When the time comes for a company to expand into new territories and take operations global, it can mean a significant increase in workload for the HR and payroll departments – so, how can expanding businesses manage this transition with ease?
Twelve months ago, HR and payroll teams around the world were preparing for the changes that the new General Data Protection Regulation (GDPR) was set to bring to the industry. So, how are they coping with compliance today?
SD Worx explains the importance of balancing global and local payroll operations for expanding international businesses and how a multinational payroll provider can help keep this balance.
Britain’s decision to leave the European Union has left many employees on both sides of the English Channel in limbo – uncertain about how long they will be able to live and work in the country they’ve come to call home.
It is often said today that data is the new oil – it’s extremely valuable, especially in international business. But, as organisations expand, their databases grow and this can impact the workload of the HR and payroll professionals, distracting them from their vital roles and left to drown in never ending streams of data.
Running global payroll for an organisation operating in multiple countries can, at times, become somewhat overwhelming. With various rules and regulations to comply with and huge data sets to handle, many payroll professionals would welcome a helping hand. Today, with advancements in HR and payroll technology, that hand doesn’t have to be human—in fact, embracing these technologies can unlock the power of payroll within an organisation.
With winter coming to an end, the sun is coming out of hibernation and spring is rolling around. But as we prepare for the time of new beginnings, with flowers blooming and the leaves back on the trees, how can you use HR Tech to make the most of the new season? Rather than being stuck in the office, battling through endless admin and other time-consuming tasks, introducing HR tech into your organisation can put a spring back in the step of the payroll function.
In the increasingly global business landscape we live in, international operations and business expansion is becoming more and more common. Often this can significantly increase the workload of the HR and payroll department: with international business expansion comes international admin and regulations.
What will Brexit mean for the social security rights of UK nationals currently working in other EU states, and of nationals of the remaining 27 member states now in the UK? Will these cross-channel workers benefit, for example, from state pension contributions they made in the UK and vice versa if they return to their countries of origin?
The clock is ticking on the UK’s exit from the European Union on 29 March 2019. But we still don’t know the terms of its departure or what impact Brexit will have on employment both in the UK and the 27 remaining EU member states. Faced with this level of uncertainty, HR and payroll teams need to start their HR Brexit planning right now.