National Payroll Week is just around the corner, taking place September 6 – September 9 2022, so what better opportunity to refresh your knowledge of payroll features than with a Pegasus Opera 3 Payroll key features refresher.
The Pegasus Opera 3 Payroll module provides all the functionality a business needs to work out PAYE, NI contributions and statutory payments, as well as adhering to all HMRC PAYE standards. The application is completely scalable and therefore can be used by both small and large companies and groups with multiple businesses. Training, disciplinary, absence, role changes and salary can all be documented on your employees within the HR section.
Our Top 3 Pegasus Payroll Features
Salary sacrifice is becoming more and more popular with companies deciding to use it with their pension schemes and can be financially beneficial for both employers and employees.
Under a salary sacrifice arrangement, an employee gives up some of their cash earnings in return for new or increased entitlements to non-cash benefits provided by their employer. Apart from pension contributions, non-cash benefits include childcare vouchers, cycle schemes, travel, subsistence allowances and others.
It’s included as standard with Opera 3 Payroll and is very quick and simple to set up. Salary sacrifice can be used for both pension and non-pension sacrifices.
Pension Provider Integration
Opera 3 Payroll offers integration with NEST and NOW: Pensions to streamline the process of submitting auto enrolment information and contribution figures.
NEST Pensions and NOW: Pensions are cost-effective pension schemes that are available for any employer. Integration with these schemes is an optional feature of Opera 3 and allows seamless linking to the NEST and NOW: Pensions online portals. It’s simple and easy-to-use processes streamline submission of information to pension providers and ensures that information submitted is relevant and accurate.
Simplified communication between employer and pension provider that reduces costs and saves you a considerable amount of time.
Make the process of printing and posting payslips a thing of the past, saving money and valuable time.
To help you move closer to a paperless office and support a mobile workforce, the Email payslips & P60s feature comes as standard with Opera 3 Payroll, at no extra cost. Emailing payslips to employees will make your payroll run much more cost-effective, efficient and environmentally friendly.
It’s secure, so payslip and P60 pdfs are password-protected. All previously emailed payslips/P60s can be viewed in Employee History and each payslip or P60 can be previewed before being sent. You can have up to three additional PDF attachments that can be added to the emails and employees can save and easily access all their payslips and P60s electronically.