Finance

Income Group at the CIPP Annual Conference & Exhibition

Income Group attended the CIPP annual Conference and Exhibition on 4th & 5th October 2023. The conference provided an invaluable opportunity for payroll professionals to discuss all the latest news and changes in the industry, including Earned Wage Access! It was a great place to learn, get updated on key issues and grow our personal …

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Boosting Employee Productivity with Earned Wage Access

Financial stress can have a substantial impact on an employee’s well-being, affecting their ability to work. Living paycheck to paycheck can cause ongoing anxiety and distractions for many people, which can harm their productivity. Earned Wage Access (EWA) can reduce this stress and thus increase employee output. In this blog we’ll look at how EWA …

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Monthly pay or weekly pay – the advantages and disadvantages

What is better, monthly pay or weekly pay? Generally, most people in the UK are paid on a monthly basis. However, some jobs are better suited for payment on a weekly basis, such as those in hospitality, retail and customer service. One way to bridge the gap between paydays in Earned Wage Access – where …

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Cash Flow Optimization Strategies for Your Business

In the world of business, a healthy cash flow is vital for maintaining day-to-day operations, investing in growth, and preparing for unexpected challenges. Whether you’re a small start-up or a more established business, managing your cash flow effectively can make the difference between being successful and unsuccessful. In this blog, we’ll explore a selection of …

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The Future of Work | Five Emerging Trends

The Future of Work | Five Emerging Trends to Expect

Growing trends are inevitable in the workplace. As the modern world constantly develops, the workplace and the workforce need to grow and improve with it. Because of this, Income Group’s Marketing Assistant Alice reached out to two prominent figures in the HR and payroll community to get their valuable and honest opinions on the trends …

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Managing Money in Uncertain Times

Navigating Financial Uncertainty: Effective Money Management Strategies In today’s rapidly changing world, uncertainty around finances have become a constant concern. Economic fluctuations, global crisis, and personal financial challenges are just some the uncertainties that individuals and families face. In such times, managing money wisely and efficiently becomes vital to maintaining financial stability and securing a …

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Salary Advance

Salary advance schemes | 7 reasons why small businesses should offer it

There are many factors for an employer to consider when running a business. One of the main things an employer must think about is the best way to pay their employees. In this blog, we will discuss seven reasons why small businesses should be offering a salary advance scheme as an alternative to the typical …

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We asked ChatGPT to answer Payroll’s most FAQs – is it right?

Payroll processing is an essential aspect of running any business. However, with so many rules and regulations, it can be a challenging and time-consuming task for business owners and payroll professionals alike. Advancements in artificial intelligence mean there are now tools available that can help streamline the process and provide quick and accurate answers to …

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How to run payroll for temporary staff

Temporary staff or contract workers are employees who are hired for a specific period, often to meet short-term needs within an organisation. These workers are not considered permanent employees and are typically employed through staffing agencies, temporary staffing firms, or directly by the business itself. Why does a business need temporary staff Temporary staff might …

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