GDPR has been a burning subject in the past three years now. It was enforceable in 2018 across European countries and things have evolved since then. In fact, since its implementation date until January 2020, some 160,921 personal data breaches with EEA have been reported (DLA Piper: GDPR Data breach Survey 2020).
It’s likely that no matter whether an organization works in the EU or not, its heard of the General Data Protection Regulation. GDPR, which was implemented on the 25th May 2018, changes the ways that data is processed, stored, and used by organizations.
In the lead up to 25th May 2018, the General Data Protection Regulation (GDPR) was everywhere as organizations across Europe (and further afield) prepared for stricter regulations on handling customer and employee data. Three months have passed since its implementation, but what’s new with GDPR?
Payroll, and the importance of payroll, is everywhere. Whether in Italy, France, or in Belgium, payroll is a crucial part of any organisation. Employees are the heartbeat of an organisation, so ensuring that they are paid on time and correctly is essential
With just six months to go until the General Data Protection Regulation (GDPR) takes force, payroll departments need to ensure they know what’s coming, or risk paying for it later. The stakes are high, as businesses that fail to comply with GDPR could face fines of up to 4% of their total annual revenue.