12 June 2023
The CIPP’s Benchmarking Survey 2023 is now open.
Benchmarking is an important process and allows you to compare your business's performance to that of others in the industry. Not only giving a point of comparison, but also data to identify areas where you excel or need improving. Benchmarking can improve productivity, increase efficiency and help gain a competitive edge. Benchmarking can generally be applied to any continuous development project.
By completing this survey, you will help to create a report based on the activities of the profession as a whole.
Once the report is complete, it will establish salaries, error rates and current trends so you can benchmark your company against current industry standards. This will aid you in decision making in the future and support you to identify where improvements and enhancements to your processes can be made.
Before you complete this survey, you will need to have to hand:
- The number of PAYE accounts operated
- The number of payslips produced each tax year
- The number of payslip errors identified
- Whether you met all statutory deadlines for payments / RTI files and other filing / other returns / producing statutory documentation / pension providers
- Payroll department budget
- Total overpayments value for 2022/23
- The number of data security breaches for 2022/23
- Details of any benefits you provide, including pensions.
We thank you in advance for your input in making the CIPP's 2023 Benchmarking Report a success.
Complete the survey here.
The expected closing date of the survey is 21 July 2023, at 11:45pm.
CIPP members have commented in the past that this is a great opportunity for research within your team, and therefore this survey can be given to a team member to complete and doesn't have to be completed at management level.
Information provided in this news article may be subject to change. Please make note of the date of publication to ensure that you are viewing up to date information.