Publish employee payslips securely via the web for access & download
An online payslip is an electronic version of the traditionally printed or paper payslip that an employee receives. It is accessed securely online via a company intranet or an employee self service facility.
The online environment has the capacity to give more information than is possible on printed payslips. This might include details of benefits the employee receives and their perceived value, bonuses or perhaps information relating to expense claims. Implemented correctly, online payslips can enhance the reward relationship between employees and their employer often helping to improve staff morale and retention.
Both current and historical payslips are available to employees as required. This may prove useful when fulfilling a financial application, where back issues of payslips are required as supporting documentation. The employee can provide all copies without consulting their HR or payroll department.
From a practical perspective, online payslips can eliminate many manual administrative tasks, such as printing, sealing, sorting and delivering payslips. This can significantly reduce the cost of providing payslips, particularly in large or multi-site organisations.
The Green Agenda
The Green Agenda remains a high priority for many organisations. Online payslips offer a more efficient and streamlined process which is also environmentally friendly.
Employees are able to access their online payslips 24/7 as long as they have web access. They also have immediate access to their pay information as soon as the payroll process is completed. This results in quick resolution of pay queries and issues.