From dot matrix printers to global payroll complexities, Adam Flight's journey reveals how this often-undervalued function is the lifeline of your workforce.

In this episode, Adam Flight, a seasoned HR professional and Director of Payroll at Moore Kingston Smith, reveals why payroll is far more than just a monthly transaction - it's a key indicator of your business's health. With over 20 years of experience, Adam takes us behind the scenes of modern payroll management, debunking myths about "perfect" HR systems and shedding light on the constant legislative changes that keep payroll professionals on their toes. He emphasizes the importance of outsourcing to experts who can navigate the complexities of compliance, from pension auto-enrollment to the intricacies of salary sacrifice schemes.

Adam's insights extend beyond routine payroll processing, touching on crucial aspects such as the role of payroll audits in mergers and acquisitions, the challenges of global payroll management, and how payroll expertise can be a lifeline for businesses facing financial difficulties. His passion for the human side of payroll shines through as he discusses the impact of remote work on salary structures and the importance of viewing payroll as a strategic business function rather than a mere cost center.

Throughout the conversation, Adam reinforces a crucial message: in a world where a single payroll mistake can have far-reaching consequences, partnering with knowledgeable professionals is not just a convenience - it's a necessity for businesses aiming to thrive in an increasingly complex regulatory environment.

Episode Outline

(00:48) Adam's journey from in-house payroll to HR and payroll consultancy 

(07:46) The importance of business continuity and compliance in payroll services 

(11:20) The myth of the "perfect" HR and payroll system 

(13:32) The value of payroll and its impact on a business's most valuable asset - its people 

(17:36) Navigating complex payroll scenarios and the importance of expert advice 

(25:42) The ever-changing landscape of payroll legislation and its impact on businesses 

(32:36) The critical role of payroll audits in mergers and acquisitions 

(38:03) How payroll experts can assist businesses facing financial difficulties 

(41:01) Managing global payroll challenges and the importance of local expertise 

(43:55) The benefits of salary sacrifice pension schemes for employers and employees

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Credits

This podcast is produced by The Wave Podcasting