Payroll regulations are rarely the same for any two countries. And if you've looked into taking your business’ operations global, chances are you've come across the concept of a '13th-month salary' or perhaps a 14th-month salary. Whilst 13th-month payments don’t exist ...
Payroll is an inescapable responsibility for all businesses worldwide. Whether you’ve got one employee or thousands, everyone needs to get paid the right amount on time — every time. However, how a business runs its payroll is governed by each country’s ...
In a small business, you are running the entire show, wearing a dozen hats. From payroll to accounting, you are achieving these complicated tasks single-handedly. But, did you know that HR and payroll outsourcing can help you to reduce your workload? ...
We live in an increasingly globalised world where few things manage to stay confined to one location. Digitisation and the transition to an online way of working have allowed us to become hyper-connected, and we have greater access to different cultures ...
Payroll processing is a vital business function for any organisation; still, it is a non-core activity. Handling payroll process in-house requires the HR team to manage vendors, onboarding, timely payroll processing, benefits administration, leave and attendance management, and many other administrative tasks. ...
Employee or payroll management system can be described as administering financial records of an organization's employees’ wages/salaries, deductions, bonuses, and net pay. Salary is the most significant retention tool (for some employees, it is the only reason why they are working). It attracts ...
One of the most direct fallouts from COVID-19 in the UK is its impact on sick pay legislation. Not only have our views on how we handle sick leave changed enormously, but the law around taking time off for sickness and ...
When running your UK payroll operations, there’s no room for error. Paying your employees on time relies on submitting the relevant — and correct — payroll information to HMRC on time. And with so many deadlines to meet throughout the year, ...
A Human Resource department has a lot of work and critical responsibilities to fulfil. One of the vital tasks that the HR team has to do is managing the payroll. Unfortunately, many organizations choose to do HR and payroll processes manually. ...
Payroll is an intricate function that requires both experience and expertise. Besides salary calculation and disbursement, the department also needs to take care of tax responsibilities which is extremely time-consuming and complicated. This is why businesses have come to favour the ...
