News & Views
Is Payroll Processing pulling you down? Utilize Payroll Outsourcing Services in India
Payroll mistakes happen more often than we can think of. For employees whose only source of income is their salary, delays or errors in releasing salaries and irregularities in salary processing can take a toll on their productivity and morale, ultimately affecting the ...
Best Leave and Attendance Management System in India
The conventional tools of leave management like paper forms, excel sheets and emails hold organizations and employees back from scaling and growing. The lack of a streamlined system leads to mistakes, resulting in pressure on resources , payroll processing errors and even legal ...
Global Payroll: Navigating 13th and 14th -Month Salaries
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 in places ...
What Is the Best Practice for Global Payroll?
Businesses of all shapes and sizes now have remote teams situated all around the world. But if you’re looking to expand your business into the global market, you’re going to be dealing with global payroll. All of your worldwide employees need payment — whether ...
Thinking About Employing in Jersey? Here’s What You Need To Know…
Jersey: a crown dependency in the English Channel famous for its cliffside walks, scenic cycling routes, beaches and historic architecture. Situated just 22 km from the French coast in the Bay of St Malo, Jersey is the largest of the Channel Islands and ...
Navigating Multi-State Tax Compliance
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 local rules ...
What Can You Do to Avoid Payroll Processing Mistakes in India?
India has many labour laws that businesses operating in India need to follow. Additionally, the labour laws are reviewed frequently, and it can become challenging to keep track of these updates. Companies that have a large workforce need to comply with several payroll ...
How Do Third-party Payroll Service Providers in India Make Payroll Easy for Employees?
A payroll outsourcing service provider manages the employee wages, social benefits and taxes. Payroll management is done quickly when outsourced as it saves business operations’ time and increases employee productivity. Third-party payroll service providers typically provide several different services, such as: Timesheet data ...
TopSource Worldwide continues to strengthen its UK Payroll presence with the acquisition of payroll provider Capital Payroll Services
TopSource Worldwide, the leading employer services, payroll and Employer of Record service provider, has today announced the acquisition of Capital Payroll Services, a fully-managed payroll service provider to the UK market. This is the fifth acquisition since TopSource Worldwide received investment from ...
How Does a HRMS System Overcome Employee Travel Management Challenges in India?
Employees often need to travel between different locations to meet business requirements. Businesses often face several challenges when it comes to managing travel and management expenses for employees, especially when a reliable HRMS system is not in place. Here is a list of some ...
6 Reasons Why HR and Payroll Outsourcing is Essential for Small Businesses in India
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? Payroll and ...
Is a Paperless HR Management System the First Step Towards a Greener World?
One of the most significant ongoing HR trends is the shift away from traditional, paper-intensive work styles and towards greater dependence on online technologies, HR management systems and databases. The significant change from manually managed HR services to a paperless system helps companies ...
What Is the Best Practice for Global Payroll?
Businesses of all shapes and sizes now have remote teams situated all around the world. But if you’re looking to expand your business into the global market, you’re going to be dealing with global payroll. All of your worldwide employees need payment — whether ...
Thinking About Employing in Jersey? Here’s What You Need To Know…
Jersey: a crown dependency in the English Channel famous for its cliffside walks, scenic cycling routes, beaches and historic architecture. Situated just 22 km from the French coast in the Bay of St Malo, Jersey is the largest of the Channel Islands and ...
Top 3 Locations for Employing in Europe
Europe has become a hotspot for global expansion. Affluent economies, stable legal systems, varied cultures and a wealth of business opportunities mean it’s little wonder that many companies look to Europe when embarking on their expansion journey. Of course, ‘Europe’ isn’t a destination ...
Technology and HR: Can They Really Work In Harmony?
Technology has been pivotal to streamlining and modernising the world of work. Automated processes have saved thousands of hours of manual work, and most of today’s businesses rely heavily on technology in every aspect of their daily operations. But when it comes to ...
New Emergency Legislation for Ukrainian Workers
On 24 February 2022, on-the-ground conflict began between Russia and Ukraine, and civilians have started to leave their homes in Ukraine in search of safety. To accommodate the influx of refugees, governments across Europe have amended their immigration laws, enforcing emergency legislation for ...
Canada’s COVID Response Laws: Are They Here To Stay?
Canada is a hub of progression and innovation and is heralded globally as the ‘start-up mecca to rival Silicon Valley’. Its low corporate tax, strong economy and highly educated workforce mean that employing in Canada is incredibly attractive for many businesses. However, as ...
PIPL: Staying Compliant with China’s New Data Security Law
It’s been a busy couple of years for data protection laws worldwide. The European GDPR came into force for EU and EEA nations in 2018, and a revised UK version then came into play in 2021 following Brexit. In the US, 2020 started ...
Staying Compliant: A Transformative Year for UK Employment Law and What to Expect In 2022
The past two years have been full of immense upheaval — from the outbreak of a global pandemic to Britain’s exit from the EU. And while every aspect of modern life has shifted over the past 18 months in response, the world of ...
Overcoming the Obstacles of Global Expansion
After months of lengthy lockdowns around the world, the ‘red list’ is finally starting to dwindle. At long last, we’re beginning to see the world open up again following over 18 months of strict travel restrictions, and people are relishing in jetting off ...
What Can You Do to Avoid Payroll Processing Mistakes in India?
India has many labour laws that businesses operating in India need to follow. Additionally, the labour laws are reviewed frequently, and it can become challenging to keep track of these updates. Companies that have a large workforce need to comply with several payroll ...
How Do Third-party Payroll Service Providers in India Make Payroll Easy for Employees?
A payroll outsourcing service provider manages the employee wages, social benefits and taxes. Payroll management is done quickly when outsourced as it saves business operations’ time and increases employee productivity. Third-party payroll service providers typically provide several different services, such as: Timesheet data ...
How Does a HRMS System Overcome Employee Travel Management Challenges in India?
Employees often need to travel between different locations to meet business requirements. Businesses often face several challenges when it comes to managing travel and management expenses for employees, especially when a reliable HRMS system is not in place. Here is a list of some ...
6 Reasons Why HR and Payroll Outsourcing is Essential for Small Businesses in India
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? Payroll and ...
Is a Paperless HR Management System the First Step Towards a Greener World?
One of the most significant ongoing HR trends is the shift away from traditional, paper-intensive work styles and towards greater dependence on online technologies, HR management systems and databases. The significant change from manually managed HR services to a paperless system helps companies ...
Why is it Important for Indian Companies to Have a Leave Management System?
Employees may take time off for various reasons, including marriage, health concerns, holidays & other personal or emergency reasons. Depending on the company's regulations, this leave may be paid or unpaid. Typically, companies provide employees with an allowance of paid leave that they ...
Why do SMEs in India need HRMS and Payroll Outsourcing?
HRMS and Payroll Outsourcing Small and medium-sized companies account for the majority of businesses worldwide and are important contributors to the global economy. While some of these companies are thriving in recent times, there are many challenges that they face to sustain and ...
A Comprehensive Guide to Payroll Compliance in India
Every company in India is expected to pay tax and follow compliance guidelines regardless of its size. Therefore, a large sum of money is invested in statutory compliance activity, including audits, compliance policies and governance structure. To help you tackle this, we have ...
HR Management System: The Answer to Complex Recruitment Issues in India
The most valuable resource for any business organization is its employees, as they play a vital role in accomplishing business goals. It makes sense then for companies to use a HR management system to recruit and retain the most talented people. Today, recruitment ...
Health and social care levy: how will it affect my organisation?
July sees the introduction of the first stage of a new health and social care levy, an additional tax designed to support the NHS and additional associated services and allow them to increase spending. The levy will affect both individuals and organisations that ...
Spring Statement 2022: What Does it Mean For Businesses?
Last month saw the Chancellor run through the Spring Statement 2022. But what does it all mean for UK businesses? Although this year’s Spring Statement will have more of an impact on individuals than organisations, there are still several changes that employers will ...
Changes to Statutory Sick Pay: What’s New for 2022?
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 statutory sick ...
Key Dates for UK Payroll
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, you’ll have ...
UK Payroll: How to Get (and Stay!) Compliant in 2022
Having efficient and accurate processes in place for your UK payroll isn’t just about keeping your employees happy. As with anywhere else in the world, running payroll in the UK requires compliance with various rules and regulations. Failure to comply could see harsh ...
January 2022 Tax Returns — Is Your Business Ready?
The start of a new year is always a demanding time for payroll, human resources and accounts departments. And in the UK, January means tax codes, tax bills and tax returns. With all self-assessment tax returns due at the end of January, your ...
Choosing a Payroll Service Provider: Things to Keep in Mind
Running payroll for your employees is no mean feat, and keeping up with the ever-changing legislation can make an already-critical task even more challenging and complex. This is especially true for smaller businesses, where business owners must wear a dozen hats to keep ...
UK Payroll: Is the Latest Tax Hike A Blow to Economic Recovery?
As if there weren’t enough challenges for businesses post-pandemic, the UK government recently announced a new health and social care (HSC) levy, which will see a 1.25% increase in employee and employer National Insurance contributions (NICs). This additional tax will be payable on ...
Paul Stevens Joins TopSource Worldwide as UK Head of Sales
TopSource Worldwide is proud to announce that Paul Stevens is now fully on-boarded and actively operating as the UK Head of Sales to lead its domestic sales department for UK payroll in a period of growth and transformation. Paul is a confident and highly experienced ...
Global Payroll: Navigating 13th and 14th -Month Salaries
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 in places ...
Navigating Multi-State Tax Compliance
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 local rules ...
What is Global Payroll?
The meaning of Global Payroll ‘Payroll’ refers to the process of a company paying its employees. So, it stands to reason that ‘global payroll’ is the same process but on an international scale. But there’s more to an organisation’s payroll than handling employees’ ...
Your Guide to Employing in the UAE
The United Arab Emirates has emerged as a suitable stop in many businesses’ global expansion journeys. Although probably best known for deriving its wealth from the oil and gas industries, recent years have seen the UAE diversify into other business sectors, including transport, ...
Why you should never ask your hire to research EoRs
While the use of Global Employer or Record services has become more prevalent, the range of people contacting Topsource Worldwide has also broadened. Historically, enquiries were from a troubled HR professional whose hiring manager has uttered the dreaded line “we have just made ...
How to Streamline Your Global Payroll Processes
When it comes to running a global workforce, you want to find ways to make your international operations run smoother — without cutting cut any corners. One of the biggest tasks facing businesses embarking on their expansion journey is providing timely, compliant and ...
What’s the True Cost of Employing Someone Internationally?
When hiring a global workforce, finding the right people for your business is as much about their wants and requirements as it is about yours. The world’s top talent know what they’re worth — and they’re unlikely to settle for anything less. But ...
New Wage Code 2022-23: How its Impacting Your Payroll Processing
As per the announcement made during the 2021 Union Budget, the New wage code 2021 has been proposed to be in effect starting from April. The New wage code is an attempt by the government of India to simplify the various regulations related to wages. ...
TopSource Worldwide chooses Ebury for international payroll payments partner
Ebury will support TopSource Worldwide’s growing client base of over a thousand businesses in making payments to thousands of employees Ebury’s proposition allows high volume time critical payments in over 140 currencies to 200 countries alongside a dedication to customer service Integration of ...
TopSource Worldwide continues to strengthen its UK Payroll presence with the acquisition of payroll provider Capital Payroll Services
TopSource Worldwide, the leading employer services, payroll and Employer of Record service provider, has today announced the acquisition of Capital Payroll Services, a fully-managed payroll service provider to the UK market. This is the fifth acquisition since TopSource Worldwide received investment from ...
How Does a HRMS System Overcome Employee Travel Management Challenges in India?
Employees often need to travel between different locations to meet business requirements. Businesses often face several challenges when it comes to managing travel and management expenses for employees, especially when a reliable HRMS system is not in place. Here is a list of some ...
Staying on the Right Side of Payroll Compliance
Sachin Disa is a qualified Chartered Accountant with 20+ years of experience. He heads the India business unit for TopSource Worldwide. Staying up-to date with the ever-changing legal and statutory requirements related to labour and tax laws can be quite challenging. Depending ...
Employing in Ireland: A Booming Tech Hotspot
Immediately evoking images of shamrocks, Guinness and a pot of gold at the end of the rainbow, Ireland is known for its warmth and hospitality, thanks to its notably friendly and welcoming population. However, its stable economy, robust infrastructure and plethora of tax ...
The benefits and challenges of working with an EOR (Employer of Record)
If you’re eyeing up global expansion, or need to start operating in another country, then an Employer of Record (EOR) is a great option. Rather than setting up your own entity in the target market, and having to deal with the associated bureaucracy ...
TopSource Worldwide has agreed to acquire the Global Employer of Record division of the Bradford Jacobs Group including continuation of their strategic partnership
TopSource Worldwide has agreed to acquire the Employer of Record division of Bradford Jacobs Group. Bradford Jacobs provide People focussed, end to end, full life cycle international expansion services to globally growing businesses. The acquisition includes a continued strategic partnership between TopSource ...
New Emergency Legislation for Ukrainian Workers
On 24 February 2022, on-the-ground conflict began between Russia and Ukraine, and civilians have started to leave their homes in Ukraine in search of safety. To accommodate the influx of refugees, governments across Europe have amended their immigration laws, enforcing emergency legislation for ...
Why Should Businesses Choose Integrated HR and Payroll Solutions?
Sachin Disa is a qualified Chartered Accountant with 20+ years of experience. He heads the India business unit for TopSource Worldwide. Effective management of human resources is critical to the success of any business and efficiently processing payroll is very closely intertwined ...
Innovation Day Special: HR Tech innovations that revolutionised the HR sphere
From talent sourcing to employee retention, HR Tech has reshaped the traditional work functioning of the HR department with various innovations. Amid the pandemic, HR Tech innovations enabled HR professionals to meet the ever-evolving requirements of their organisations and the workforce in a ...
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