22 October 2020 - Reading time: 5 Minutes
Through on online survey conducted in June 2020, the European Payroll & HR services provider SD Worx tested how well 3,000 European companies are dealing with 6 crucial HR challenges. Each of those challenges consists of a subtle balancing act. Drop one or more hula hoops and you risk finding yourself a long way behind your competitors. Gracefully swirl all of them around and you’re bound to be successful.
Combining smooth operational processes on a day-to-day basis, including payroll, with more strategic, long-term HR projects.
European companies give more weight to operational tasks. From a list of 19 possible HR duties, the correct and on-time payment of talent is ranked as the top priority. Answering and processing HR questions from employees came in second place. Most policy-related topics with long-term impact, however, are considered less urgent/important by entrepreneurs and HR professionals. For example, HR process automation (15), digital transformation (16), HR policy (17), reward policy (18) and building a more flexible workforce (19) make up the bottom 5 HR priorities.
Acquiring long-term in-house expertise while at the same time benefitting from borrowed expertise to get smarter yourself.
An outsourcing partner can assist in various ways, from the implementation of high-tech tools to personalised consulting. But only a limited number of companies turn to outsourcing as a way to ease the burden on their HR teams. Even more, most entrepreneurs and HR professionals indicate that they’d rather outsource less instead of more in light of COVID-19. Only tech-based tasks like HR process automation, digital transformation and payroll, score high among the tasks that companies wish to mostly or entirely outsource.
Matching a cost-efficient overall reward policy with a remuneration system that reflects the life stages and preferences of employees.
Some forward-thinking workplaces are already customising their reward offerings and moving away from one-size-fits-all packages, but the reality is that the majority still compensate their workforces the same way they did two decades ago. Half of the companies (49.4%) polled only offer fixed salaries to their employees. On the other hand, 48.6% of polled organisations admit that a more flexible remuneration system is an important topic moving forward, so change might be on the horizon.
Implementing stable, frictionless tools as well as tailor-made digital solutions to finetune your own way of working.
While companies in some countries, like the Netherlands and the UK, are performing slightly better, less than half of the 3,000 polled companies are satisfied with the automation level of their HR and payroll processes and systems and use of digital HR tools. Mainly SMEs with less than 100 employees can still take big leaps. For example, just 1 in 3 of them rate their automation level for HR to be high or very high. Luckily, here as well, we notice a possible shift: in terms of digitisation or automation projects planned within the next 12 months, about half of companies have something up their sleeves.
Finding the right balance between peace of mind for all in times of uncertainty and the need for individualised experiences.
The global pandemic has directly impacted employees and their working environments. Companies are well aware of that, with 57% of them actively trying to improve the employee experience, either with running projects or with projects to be carried out within the next 12 months. Another 20% have mid- or long-term plans to tackle this issue. How well those projects cater to the general and specific needs of an ever so diverse workforce remains yet to be seen. One thing’s for sure: topics like well-being, motivation and work-life balance are all high on the agenda.
Staying legally compliant, but still having adequate flexible talent at hand to strengthen your permanent workforce.
Freelancers, temp staff and other flex workers can all add value to your business. In short, they offer you the possibility to acquire the right talent at the right time (at the right price). But things are moving slowly. Although a fair number of European companies already employ or consider hiring flex workers, flexibility in workforce management remains rather limited. Moreover, out of 19 HR tasks, ‘building a contingent workforce’ is considered to be the least important today. The benefits of flex workers have yet to be valued by many entrepreneurs and HR professionals.
You’re probably trying to swirl one or more hula hoops yourself. Need some help?
Let us know
Eager to dive deeper into our findings on today’s HR and its future challenges first?
With the festivities over and the new year well underway, as we return to work, many may have already given up on their new year’s resolutions for 2019. However, when it comes to new year resolutions in the HR and payroll industry, there are many resolutions that HR and payroll teams should commit to which will ensure that their payroll is powerful and running efficiently throughout the year.10 January 2019
Managing an international workforce involves various specialist tasks, such as declaring taxes to foreign administrations, monitoring complex labour laws and elaborating attractive reward systems. That’s why most companies outsource these error-prone tasks. Both local and global HR providers can make a big difference, but remember to make well-considered choices. If you’re looking to truly bridge literal and figurative language gaps, a global partner with vast local expertise is your go-to option. Here’s why.17 June 2020
The COVID-19 lockdown forced international companies to switch gears overnight: remote working was suddenly the norm. In most cases, the transition happened smoother than expected and significant benefits have now become apparent. Therefore, it’s likely that remote working is here to stay. Are you planning to offer regular remote working to your international workforce? Don’t forget that this implies a set of written and unwritten rules. Here’s a basic checklist.17 June 2020
As the adage goes, “the clever learn from their mistakes, but the truly wise learn from the mistakes of others”. With remote working here to stay in a post COVID-19 world, offering great experiences to remote workers is the key to high engagement, effortless collaboration and – in the end – higher performance. Familiarise yourself with the fails and learn how to win with remote working.20 August 2020
From being healthier to digital detoxes, many of us adopt resolutions at the start of the new year. However, it’s not only personal resolutions that should be set in January each year - professional goals should not be overlooked either. Employees might focus on their work/life balance or wellbeing, or might embark on various training sessions to improve their skills.
Human Resources is a data driven industry. With so much company and employee information available, the challenge for many HR professionals is how to utilise it most effectively. No organisation can survive without data, and its importance within the overall business strategy only continues to grow as we enter a new decade.
So, how can HR departments embrace and interpret their data, and what should they be looking for when they analyse it?23 January 2020
American athletic giant Nike has a solid foothold in Belgium too, with five distribution centres in Ham, Laakdal and Meerhout. Together, they make up the Nike European Logistics Campus (ELC). From here, sporting goods depart around the clock, destined for wholesalers, Nike stores and online customers across Europe. This phenomenal logistics achievement relies heavily on flexibility. For that reason, personalisation, mobility and innovation are key elements of the HR policy.28 October 2020
Whether a large multinational or a small business with fewer than 50 employees, investing in an HR and payroll offering can have a markedly positive impact on the business. In fact, small companies face many of the same challenges as larger organisations. From ensuring compliance to maintaining an efficient payroll procedure, there are a multitude of ways that small businesses can transform their HR and payroll operations. Here are four ways your business can benefit.30 April 2020
While governments around the world pull out all the stops to slow the spread of the coronavirus, businesses – both big and small – continue to look for the best way to emerge from the crisis with their heads held high. Obviously, HR departments play a key role in fulfilling this aspiration. How well is yours doing? Take the test and benefit from 4 rules of thumb first.16 April 2020
According to Professor Joe Perfetti from the University of Maryland, “The keyword for the 20th century was ‘speed’; the keyword for the 21st century is ‘agility’. And then COVID emerged to shake the business world up beyond our wildest imaginings. What does that does that mean for companies – and their HR teams?4 November 2020
In case you hadn’t noticed: change is the only constant. With COVID-19 still affecting all areas of our society and economy, we believe that keeping our finger on the pulse has never been more important. Why? Successful adaptation starts with gathering knowledge and closely observing the market. And as the leading European payroll and HR services provider, that’s exactly what SD Worx does for you.17 September 2020
Equality equals prosperity. Or, in the words of the World Economic Forum: economies and societies can only thrive when they strive for gender parity on all levels. With International Women’s Day just around the corner, now is a good time to take stock of where we are in terms of gender equality in the workplace.
With 2020 just around the corner, it’s that time of year to start looking ahead at what’s to come. But a new year doesn't necessarily bring about completely new trends. Rather it sees a continuation of developments, as well as shifts in certain areas to meet new requirementsMichael Custers - 5 December 2019
Human Resources has always played a vital role in organisations around the world. However, throughout the long history of HR, its place in the business has often been reduced to an admin function. Primarily focusing on people and employees, an HR professional’s role has a direct impact on people’s lives, but its effect is felt way beyond this.
With it’s integral place within employees’ lives as well as the overall business strategy, how can HR ensure it’s strategic role continues to add value to organisations for years to come?
Ramadan is from 24 April to 23 May 2020. Muslims all over the world fast for a month and there is no eating and drinking between sunrise and sunset. How do you, as an employer, take this into account in the workplace?6 May 2020
The coronavirus has brought our economy to a crawl. Internationally, governments are pulling out all the stops to support companies and citizens to reduce negative impact caused by this unprecedented crisis. This has serious repercussions for you as well as for your employees in terms of payroll and HR administration. These consequences have to do mainly with different tax and social law in the countries you operate.3 April 2020
Europe is home to millions of expanding businesses, which play an increasingly vital role in job creation, economic growth and innovative power. They have a lot to gain in the digital era – as long as their HR strategies keep pace with the dynamic needs of their employees. Explore three powerful HR trends that are poised to impact your international company, and learn how to tackle them.14 May 2020
There’s no doubt that the world of work has changed in the past decade. Organisations have been more focused on employee wellbeing and happiness than ever before, with some even considering the option of a four-day working week. Wellbeing was also a key topic at the CIPD’s annual conference in Manchester this year, which provided attendees with the opportunity to discuss and debate how to successfully manage mental health and wellbeing in international organisations.19 December 2019
COVID-19 has a great impact on employees, with mass homeworking as one of the most remarkable outcomes. Many companies are pulling out all the stops to establish viable homeworking policies, implement digital tools and create a renewed organisational culture. What’s often overlooked is the physical workspace. Although traditional offices are on their way out, they can re-emerge as employee experience centres.17 November 2020
The data accessible to HR and payroll professionals has the potential to inform areas of the business beyond its basic necessities. There are several types of reports that can help your organisation work more efficiently, each with its specific purpose. When utilised to its maximum potential, HR & payroll data can provide useful insights such as opening up a detailed understanding of the organisation’s workforce.22 August 2019
The HR and payroll industry never stands still and is moving at a faster pace than ever. With frequent updates to legislation, increasingly global operations and swiftly developing new technologies, the future of HR is set to look completely different to the industry of today.28 November 2018
Big data and analytics have now entered numerous industries, including healthcare, financial services and retail. Despite many HR and payroll providers now using big data as part of their services, the industry has predominately been slow on the data uptake, in comparison to adoption within others. HR and payroll is largely an industry that relies on human intuition, rather than data and statistics, however, providers have started to see for themselves benefits of big data and analytics, and thus are beginning to implement these into their services.10 October 2017
What happens when you combine payroll and core-HR together with new technologies? The potential insights into business operations become greater and more valuable than ever when informing business decisions across all areas of the business.25 June 2019
In the digital world, ensuring that you have a healthy work/life balance has never been so important. However, in this ‘always-on’ environment, it can prove difficult to step away from the world of work and to take that all-important break from your seemingly never-ending to do list. Some HR and payroll professionals see the introduction of HR tech as another cause of stress, with many fearing that it will threaten the future of the industry. However, the introduction of automation and other technologies could be the answer to empowering the HR professional and maintaining a healthy work/life balance.12 October 2018
In addition to the launch of Global People Services, we’ll also be running two sessions of our own at this year’s conference – and trust us, they’re too good to miss!21 October 2019
The end of the payroll year is typically a very stressful time for payroll teams. With an extensive amount of tasks to be completed within tight deadlines, any mistakes can be costly.
However, the end of year process can be drastically simplified by engaging with tailored payroll software. This technology can be utilised to assist payroll professionals throughout the year, but how can it help payroll teams in April each year?27 February 2018
It’s vital that global organizations are run as efficiently as possible. With potentially easy access to a broad and detailed selection of employee data, the HR and payroll department can ensure that the organization’s staff planning is accurately informed to better control staffing costs and improve efficiency across the business as a whole.
So, how can the HR and payroll professionals ensure that they are maximising the potential of the valuable data that lies at their fingertips?
A recent SD Worx survey revealed that over half (57%) of European employees have the freedom to take a holiday when they choose. Although this can improve the work/life balance and autonomy of employees around Europe, it can leave departments a little stretched over the summer – a popular time to travel and enjoy the sun with friends and family. This can particularly affect the HR and payroll department – a business function that never stops.5 August 2019
Nothing turns your working world on its head quite as much as a big, sudden change in the way you need to work or the way in which the company you're working for is run. Whether it's due to changes in law, different leadership or any other reason, keeping up with big changes can seem like a difficult task, and it's easy to get off track. But when it comes to adapting to those sudden changes and continuing to meet the needs of your business, there are a few things you can do to help you adapt quickly and be back to 100% in no time:15 October 2018
Business leaders are always searching for dynamic new ways to improve their business strategy, but there's one source of data which still remains largely untapped. There is a wealth of potential strategy ideas to be found in a place businesses already have unrestricted access to - their payroll system.
So, how can both large and small companies start utilising payroll data today to breathe new life into stale strategies?24 October 2018
Much of today’s media coverage on the introduction of technologies like artificial intelligence (AI) and machine learning in the workplace express concern over the future of the human employee. Many fear their roles will be replaced by an intelligent robot that is more efficient and cheaper to employ. However, this is far from the case. SD Worx advocates the future of HR tech, but we also understand that you can never take the ‘Human’ out of Human Resources! In fact, introducing these technologies to the HR and payroll department can only reaffirm the place of the human employee in the business world.30 December 2018
Expanding businesses internationally can mean increased profit, a better reputation and more capital to invest in getting the best talent from your industry. But international businesses face newer challenges, chief among which is working with international teams that are based in various cities, regions, countries and potentially even continents.
12 November 2018
The SD Worx team has returned from another great annual UNLEASH conference. Over 5,000 attendees gathered at the RAI Exhibition and Conference Centre in Amsterdam – the site of the first conference seven years ago.7 November 2018
One of the highlights of our UNLEASH calendar is certainly the launch of our one-stop solution for core-HR and payroll’s current and future needs: Global People Services. The offering opens a new category for the mid-size market, with an integrated single source of truth for HR & payroll, rolling out for the 15 countries in Europe.18 October 2019
UNLEASH World Conference & Expo returns to Amsterdam for its 8th conference on the 23-24th October 2018, and SD Worx is attending as a sponsor and exhibitor.24 September 2018
The HR and payroll industry is in constant change, with digitalisation, GDPR, and the gig economy effecting the HR and payroll department in organisations around the world. So, how can you ensure that both your HR department and employees are able to keep up with the pace of change? It’s time to unleash the flexibility of your HR.26 April 2018
The SD Worx team has been busy! Not only did the team exhibit and present at UNLEASH Paris 2019, but we also launched our brand new Global People Services offering for the mid-sized market across Europe.
Global People Services is the first integrated HR and payroll service focusing on the mid-market in Europe.
It sounds too simplistic to say that your workforce is the beating heart of your company, but it’s true. However, many businesses don’t practice strategic human resource (HR) planning. So why is staff planning so important?8 October 2018
Every company strives to have effective working practices that allow employees to work together to get the best possible outcome. Many employers choose to organise Christmas team building activities to help boost workplace morale, increase productivity and collaboration between departments.But does team building actually work? 21 November 2018
Business Studies 101 tells us staff are the most valuable and expensive resource within any company, but how can your business create an empowering atmosphere within which employees flourish and morale is high?6 November 2018
SD Worx is delighted to announce that we have been shortlisted as a triple finalist in the 2018 CIPP Annual Excellence Awards for the ‘International Payroll Service Provider of the Year’, ‘Well-being and Employee Engagement’, and ‘Payroll Service Provider of the Year’ categories30 September 2018
The clock is still ticking on the UK’s exit from the European Union and we’re still in the dark about the terms of its departure or what impact Brexit will have on employment both in the UK and the 27 remaining EU member states. With or without a deal and faced with this level of uncertainty, HR and payroll teams need to stay up to date with their HR Brexit planning and be ready for all scenarios.11 October 2019
There’s a buzz of excitement in the international HR community this October, as UNLEASH Paris will be kicking off in full force. As a European payroll provider leader, SD Worx will be in the front row.
Taking place at the Paris Convention Centre from 22nd-23rd October, SD Worx will launch its brand-new Global People Services offering at the event. It’s looking like a busy two days and we’ve got plenty of activities lined up—will you be joining us there?
After a year and a half of negotiations, on 13 November 2018 British Prime Minster May and the European Union reached a technical agreement on the UK leaving the European Union. The deal sets out the general terms on how the United Kingdom and the European Member states will cooperate after the UK has left the EU. The impact for you as an employer with employees inside or from the UK is now also clear. What you should know.30 November 2018
If no agreement between the UK and the European Union is reached at the EU summit on 18 and 19 October, the transitional period that would have applied until the end of 2020 will expire. As a result, on 29 March 2019, the UK’s membership in the EU will end, and EU law will no longer apply. If your company employs people in or from the UK, this change could be far-reaching. So, take the bull by the horns and avoid unpleasant surprises caused by a ‘no deal’ scenario by making the right preparations.16 October 2018