Gogeta’s Post

🏪 Grocery Salary Sacrifice can help your #employees save up to 8% on their supermarket shop. Especially in light of rising living costs, these #savings can really add up and make a difference to your teams' financial and overall wellbeing. Take a look at our recent blog post to find out why the scheme is in demand, and why you might not have heard of it yet ➡️ https://hubs.la/Q02qJgH_0

What is the Cost-Of-Living Adjustment (COLA) increase for 2025? The projected COLA for 2025 is 2.57%. The projection is based on the July Consumer Price Index (CPI) numbers, which is the first of three sets of numbers the SSA will use to determine the 2025 COLA. We will have to wait until October to find out what the final COLA for 2025 will be. For 2024, the Social Security COLA was 3.2%. There is no legal requirement for employers to provide cost-of-living adjustments. However, employees who are part of a union may have COLA pay as a part of their contract. COLA can be put into payroll system without an issue. Department heads need to turn in evaluations on a timely basis. A lot of times employees blame payroll for not getting there money on a timely basis.

With glimmers of hope at falling inflation and interest rates, it is easy to forget that we're still deep in the grip of a #costoflivingcrisis. Income inequality in the UK is rising (source: https://lnkd.in/eyJVtEe9) and that's bad for all of us (source: https://lnkd.in/edcJnz72). Inequality is a systemic risk. Iowa primary results may not be unrelated. We're working with partners at The Shareholder Commons to make the case to investors for companies to pay all workers a real living wage. This avoids externalising the costs of low pay, which are ultimately faced by long-term and diversified investors. #incomeinequality #livingwage #responsibleinvestment

On 25th January, shareholders in Walgreens Boots Alliance will vote on the first Living Wage proposal of 2024, calling on the company to establish wage policies that provide workers with enough to meet their basic needs. In the context of stagnating living standards and increasing income inequality, investors have the chance to support the principle that everyone deserves to earn a wage that meets the cost of living. ShareAction support this proposal (co-ordinated by The Shareholder Commons) and call on others to do the same. Living wages don't only benefit workers, but are in the long-term material interests of businesses and society. https://lnkd.in/eAGAbZqF

Day 9 of FreshPay’s 12 Days of Christmas! On the ninth day, celebrate the Telleroo Integration – where payment perfection is just a click away. Securely send payments without the risk of human error, ensuring your crucial details are handled flawlessly. Unwrap the ease of payroll precision. https://freshpay.cloud #FreshPay #MerryChristmas #Christmas2023 #Payroll #payrollsoftware #ChristmasCountdown

You as a #business owner should have lots of #choices *️⃣ Choices in which #pos system is the best fit for your company ⏭ Choices about what #pricing type fits your business model ✅ Choices in having, or not having #contracts 🔶 Choices as to when your #funds get deposited 🔷 Choices with your #payroll and #hr programs 💲 Choices in how you pay for #hardware and #software We give you lots of choices Rocco Catucci partnered with Integrity Payments We Make (Your) Business Easier #choices #betterpartner

Do you run a company in the catering and service industry? Are you aware of the upcoming changes to legislation about tips and what that means for your business? Tips are earned by your employees for service that customers think is good enough to be monetarily rewarded. The government is bringing new legislation into effect on 1st October that sees 100% of the tips a business collects from customers going to its employees. So what does this mean for businesses? The aim of the legislation is on "fairness and transparency". • Fairness: how will you ensure all workers get a fair share of the tips? Will it be based on hours worked, or influenced by more factors such as performance, length of service and job role? • Transparency: Your records need to be accessible to employees if they request them and their pay slips should distinguish tips as separate from their wage. Some things to also consider: 1. Tips must not supplement part of an employee’s wage; i.e. they need to be on NMW before tips are added. 2. Businesses must have a written policy re tips, gratuities, service charges & tronc and how any and all of these are utilised within the business. 3. Records of tips must be kept for 3 years from the date the tip is received from a customer, no matter what source. 4. Cash tips must be pooled, banked and distributed via payroll – avoid handing out cash tips after a shift and get rid of the tips jar on the counter if it isn’t being processed through payroll. Find more information on the 'Tips, gratuities, service charges and troncs' blog at https://lnkd.in/euBw_XZ9 Don’t know who can help you implement new legislation into your policy and business practices? WEDO #tipping #hospitality #tipsgratuityandservicecharge #HRPolicy  

At gogeta our mission is simple yet mighty: 💪 To help everyday working people’s salaries go further with innovative and easy to use salary sacrifice benefits 💪 We know salary sacrifice isn’t the most alluring name (we’re working on that one… 😅 )  but paying for things like groceries or nursery bills out of your gross salary, before tax and national insurance contributions, just makes financial sense 💡 To succeed in our mission, we need people to have a good understanding of how their gross and net pay is calculated and how they are taxed. Not everyone does. In fact studies have shown 20m people in the UK have poor numeracy skills. This is where our partnership with PayCaptain comes in. PayCaptain puts people at the heart of payroll, and is dedicated to helping people make sense of their sometimes confusing and complex payslips. PayCaptain were the first and only payroll provider to create a payslip that has been certified by Plain Numbers, meaning it’s clear and easy to understand, even for people with poor numeracy skills Together with PayCaptain, we want to help people understand the potential of salary sacrifice benefits to unlock big savings that make their lives better. Join us at our free webinar on the 18th April 2024 (12-1pm) where we’ll be discussing the power of payroll to unlock the best salary sacrifice savings for your employees. 👀 We’ll also be giving a sneak peak to our newest benefit, Gogeta Grocery, which lets employees save 10% on their grocery bills. 👀 Register here >> https://lnkd.in/duAGhEU4 #PayCaptain #gogeta #EmployeeBenefits #EmployeeWellbeing #Payroll #HR #PayCaptain #gogeta #EmployeeBenefits #EmployeeWellbeing #Payroll#HR

PayCaptain has made £5,000,000 of free wage advances to employees! That’s £5 million of unexpected expenses that people might otherwise have had to use risky and expensive lines of credit for. Instead, they can safely access money they've already earned with PayCaptain - all for free. PayCaptain's Emergency Cash feature can provide essential support for paying unexpected bills BUT having this provision on its own is not good enough. Used alone it does not solve the underlying issue of supporting people to build greater financial resilience. Emergency Cash is a responsibly controlled feature to allow limited access to accrued earnings, funded by PayCaptain, and without any charges. Accompanying this feature, PayCaptain’s “SmartPay” tools, such as Automatic Payroll Savings, Savings Pots and personalised Financial Wellness Surveys & Guides drive better financial security and help employees avoid the need to draw on their income in the future. In fact, 83% of people paid via PayCaptain said they feel more in control of their money - read our 2023 Employee Survey here >> https://lnkd.in/eFXGNuaj ________________________________________________________________________________ Find out more about PayCaptain’s approach to wage advances and how it can support your employees here >> https://lnkd.in/eNM5XPuv #Payroll #PayCaptain #EarnedWageAccess #FinancialWellbeing #EmployeeWellbeing #CostOfLivingCrisis #CostOfLiving

A recent payroll error left Woolworths Group pleading guilty in a $1.1 million wage underpayment case. A lack of operational vigilance when switching payroll systems can cause significant damage to companies. That's why choosing the right payroll partner is important, especially for businesses who have employees all around the world. Choosing us, means you no longer have to worry about payroll accuracy or compliance. We're here to help every step of the way. Find out more here 👇 https://bit.ly/3JWtbAw #PayrollError #PayrollSolutions #GlobalPayroll #activpayroll