Tuesday 6 November 2012

Payroll under disaster conditions


Millions of Americans may be short of electricity, water or a decent roof over their head after Hurricane Sandy, but are still hoping that their ‘pay check’ arrives. With power cuts potentially stopping regular payroll payments, companies without remotely situated data centres or other disaster plans could struggle to make payments. An article in Payroll World magazine looks at reactions of both employers and employees in the United States trying to cope. Martin Caddick, director of business continuity at PwC, says that larger businesses with facilities outside of the disaster zone will run last month’s payroll from remote centres “It may not be 100% accurate, but it puts money into the staff bank accounts,” he said. He advises that all companies should think of what they would do in a situation ‘analogous to a hurricane and have simple contingency plans to cope.” For more about disaster planning for payroll management read the full article at http://www.payrollworld.com/article/14509/magazine/hurricane-sandy-hits-us-payrolls