What you pay your staff will have a huge impact on your business. It can give staff a clear message of what they are worth and how they are valued and if staff don’t feel valued morale will be low, performance will be down and they may even leave.  It is important therefore, that you take great care when setting pay rates for the very first time and that you understand the impact pay will have on your service.

There are certain obligations and statutory pay rates and systems that you must adhere to, which can make pay quite complex. It is wise therefore, to make sure that you make use of and have good advice around you. This advice and guidance could come in the form of your business accountant, statutory guidance from government offices and also in the form of a payroll service who could run the payroll system for you. However, it is important to make sure that you keep yourself up to date with the statutory requirements, as you have the ultimate responsibility for paying your staff and any mistakes that are made.

Within this section you will find information on what to take into consideration when you are deciding what to pay your staff, what systems are available, guidance on statutory requirements and further obligations around Sick and Maternity pay, etc.

 

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