Has your legacy payroll system become time consuming, over-complicated and costly? Has it struggled to accommodate requirements such as salary sacrifice and pension provision? Regardless of your organisational size or employee status (temporary, permanent, paid weekly, paid monthly), you can rest assured that Opera 3 Payroll & HR is flexible and robust to handle your payroll needs.
Russel Bartlett, Celtic Manor Resorts
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.
Opera 3 Payroll offers integration with NEST and NOW: Pensions to streamline the process of submitting auto enrolment information and contribution figures.
Make the process of printing and posting payslips a thing of the past, saving money and valuable time.
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.
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.
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.
Opera 3 Payroll & HR is an award-winning payroll solution trusted by thousands of UK companies. It has HMRC Recognition and includes features such as email payslips & P60s, salary sacrifice and integration with selected pension providers to actively help you in your day-to-day tasks.
Watch a brand new demo on our latest feature added to Opera 3: email payslips and P60s
Opera 3 Payroll fully caters for salary sacrifice as standard. It calculates percentage based pension contributions and includes them within associated pension files and reports.
Key benefits of salary sacrifice in Opera 3 Payroll:
Watch our product demo to see it in action!