Innovation That Drives Business Success
Staying competitive isn’t just about following industry trends – it’s about leading them. At Offshore Payroll, we recognise that every business has unique needs, which is why we offer more than just standard payroll solutions. Our cutting-edge payroll software is designed to streamline operations and empower your business. For those requiring a customised approach, our bespoke development services ensure your payroll system is perfectly tailored to your specific requirements.
Tailored Solutions for Complex Payroll Needs
Offshore Payroll’s cloud-based software is built to handle a diverse range of payroll challenges, but we understand that no two businesses are the same. That’s why we offer bespoke development services to extend and customise the functionality of our software, ensuring it meets your exact needs. From system integration to the automation of complex processes, our expertise in bespoke development has helped global organisations optimise their payroll and HR operations. We provide the custom solutions that allow your business to run smoothly, no matter how complex your requirements are.
We gave already developed bespoke solutions for clients across various industries, addressing unique challenges and transforming their payroll operations. Some of our previous custom features include:
HRIS Integrations: Seamless connections between payroll systems and Human Resource Information Systems for streamlined data management.
Custom Nominal Ledger Exports: Tailored financial reporting that aligns with your business’s specific accounting structure.
Unique BACS File Requirements: Meeting specialised payment file formats and standards with ease.
Automated Payroll Processing: Enhanced efficiency with advanced payroll automation systems.
Data Import and Export Capabilities: Simplified data flow management between multiple platforms.
Advanced Reporting: Customisable, detailed reports to provide the insights you need.
Custom Payroll Benefits Solutions: Payroll benefits tailored to meet the specific needs of your employees.
Pension Administration Tools: Integrated tools that streamline pension management.
These examples only scratch the surface. The range of bespoke development possibilities is vast, limited only by your business’s needs and vision. Whether it’s integrating complex systems, automating intricate processes, or creating custom features that give your company an edge, Offshore Payroll is committed to delivering innovative solutions that empower your business.
Unlock Your Business’s Potential
The possibilities for bespoke payroll solutions are extensive, and we’re here to bring your vision to life. If you’re looking for a system designed specifically around your business’s goals and challenges, we invite you to explore the transformative potential of custom development with Offshore Payroll.
Contact us today to discuss your unique requirements and discover how our bespoke payroll solutions can give your business the competitive advantage it deserves.
Ross Huelin
September 19, 2024
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Meet our Team – Mike Edward
With over 25 years of experience in strategic HR management, Mike has a proven track record of successfully delivering complex, multi-jurisdictional projects. He recently joined Offshore Payroll as Managing Director, bringing his extensive expertise to support and enhance our commitment to providing world-class payroll software solutions.
Throughout his career, Mike has led numerous strategic initiatives, consistently ensuring excellence in operations management, financial oversight, team development, and stakeholder relations.
Before joining Offshore Payroll, Mike served as Global Head of HR for one of Europe’s leading hedge funds for nearly 12 years, followed by his role as Chief People Officer for a global Funds Services business. His involvement in multiple payroll integration projects has provided him with deep insights into the client-side dynamics of such initiatives.
Outside of the professional sphere, Mike has been a dedicated volunteer RNLI for the past six years, actively participating as a volunteer crew member on the Inshore and All-Weather lifeboat operations based in St. Helier.
When he’s not at work, Mike is a hands-on dad and enjoys life as a competent snowboarder, keen marathon runner, enthusiastic baker, struggling golfer, occasional surfer, and when time permits, a smiling motorbike rider.
December labour market report published by Statistics Jersey
Statistics Jersey have today published the December 2020 Labour Market report. Jersey’s labour market report is published every six months and covers key aspects of the job market for both the private and public sector.
In December 2020:
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the total number of jobs was 60,000. There was an annual decrease of 1,380 jobs (2.2%) since December 2019, the largest December decrease since at least 1998
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there were 51,470 jobs in the private sector. This was an annual decrease of 1,790 jobs (3.4%), its largest recorded decrease in December
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there were 8,530 jobs in the public sector. This was an annual increase of 400 jobs (4.9%)
At a sectoral level:
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seven sectors saw annual decreases in jobs; the largest decrease was of 1,040 jobs in hotels, restaurants and bars, which was the second-largest change recorded in any sector to date (with the largest being the annual decrease of 1,700 recorded by this sector in June 2020)
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the annual increase of 400 jobs in the public sector was driven by an increase of 330 in the number of Government of Jersey (GOJ) core employees (permanent and fixed term employees), which includes staff employed in response to the COVID-19 pandemic
Source: Government Jersey website (December Labour Market Report Published (gov.je))
Jersey Mini Budget – Changes to Jersey Payroll
An extensive package of measures to address the cost-of-living crisis, which formed part of the Chief Minister’s 100 day plan has been passed.
The aim of this package is to put almost £15 million back into Islanders’ pockets this year and almost £42 million in 2023.
The Minister for Treasury and Resources, Deputy Ian Gorst, said: “This mini budget will help individuals and families with their budgets in this cost of living crisis. I am pleased with the work we have done to help people with these broad measures at this time of need in the community.”
Some of the changes passed as part of the Mini budget will directly impact payroll in Jersey. A reduction from 6% to 4% for employee Social Security contributions, came into effect on the 1st of October 2022 for 3 months (ending on the 31st of December 2022).
Our clients won’t need to do anything, as the update to social security will go through to our databases automatically.
Also approved as part of the Mini budget was an above inflation increase of 12% in Income Tax thresholds and allowances, including Child Allowances, Additional Allowance and Child Care Tax Relief. From 1 January 2023 Income tax threshold for a single person will be raised from £16,550 to £18,550.
We will also be updating Jersey databases to reflect the increase in income tax thresholds from the 1st of January 2023 onward and will let our clients know if any action is required.
You can find more information about the Mini budget through the Government of Jersey website: https://www.gov.je/News/2022/Pages/MiniBudgetQandA.aspx
Source: Government of Jersey News Release.
“It has given us peace of mind”
The reporting section is extremely in depth and helpful. We have been using various reports to help create our own management reports which has led us to examine payroll expenditure easily.
Having the widgets to run through step-by-step payroll or adding a new employee ensures nothing is missed. Also, the accessibility due to being Cloud based.
It’s a great system! Easy to use, can be tailored to your specific payroll needs without being overwhelming and if you can’t find something in the extensive user guide then a team of experts is only a click away.
Emma McCaw – Consultant
