London, UK: 4th September, 2024 – HiBob, the company behind Bob, the modern HR platform transforming the world of work, today proudly announces the launch of UK Payroll, a next generation payroll processing product for the UK workforce.
Integrated with Bob’s HR platform, the new UK Payroll solution creates a single source of truth for HR teams, payroll specialists, and employees alike, leveraging HR and payroll data within Bob such as sick leave, holidays, variable payments, and policy changes to keep payroll up-to-date. It means you can onboard new hires at any time, manage their payroll with ease, and offboard employees seamlessly to make processing payroll easier and accurate.
Payroll teams can confidently process end-to-end payroll for their UK employees. Running wage calculations, making salary and tax payments, and reporting automatically to HMRC and pension providers, ensuring full compliance and delivering a seamless, all-in-one experience for employees.
“Organisations face a persistent challenge in managing finances and payroll, especially as they grow and expand. Refining payroll processes is crucial not just for simplifying operations and maintaining compliance, but also in delivering an agile, people-first approach to payroll,” says Ronni Zehavi, CEO and co-founder of HiBob.
He continues: “Gone are the days when payroll admins need to deliver data days or weeks in advance of payroll runs, or when employees need to log in to many different systems to ensure their payslips are accurate. With HiBob’s people-first approach, companies now have an end-to-end payroll and HR solution that centralizes operations and reduces administrative overhead. This shift is essential for transforming payroll from a basic business function into a strategic asset that supports efficiency, growth, talent retention, and long-term success.”
Embracing next-gen payroll systems isn’t just about keeping up; it’s about getting ahead. HiBob’s UK Payroll solution reduces errors and provides greater transparency to employees, enhancing satisfaction and reducing the need for costly corrections. It’s a forward-thinking move that aligns with the needs of modern business and sets the stage for sustainable success.
About HiBob
HiBob is at the forefront of HR innovation, transforming the way organizations operate in the modern world of work with its award-winning HCM Bob. Its modular approach caters to the needs of multinational companies seeking agile technology and robust analytics to support operations across distributed workforces in the ever-evolving economic and workplace landscape. Companies using Bob are able to accelerate hiring, retain the best talent, upskill and elevate employee experience.
More than 4000 global businesses serving hundreds of thousands employees worldwide – including Uala, The Josh Bersin Company, Fiverr, The&Partnership, and VaynerMedia – appreciate its ease of use, high configurability and the ability to customize based on business requirements. The platform’s high adaptability and focus on people engagement and community creation are seen in its consumer-grade user interface, providing easy access to HR processes while fostering engagement.
Awarded one of the best places to work in 2023, HiBob’s global team of “Bobbers” come together to build the exceptional in an inclusive and empowering culture. For more information about HiBob, visit www.hibob.com.