Ensuring Global Payroll Tax Compliance

Celergo

Staying on top of tax compliance requirements can be a daunting task for any business. Ensuring global payroll tax compliance becomes a critical challenge when employees are located in multiple jurisdictions.

Employee Documentation and Record Keeping Requirements

Mitrefinch

While some businesses might try to cut corners when it comes to employee documentation and record keeping, there are some documents that are absolutely necessary. A lack of proper documentation and record keeping can lead to financial setbacks and even legal problems for companies.

ACA compliance: what HR needs to know

PeopleStrategy

and ace a bunch of multiple-choice questions, but you do need to follow the law’s guidelines regarding reporting, documentation and data management. Ensuring ACA compliance is a primary responsibility for HR leaders. ACA non-compliance can be costly.

Document Storage vs Document Management: What is best for HR?

NGA Human Resources

This article is also featured in the Global Payroll Magazine, download the full magazine here. . However, it is not just simply scanning paper documents. Day-to-day work : Document collaboration solutions allow multiple people to access and work from the same document.

Document Storage vs Document Management: What is best for HR?

NGA Human Resources

However, it is not just simply scanning paper documents. There are several options for storing and managing digital HR files to handle day-to-day work, compliance and security risks: Static Document Storage. Compliance : Document collaboration offers limited search capabilities.

Organizing I-9 documents: Keeping your employee paperwork compliant and secure

Business Management Daily

The agents are checking to ensure the target employer’s I-9 documents are compliant. Employers not found to be in compliance face penalties ranging from minor warnings to jail time. In a targeted industry or not, now is a good time to ensure all I-9 documentation is in order.

Worried about compliance? 5 tips for getting payroll right every time

Sage HRMS

Everyone finds it challenging to keep up with the ever-changing payroll laws. We’ve got five tips that will help you stay compliant and get payroll right every time. . Similarly, according to research by Fundera, a third of businesses are penalized for payroll compliance mistakes.

The Onboarding Documents You Need to Collect and Keep

Zenefits

In fact, you may collect employee documents during onboarding and throughout the employment period. If you have 15 or more employees, federal regulations dictate which documents you must keep and for how long. Payroll records. Your state may require additional documentation.

Non-Profit Wage & Hour Compliance

nettime solutions

In our previous article, we looked at how wage and hour compliance issues can affect a small business. The issues around wage and hour compliance affect non-profit organizations just as much, if not more so,” he says. Payroll is the biggest cost for every non-profit,” she says. For Non-Profits, Wage and Hour Compliance Issues Are Often Related to Timesheets. When compliance issues are related to timesheets, it can be extremely detrimental to a non-profit’s viability.

International Payroll & Managing International Expansion

Celergo

Do you need to set up international payroll? Will you payroll locally, regionally or centrally? Are you prepared to handle all of the legal requirements for managing international payroll in all locations? The five key legal considerations are: • Payroll management structure.

How Payroll Contributes to Company Culture

Achievers

This is payroll. Payroll may not be the obvious contributor, but it is nonetheless crucial in playing a vital role for employee engagement in company culture. Here’s how payroll directly contributes to a positive company culture. Company culture should not be overlooked.

3 Reasons Why Shadow Payroll is a Must

Global Upside

If yes, then besides arranging visa and managing the required documentation, you also need to take care of some the complex areas like shadow payroll. Shadow payroll is a concept where employees, working in a foreign country get paid by their home or host country. However, either way the employer is responsible for the payroll tax compliance in the host country. How Shadow Payroll Works.

5 Steps for Removing Barriers to Compliance Success

CIC Plus

For employers, the stakes for compliance have always been high. Failing to properly manage your tax and HR compliance programs can result in steep fines or reputational damage. The good news is that streamlining and simplifying compliance can help alleviate many potential issues. Let’s look at five steps your organization can take toward easier compliance success. Both require organizations to perform complex due diligence to make sure they’re in full compliance.

5 Steps for Removing Barriers to Compliance Success

CIC Plus

For employers, the stakes for compliance have always been high. Failing to properly manage your tax and HR compliance programs can result in steep fines or reputational damage. The good news is that streamlining and simplifying compliance can help alleviate many potential issues. Let’s look at five steps your organization can take toward easier compliance success. Both require organizations to perform complex due diligence to make sure they’re in full compliance.

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. For many companies, technology has changed the ways in which they manage HR compliance.

The Payroll Solution for Your Nonprofit

DATIS

Finding the right payroll solution can be a daunting process. This rings especially true for nonprofit executives, who are generally burdened by tight budgets, strict compliance requirements, and inadequate funding. Many nonprofits also make addressing their current payroll situation a low priority as they focus on addressing their organization’s core missions. First off, let’s start by talking about the cost of manually processing payroll.

Overcoming the Diminishing Returns in Risk and Compliance Management

360 factors

The law of diminishing returns, which states that after a certain point adding resources only gives marginal value, is certainly true for risk and compliance management. The Law of Diminishing Returns for Risk and Compliance Productivity.

Roadmap to Better HR Compliance

CIC Plus

As employment laws and regulations increase, so does your risk of penalties for non-compliance. Instead, read on for some tips and approaches for keeping in the know when it comes to all the moving parts for HR compliance. That’s the question, for employee documents.

4 tips for managing payroll accurately

Sage HRMS

The recent American Payroll Association “Getting Paid In America ” survey revealed that 92 % of American employees are confident that their paychecks are accurate every pay period. Payroll mistakes can lead to complex issues beyond employee compensation and can be very costly for your company.

Employee Records Retention: What, Why, and How?

Stratus

Payroll Records: what are the requirements? How long do I have to keep payroll records and what details have to be included in those records? Payroll Manager, Celeste, goes through all the details (hang on, there's a lot!!) What all has to be saved in your payroll records?

5 compliance mistakes you may not know you’re making

Insperity

When it comes to compliance, small businesses are often subject to the same laws and regulations that govern large corporations. Let’s look at five of the most common compliance mistakes. It sounds simple enough, but when hiring new employees many businesses fail to check the correct eligibility-to-work documents, fail to record their documentation, or keep missing or incomplete I-9 forms. It can be hard to know if the documentation you are checking is valid.

Workday Podcast: Don’t Take Payroll for Granted

Workday

Everyone loves payday, but the word “payroll” can cause anxiety for payroll professionals as they cope with changing regulations, higher expectations, and shifting workforce dynamics. Workday’s Mariana Santiago, vice president, payroll product management, and Stacey Harris, VP research and analytics at Sierra-Cedar, talked with me about these issues and more. Take a listen here: Don’t Take Payroll for Granted. Josh Krist : “Payroll.”

10 Reasons to Switch to Paperless Payroll

FingerCheck

From time tracking to payroll, nearly any business service can now be self-managed completely online. Payroll records never need to be physically retained (get out your paper shredder!), as documents can be retained online and instantly made available for as long as you want. .

Discovery Phase – the start of a successful Workforce Management (WFM) implementation

HRchitect

That is why it is best practice that prior to an implementation you run through a discovery phase and document all of your organization’s current policies, procedures and any changes that you’d like in the future state of your software. Written by: Erica Niesse.

5 benefits Payroll software can deliver to HR

HR Morning

As an HR professional, you usually don’t have to deal with payroll tasks beyond the basics when onboarding a new employee. Most HR software solutions have a payroll module that comes preloaded, but if yours doesn’t consider talking with your software vendor to see if it can be added on.

10 Bad Payroll Habits to Drop As Soon as Possible

FingerCheck

In theory, managing your company payroll shouldn’t be that hard. Consider strengthening your payroll approach with these tips. . “You’re likely to find great options that will cost you much less money than the same old payroll service.”

How to Assemble an Ideal Compliance Team

CIC Plus

We’re sharing some tips with you on how to assemble the right compliance team as your company grows. Have you had compliance issues in the past? As you can see, assembling the right compliance team depends on asking the right questions. . Payroll administrator.

How to Assemble an Ideal Compliance Team

CIC Plus

We’re sharing some tips with you on how to assemble the right compliance team as your company grows. Have you had compliance issues in the past? As you can see, assembling the right compliance team depends on asking the right questions. . Payroll administrator.

Why Pay Statement Compliance is So Complex

CIC Plus

As a payroll manager, last thing you need is to add more risk. You must show this on a pay statement (or a document issued the same day as a paycheck). New York requires even more years than California for keeping payroll records. Q: Are you using a 3rd party payroll service?

Payroll Professionals as Special Agents

CIC Plus

Payroll professionals might not find themselves careening down the side of a mountain in frantic pursuit of the bad guys like England’s famous special agent, but that doesn’t mean they don’t face their own harrowing feats. The theme for this year’s APA Congress was James Bond’s Pay Another Day, and just in the movies, there were some villains featured during the conference that Payroll professionals need to defeat. Payroll

12 Days of Advice For Time Tracking and Payroll Management

FingerCheck

If you’re up for a challenge, we’ve curated twelve days of FingerCheck time tracking and payroll advice for your consideration. Day 1 : Create written payroll procedures. Day 4 : Assess your payroll operations for improvement.

A Payroll Guide to Hiring Employees

FingerCheck

Register Your Company with Your State : Your company must be registered with your state for compliance purposes. Each state has one to three local agencies that handle compliance with specific filing requirements. Processing Payroll.

I-9 Compliance: How to Verify Remote Employees

Paycor

And all verification documentation must be viewed in person. The government allows a “trusted agent” or “trusted representative” to represent the employer when an employee can’t hand over their documents in person. Acceptable Verification Documents. Compliance and Form I-9.

4 Common Payroll Mistakes and How to Fix Them

Paycor

Overtime Pay, Pay Equity, Workers’ Comp, Payroll Taxes. Payroll Taxes. Dump Your Payroll Provider. Payroll Compliance: More Complex Than You Think. Here are four common Payroll mistakes you might be making: Misclassifying Freelancers and Employees.

Payroll Professionals as Special Agents?

CIC Plus

Payroll professionals might not find themselves careening down the side of a mountain in frantic pursuit of the bad guys like England’s famous special agent, but that doesn’t mean they don’t face their own harrowing feats. Payroll Professionals as Special Agents?

Bad Payroll Practices to Run Far Away From

FingerCheck

We sat down and spoke with our Payroll Compliance Director, Merle Capello CPP, who highlighted the following risky practices to refrain from: 1. Assuming that because you use a payroll software, you don’t have to check your totals. .

The Unseen Costs of Traditional Payroll Processing – Infographic

FingerCheck

Take for instance, your company’s payroll processing costs. A digital cloud-based system holds all employee punches, which supervisors and payroll staff can easily review, sign off, and approve right from their computer.