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Payroll Magazine: Summer edition | NGA Human Resources

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Many employers provide vehicles to their employees. Since employees are using the vehicles 24/7, the tax authority determines "imputed value." This means that the conceptual salary of the employee is higher than his or her gross salary. MP: Fifteen years ago, payroll was all about customer service. It has been forgotten for a few years but is coming round again. LS: Employees see it as a plus where employers are transparent about their pay strategy. Employees feel they can rely on it, and that action is being taken to close the gaps. These ethics and values are positively received in the market, so more employees will seek that transparency. Bookkeepers & Small Practices – A smaller practice doesn’t mean a less challenging environment. Find everything from tax and accounts preparation software to software for submissions to Companies House and managing your practice. Holidays: Employees who work five days per week have the right to 20 days of annual leave. Employees who work six days per week are entitled to 24 days per year. The paid leave can be reduced if the employee has worked less than 48 weeks during the year.

Speaking to HR magazine, he said: “In the past 12 months, we have seen countless examples of businesses being stung by these extremely skillful cyber-criminals. Only 41% of respondents had a succession plan in place. Is the payroll industry investing enough in future talent? We recently surveyed Global Payroll Association (GPA) members on how organisations have future-proofed their global payroll & HR processes. We were also keen to understand how aligned and optimised payroll & HR onboarding processes are when hiring new global talent.

EH: When companies moved payrolls from weekly to monthly, it was to support employer cashflow – nobody asked if it was right for employee well-being. When we give employees money at the end of the month, do we know what people are going to spend it on? It is their money, what right do we have to prevent people from having access to their own money? Employees can be required to perform overtime work only if there is a provision in the employment agreement or in a collective bargaining agreement giving the employer that right. Workers can only work a total of 12 hours more than the normal 48-hour maximum in overtime. IRIS Ed:gen for Multi Academy Trusts – Designed to provide MATs with the instant insight they need to optimise trust operations.

How organisations global expansion plans have been impacted by the ongoing coronavirus (COVID-19) pandemic.More products for all – Browse our other software and services which help keep accountancy practices on top of their day to day tasks. Find cloud software to help you work remotely, iXBRL tagging, booking software and more. Several laws applicable in Cyprus cover many aspects of employment and insurance. The most commonly used ones include social insurance, annual paid leave, and termination of employment legislation as well as social pension legislation. How would you advise someone whose company is just beginning to expand to a global payroll with regard to risk management and compliance?

Why IRIS? – We help organisations to make better business decisions by developing integrated software solutions to minimise admin, make business processes more efficient and give more time to do what’s valued. Our software and services are used by accountants, schools, and teams in payroll, HR and finance to solve some of the most important operational business problems. These include the need to remain compliant with the law, drastically reduce time spent on administration and reporting; and generating actionable data insights to make better business decisions. MS: I would like to understand if they will be specialists in their areas? Will they be looking for fault and interrogating the data for any technicality or will they be more pragmatic? Holiday pay is an area of real complexity. Accountancy Overview – We know that every minute counts in an accountancy practice and client relationships are everything to an accountant. Our software and services are designed to automate every possible aspect of your day to give you more time focussing on your clients. Find some of our most popular software and services below or use the menu to find exactly what you need.Services – Browse our invaluable payroll outsourcing options for the times when you really need additional resource. From fully managed payroll to international payroll our team of experts are here for you.

RG: It is a double-edged sword. In the pandemic, we saw two different things. Certain people stepped up their outlook, productivity, and their attitude to work. Others did not. WFH enhanced that vision of what happens in an office. SM: Companies should not just look at technology – they should look at their own process. Trying to sell to users is difficult because you are often working at stakeholder level when the users who implement the software have not been the decision makers. Another title for HR professionals who have chosen to specialise in a particular area, if your core interest is reward and benefits then you really have to look no further than Employee Benefits. It frequently breaks exclusives about new benefits that employers have launched and offers ample case studies to inspire your reward strategies. Then, identifying a need for a source of information and support for individuals working in the Global Payroll industry, Melanie founded the Global Payroll Association. Since its establishment, the GPA has gone from strength to strength offering invaluable support to payroll individuals and companies around the world. MP: Will they use this body to recoup money from the coronavirus schemes? In Australia, there is a lot of naming and shaming for holiday pay and minimum wage.

Pay on demand (POD)

GC: The good thing about the pandemic is that it has accelerated attitudes to WFH – but you would still be surprised how many companies are insisting on five days a week in the office. That is a tough sell to candidates on the market right now. Litt also said staff should be extra cautious during high risk periods, including CFO appointments, large acquisitions or losses.

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