The Future of Payroll: AI, Data Reporting, and New Regulations Explained

This episode was taken from a live recording of the Payroll Question Time April ‘24 Webinar.

Join your host Nick Day on today’s episode of the Payroll Podcast as we dive deep into the latest payroll insights with industry experts Karen Thompson, Simon Parsons, Richard George, and Andy Nicholls. 

In this episode, we explore a variety of topics, from the potential of Artificial Intelligence (AI) in payroll to the intricate details of upcoming payroll data requirements set to take effect by April 2025. Our panel sheds light on the complexities of payroll compliance, the evolving role of AI and RPA, and the importance of maintaining data privacy and security in an increasingly automated world.

Discover how umbrella companies are navigating new regulatory landscapes and the impact of these changes on employees. Learn about the latest updates on holiday pay, including the practicalities of rolled-up holiday pay and the challenges of calculating pay for irregular and part-year workers. 

Get valuable updates on pensions, including employer obligations for employees reaching the age of 75 and the future integration of AI in pension management. Our experts share their insights on balancing automation with human expertise to enhance payroll processes and ensure compliance.

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Our Expert Panel:

• Simon Parsons, Director of UK Compliance Strategies at SD Worx
• Karen Thomson, UK Payroll Director, AAB
• Andy Nicholls, Industry Liaison Manager, The Pensions Regulator
• Richard George, Director of Education, The Payroll Centre

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Nick Day’s LinkedIn: https://www.linkedin.com/in/nickday/