In his Autumn Statement Chancellor George Osborne revealed public sector pay rises are to be capped at one per cent for two years. This follows a two year pay freeze for public sector staff. The Chancellor also has announced that UK economic growth would be lower, and borrowing higher, than was forecast during the Budget in March. Mr Osborne told MPs the UK economy was now forecast to grow by 0.9% this year.
Office clocking package handles all major hours calculation methods
A major requirement of any Time and Attendance system is the ability to export information to the payroll system. Tensor has worked with all of the major payroll packages and our WinTAnet office clocking system handles all major hours calculation methods. The Tensor WinTAnet system has a wide range of configuration options to extract payroll information in exactly the correct format. It can share or receive information from third party applications by using readily available interface modules. Data transfers can occur either on demand or more usually as an automated process.