Company system extracts payroll information in exactly the correct format

The number of £1 million bonuses paid out by HSBC this year has gone up. The bank confirmed that it gave 204 workers bonuses of more than £1m for 2012, whereas the figure was 192 in 2011. This included 78 employees in the UK, an increase of 14 from the previous year. The financial package awarded to group chief executive Steven Gulliver included a £2 million bonus. Fantastic though this may seem, this is £614,000 less than his take-home in 2011, when he received £8m.

Worrying about how the company payroll operates is a thing of the past using a Tensor network. Tensor is the leader in exporting information to the payroll system and has worked with all of the major payroll packages. Our comprehensive Time and Attendance systems have a wide range of configuration options to extract payroll information in the correct format. They can share or receive information from third party applications by using readily available interface modules.