3 Key Areas that Ensure Global Payroll Compliance

Immedis

According to the 2019 Global Payroll Complexity Index , data, particularly, the protection and security of data- is now the primary concern for the industry. As the report notes, “Payroll holds the key to business success. Legislation compliance.

Improve data accuracy, reporting, and compliance by bringing HR and payroll together

cipHR

Improve data accuracy, reporting, and compliance by bringing HR and payroll together. The answer is yes – if you invest in a single, integrated HR and payroll solution. Here are CIPHR ’s top five benefits of choosing a single provider for your HR and payroll.

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Global Upside Achieves ISO/IEC 20000-1:2011 Certification

Global Upside

Global Upside announced that it been awarded certification for ISO/IEC 20000-1:2011, which is a service management system (SMS) standard. This certification gives our Clients confidence in our ability and commitment to provide the best in service delivery.”

Kronos Spring eSymposium: FREE Learning Opportunity for #HR and #Payroll Pros

HR Bartender

The Kronos Spring HR and Payroll eSymposium is scheduled for Wednesday, May 6, 2020 from 10a to 5p Eastern time. Kronos shared with me that this year’s agenda is going to have four tracks – basic, intermediate, advanced, and compliance.

Kronos 316

Free HR and Payroll Learning Opportunity: Kronos Fall eSymposium

HR Bartender

The Kronos Fall HR and Payroll eSymposium is scheduled for Wednesday, November 20, 2019 from 10a to 5p Eastern. This one-day eSymposium is designed to bring HR and payroll professionals education on the topics we deal with every day. But there are three reasons that an event like this one really makes sense for human resources and payroll professionals. There have been a few times in my career when I’ve been responsible for both human resources and payroll.

Kronos 218

Global Upside Achieves ISO 27001 Certification

Global Upside

San Jose, CA – October 15, 2018 – Global Upside ( www.globalupside.com ) today announced that it has achieved ISO 27001:2013 certification, the international standard for best practices in information security management systems. The certificate is the latest in Global Upside’s ongoing commitment towards achieving the highest standards in data security and privacy throughout the organization. “Global Upside has also been audited by a Big 4 audit firm for GDPR compliance.

What innovations have payroll providers delivered in 2020?

LACE Partners

With the first half of the year now behind us, the team at LACE wanted to take an overview of what is happening in the payroll space, so we asked Adam in the team to give us an insight into what some of the providers in the payroll space are doing to remain innovative during this challenging year.

You Should Ask for SOC 1 Certification from Global Payroll Providers

Celergo

Outsourcing is becoming an expected part of business growth, especially for multinational businesses : In fact, for payroll alone, nearly 47% of U.S.-based As companies grow and take on more workload, then more employees, and even more locations, non-core services such as payroll processing become less and less easy to manage in-house. That’s where SOC 1 certification becomes important. Understanding SOC 1 Certification. Payroll processing.

How to Process Payroll

Paycor

The best way to process payroll is to not process payroll. Your HR & Payroll provider should do that for you. The truth is payroll is too time intensive and complicated (especially if your business has locations in more than one state). Pre-Post Payroll Journal.

Evaluating a Payroll Solution? Here are the Best Questions to Ask About Integration Capabilities

Immedis

Deciding to integrate payroll with your organization’s human capital management system (HCM) is a huge deal. In short, a lot is riding on when you integrate payroll with your HCM. Will it ensure GDPR compliance? Can the payroll vendor offer any security against data breaches?

The Best Way to Process Payroll [Updated for 2020]

SwipeClock

Payroll is one of the most important processes to handle correctly. Learn to Process Payroll Efficiently and Legally. We’ve created a comprehensive 5-part payroll processing guide to help you. How Payroll Processing Works. Best Practices For Processing Payroll.

Global Payroll Management Institute Returns to Hold 2nd European Masterclass

Immedis

Due to popular demand, The Global Payroll Management Institute in association with Immedis are hosting their two-day masterclass on the 28 th & 29 th of March in Dublin, Ireland. Covering 4 modules across 2 days, the extensive certificate program will examine your organisation’s payroll model including vendor management, data privacy, compliance and creating sustainable business processes to streamline your operations. Certification Credits.

Managing HR Compliance in the Age of Technology

Get Hppy

Compliance may not be the rock star of HR tasks, but it is the one that is necessary to keep the band together. Without compliance, businesses are at risk of fines, lawsuits, bankruptcy, and closure. Research by Forrester concluded that businesses who do not effectively manage risk or implement compliance policies are at risk of losing billions of dollars. For many companies, technology has changed the ways in which they manage HR compliance. Compliance challenges.

Global Payroll Challenges and Program Design

Immedis

Global Payroll Structure Design Basics. Payroll is a complex, mission-critical, component of every business and there are different ways to manage payrolls where companies operate in multiple locations. The structure of the global payroll operation of any given entity should consider certain attributes including: The maturity of the global business operations of the entity. If the company has skills and competencies internally to handle a global payroll operation?

What is Leave, Attendance and LOP data in Indian Payroll Processing?

Keka HR Blog

Payroll is a vast process and each step involved in the entire cycle plays a significant role. Employee leave & attendance management involves keeping records of sick leaves and holidays, as well as ensuring that the payroll gets done in an error-free manner and on time.

CPEO Certification with Internal Revenue Service

Tandem HR

The first group of Professional Employer Organizations (PEOs) has been certified under the CPEO Certification IRS program on June 1, 2017. What is a CPEO Certification? Effective January 1, 2017, PEOs were able to apply for a certification under a new IRS program created by the Small Business Efficiency Act (SBEA). The certification set forth an extensive list of requirements and procedures to comply with in order to obtain and maintain the approval of the IRS.

Back to Basics #1 – Advice for Choosing Your Next Global Payroll Vendor

Immedis

You don’t need to know my plumbing stories to know how to run a payroll, but I hope that this presents a good way to approach choosing a global payroll partner so that you find one that fits with your organization’s profile and that has a good shot at solving its needs. If you are reading this article you are likely involved in payroll delivery and may have a set of well-developed, related competencies. Countries you administer payroll in.

Global Upside Announces SOC 1 and SOC 2 Compliance

Global Upside

San Jose, CA – Global Upside ( www.globalupside.com ) – a leading provider of accounting, HR, payroll, PEO, and talent acquisition services in 150+ countries – today announced that it has achieved Service Organization Control (SOC) 1 Type 1 and SOC 2 Type 1 compliance. With the SOC certification, our Clients can be even more confident that there are controls and auditing procedures in place to maintain the security, availability, and confidentiality of their information.

FREE Learning Opportunity: Kronos Spring #HR and #Payroll eSymposium

HR Bartender

The spring HR & Payroll eSymposium will be held on Wednesday, May 1, 2019 from 10 a.m. HR and Payroll eSymposium Agenda. The eSymposium is designed to bring HR and payroll professionals education on the topics we deal with most. This one-day experience will offer three tracks – HR, payroll, and workforce management – with many sessions eligible for recertification credits (more on that in a minute). Kronos HR & Payroll eSymposium.

Getting the Most Out of Your Global Payroll RFP, Part I

Immedis

In this case, you’re asking for a solution to your payroll problem. Your company’s request for proposal ( RFP ) document should specify exactly what your organization is looking for in your new payroll solution. So don’t create a “standard” RFP — use this opportunity to leverage your vendors and get the best solution for your global payroll operation. Is it procurement, or will there be a representative from payroll to ensure we ask the right questions?

The Future of Blockchain in the Payroll Industry

HR Daily Advisor

Blockchain has the potential to disrupt the payroll industry in the next few years, but there is still a lot to learn about how it can and should be used. Paychex’s Frank Fiorille breaks down the basics of blockchain, its uses in the payroll industry, as well as benefits and risks. Every day, companies are exploring the possibilities of using blockchain to streamline their operations, including payroll. How can blockchain be used in the payroll industry?

2020 Form W-4: How to get payroll and employees ready

Tsheets

Now comes the second draft of the 2020 Form W-4 , the Employee’s Withholding Certificate. Differences in payroll and recordkeeping. If you outsource payroll with an accountant or bookkeeper, leverage their expertise to ensure accuracy and compliance with the new form. Is it time for a payroll software upgrade? The new form has raised questions about existing payroll software and whether a business will need to operate on two systems.

How Does Payroll Processing Work?

Paycor

Processing payroll is one of the most important, but time-consuming and frustrating tasks businesses face. Ensuring accurate and timely payroll requires attention to detail and careful record-keeping, and it’s one of the top reasons why companies rely on a payroll partner who has the experience to handle complex regulations. Applicable state withholding certificates (many states require a form in addition to the federal W-4). Step 3 – Approvals for Payroll.

Ascender Preceda is Certified for Single Touch Payroll

Ascender

On 1 July 2018, the Australian Government implemented Single Touch Payroll (STP), a legislation that changed the way businesses report payroll information to the Australian Taxation Office (ATO). STP required employers to share payroll information such as salaries, wages, deductions, Pay As You Go (PAYG) withholding and superannuation details directly to the government in a digital format as their employees get paid simultaneously.

3 Payroll Practices to Build A Strong HR Foundation

Namely

When Namely’s Payroll Operations Manager, Jim Kohl, started working in payroll in 2005, HR directors would physically call him to report and input employee’s hours. “I Today, payroll tends to be virtually paperless and driven by cloud-based applications. “The payroll industry is a living organism,” Kohl said. “It’s A consistent payroll practice means paying employees on time and correctly—that base will never change. Here’s a payroll professional’s nightmare.

The Cost of Legislative Compliance

HRExecutive

A new survey out by the Workforce Institute at Kronos finds the cost of legislative compliance for employers could reach up to six figures per rule. The survey, conducted with Future Workplace , included input from 812 HR and payroll leaders on their views regarding regulatory compliance: What we heard back is that it can cost organizations as much as $100,000 each time a federal, state, or even local labor-related regulation is created or changed.

Certified PEO or IRS Certification = One Large Step for the PEO Industry

Tandem HR

The SBEA sets up a certification program through the IRS for Professional Employer Organizations (or PEOs). We want business owners to focus on what they do best (grow their business) and leave HR related tasks like payroll and compliance to us, the PEO. Just following regulatory compliance is more than a full- time job, so is this something that you’re starting to see small businesses embrace? PEO Industry.

HR & Payroll: Two Unique Functions

Paycor

What is the Payroll Function? Payroll processing is an essential business function that ensures your people accurately receive compensation for time worked and taxes are appropriately withheld and filed. The payroll manager is also responsible for balancing and reconciling payroll data, while also taking care of record keeping, wage deductions, delivering pay checks and recording new hire paperwork. But compliance is just the tip of the iceberg.

Legal and Compliance Considerations of Furloughs, Layoffs, and Reduction in Force

Netchex HR Blog

Coronavirus and Beyond: The Legal and Compliance Considerations of Furloughs, Layoffs, and Reduction in Force. With these decisions, you must keep in mind the legal and compliance considerations that come along with them.

8 Compliance Tips for Small Businesses for 2020

Zenefits

Running a small business comes with a lot of long hours and uncertainty, especially when it comes to compliance. Use these simple tips to shore up your small business’s compliance efforts. Keep current on compliance changes. Adopt a small business compliance checklist .

Choosing the Right Cloud-Based Payroll System for Your Business

InfinityHR

Whether you’re a small or large business, you know that payroll processing is the most important operation that you cannot mess up. This is their livelihood at stake, so it’s up to you to make sure that payroll goes off without a hitch. Fortunately, a cloud-based payroll system can help your company process payroll efficiently and accurately. Miscalculating payroll amounts. Integration challenges from payroll to general ledger. ACA Compliance.

Getting the Most Out of Your Global Payroll RFP, Part II

Immedis

In this case, you’re asking for a solution to your payroll problem. Your company’s request for proposal ( RFP ) document should specify exactly what your organization is looking for in your new payroll solution. So don’t create a “standard” RFP —use this opportunity to leverage your vendors and get the best solution for your global payroll operation. payroll, finance, IT, and HR) which functions are essential versus those they would like to have. Global Payroll

I-9 Compliance: How to Verify Remote Employees

Paycor

Certification of report of birth issued by the Department of State (Forms DS-1350, FS-545, FS-240). Original or certified copy of birth certificate issued by a State, county, municipal authority, or territory of the United States bearing an official seal. Compliance and Form I-9. An increase in government audits of Form I-9 has made the list of top compliance concerns for U.S. Paycor makes compliance easy. What is Form I-9?

Choosing the right cloud-based payroll system for your business

InfinityHR

Whether you’re a small or large business, you know that payroll processing is the most important operation that you cannot mess up. This is their livelihood at stake, so it’s up to you to make sure that payroll goes off without a hitch. Fortunately, a cloud based payroll system can help your company process payroll efficiently and accurately. Miscalculating payroll amounts. Integration challenges from payroll to general ledger. ACA Compliance.

California Payroll Tax: What Employers Need to Know

Zenefits

However, now is also the time that you have to get familiar with payroll taxes , something you’ll either have to pay or withhold from you employee’s checks and send into the government on their behalf. For small business owners based or operating in California, here are the basics you should understand about the California payroll tax and what they’re used for. What types of taxes are included in the California payroll tax? Payroll ComplianceCongratulations!

Sections 6055 and 6056: IRS Reporting Compliance

Tango Health

ALEs are required to self-report their compliance with the ACA to the Internal Revenue Service (IRS) on an annual basis. The IRS will allow employers to provide the statements in the same envelope as the W-2, which can cut down on administrative costs of compliance. For most companies, this means gathering and parsing the required information out of various systems – payroll, HRIS, enrollment platforms, etc. ACA IRS reporting compliance

2019 HR & Compliance Web Summit: Executive Summary

Paycor

Industry experts like Jennifer McClure offered actionable insights and advice on all things HR, from self-care for the HR pro to in-the-news compliance issues. Maintaining compliance for the organization. W-4 Changes In 2020: What You Need to Know |Speakers: Paycor Compliance Team. In this session, the Paycor Compliance Team examines how the 2020 Form W-4 is evolving and what you must do to remain complaint. Compliance: From Hire to Retire | Speaker: Brett Beilfuss.