ADP Payroll Around The World - Payroll in the United Kingdom

Payroll in the United Kingdom

09/13/24 • 27 min

The United Kingdom is a crucial launchpad for international businesses, with a globally renowned financial sector and home to the world’s most widely used legal system. While this makes the U.K. an appealing destination for multinationals, payroll professionals must also be aware of the country’s complex minimum wage and holiday pay laws as well as rapidly changing regulations.

We’re joined by ADP experts Sirsha Haldar and Ben May as they guide us through common compliance pitfalls and U.K. payroll regulations in this episode of Payroll Around the World. We’ll cover how minimum wage in the United Kingdom isn’t just about paying someone the correct hourly amount, and how holiday pay can quickly become confusing for seasonal and part-time workers. We also speak to Roberto, a minimum-wage employee at a cinema in London who takes on various roles at his job, which leads to regularly switching between different pay categories.

Timestamps

Intro [00:06]
What’s unique about payroll in the U.K.? [05:19]
The U.K.’s labor market and its effects on payroll [06:37]
Introducing the National Minimum Wage [07:55]
Roberto’s story [12:43]
Penalties for miscalculating the minimum wage [17:58]
What is ADP doing to help clients stay compliant? [20:00]
Complexities around holiday pay calculations [20:45]
What do you love about working in payroll? [24:06]

Credits

Executive Producers for ADP: Nicola Smith and Kate Allen
Executive Producer for Storythings: Matt Locke
Recorded, edited, mixed and mastered by: Chris Mitchell
Scripted and hosted by: Luisa Rollenhagen
Guest interview recorded by: Hannah Dean
Project Manager: Aimee Perrinjaquet

Hosted on Acast. See acast.com/privacy for more information.

Timestamps

Intro [00:06]
What’s unique about payroll in the U.K.? [05:19]
The U.K.’s labor market and its effects on payroll [06:37]
Introducing the National Minimum Wage [07:55]
Roberto’s story [12:43]
Penalties for miscalculating the minimum wage [17:58]
What is ADP doing to help clients stay compliant? [20:00]
Complexities around holiday pay calculations [20:45]
What do you love about working in payroll? [24:06]

Credits

Executive Producers for ADP: Nicola Smith and Kate Allen
Executive Producer for Storythings: Matt Locke
Recorded, edited, mixed and mastered by: Chris Mitchell
Scripted and hosted by: Luisa Rollenhagen
Guest interview recorded by: Hannah Dean
Project Manager: Aimee Perrinjaquet

Hosted on Acast. See acast.com/privacy for more information.

Previous Episode

Payroll in India

Any company looking to expand their global reach must have India on their radar. With a population of over 1.4 billion people, it’s the world’s most populous country and well on the path to becoming the world’s fourth-largest economy. The country is also very young: 65% of India’s population is under the age of 35. This demographic has shaped work trends on the ground, with a strong emphasis on digitalization and personalizing benefits to meet employee needs. While India presents vast opportunities for multinational businesses, its payroll challenges are unique and require local expertise.

In this episode of Payroll Around the World, we travel to India to explore the world of payroll in this economic powerhouse. ADP experts Rahul Goyal and Ramesh Dayalan share their expertise on running payroll in India and give listeners detailed insight into what multinationals need to know about work and pay in the South Asian country. This includes understanding the compliance regulations around Aadhaar, the world’s largest biometric ID system, and the growing trend of offering employees personalized benefits packages. We also speak to Sindhu, a single mother who’s had to make some career changes in order to accommodate her children’s needs.

Subscribe to ADP Payroll Around the World to stay up to date on all things global payroll. Learn more at https://rethinkq.adp.com.

Follow ADP in India on LinkedIn at https://www.linkedin.com/company/adp-india-payroll-hcm/

Timestamps

Intro [00:05]
What’s exciting about payroll in India? [03:44]
Introducing Aadhaar [06:32]
Sindhu’s story [12:12]
What is ADP doing to help multinationals in India? [20:11]
India’s young workforce and their expectations [23:48]
The importance of financial wellness [25:03]
A “bouquet of pay components” [27:04]
How is ADP promoting financial wellness? [29:17]
Upcoming payroll trends [32:35]

Credits

Executive Producers for ADP: Nicola Smith and Kate Allen
Executive Producer for Storythings: Matt Locke
Recorded, edited, mixed and mastered by: Chris Mitchell
Scripted and hosted by: Luisa Rollenhagen
Guest interview recorded by: Kaukab Shairani
Project Manager: Aimee Perrinjaquet

Hosted on Acast. See acast.com/privacy for more information.

Next Episode

Payroll in Brazil

Brazil is South America’s largest economy and has traditionally relied on agriculture and manufacturing, but sectors such as e-commerce are also starting to thrive. While this makes Brazil an attractive market for multinational businesses looking to gain a foothold in the South American continent, they’ll also need to contend with challenges surrounding the country’s rapidly changing legislative landscape and the prevalence of sector-specific unions, with the latest figures registering 8.4 million people as union members in jobs such as fast food restaurant employees, hotel cleaning staff, and bakery employees.

In this episode, we’re joined by ADP experts Beatriz Neves and Luiz Bernabe, who give us their best tips on navigating the country’s union landscape and dealing with rapidly changing laws, which can often come into effect retroactively. We’ll also talk about the role ADP Brazil’s own legal team plays in advising the government on legal changes, and how they help clients stay compliant. In addition, we speak to Jocinete, a hotel maid in São Paulo who’s a union member that represents hotel workers.

Timestamps