’ll wonder why you didn’t do it sooner. No more hours wasted on fixing errors – just more time to focus on what truly matters: growing your business. It’s a smart investment that pays off, leaving both you and your team more satisfied, productive, and ready for the future.
Offshore Payroll announced as supporting sponsor of DisruptHR conference
Returning to St Helier for their fifth event in the Channel Islands, DisruptHR is a global movement designed to energise, inform and empower people in the fields of people, business and the future of work.
Once in a while, an event series is born that shakes things up, makes you think differently, it leaves you inspired, this is DisruptHR.
14 speakers, just five minutes each, and slides rotate every 15 seconds. Over 250 global cities across 6 continents have hosted this phenomenon.
Offshore Payroll is delighted to be announced as a supporting sponsor for Disrupt St. Helier 2024, with Offshore Payroll’s very own Megan Rolland included in the line-up of speakers.
Speaking on the announcement Director, Jeralie Pallot has said “As a team, we are very proud to be a supporting sponsor of this thought-provoking event that challenges traditional HR practices. We are especially excited to be supporting Megan on stage as she disrupts conventional thinking on payroll; with thoughts on transforming a routine administrative task into a powerful strategic tool for developing meaningful connections. We live in a world that thrives with change, where agility and adaptability are the keys to success – why should payroll be any different?“
Interested? Tickets are now available on Eventbrite click here, we look forward to seeing you there!
December labour market report published by Statistics Jersey
Statistics Jersey have today published the December 2020 Labour Market report. Jersey’s labour market report is published every six months and covers key aspects of the job market for both the private and public sector.
In December 2020:
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the total number of jobs was 60,000. There was an annual decrease of 1,380 jobs (2.2%) since December 2019, the largest December decrease since at least 1998
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there were 51,470 jobs in the private sector. This was an annual decrease of 1,790 jobs (3.4%), its largest recorded decrease in December
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there were 8,530 jobs in the public sector. This was an annual increase of 400 jobs (4.9%)
At a sectoral level:
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seven sectors saw annual decreases in jobs; the largest decrease was of 1,040 jobs in hotels, restaurants and bars, which was the second-largest change recorded in any sector to date (with the largest being the annual decrease of 1,700 recorded by this sector in June 2020)
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the annual increase of 400 jobs in the public sector was driven by an increase of 330 in the number of Government of Jersey (GOJ) core employees (permanent and fixed term employees), which includes staff employed in response to the COVID-19 pandemic
Source: Government Jersey website (December Labour Market Report Published (gov.je))
“a modern and progressive payroll package”
Submitting the CER at the click of the button is brilliant!!! My manager could not believe it, no more manual calculations.
Running Jersey payroll is now faster, it generates various payroll reports that we find helpful. I would happily recommend.
Mumba Chomba – Management Accountant
