Tag: Payroll

Strategic HR & Payroll solutions to overcome the challenges of Covid-19 in the Tourism and Travel industry

The UK tourism industry is set to take off with outsourced payroll providing a smooth ride. In February, as the prime minister declared a 4-step plan to lifting COVID-19 restrictions, despite no promise for foreign travel, desperate holiday makers surged online, generating a spike in tourism bookings with TUI reporting a 500% increase (BBC). However,… Read more »

Flexible rewards: going fluid to match key priorities

COVID-19 has forced companies to reassess their priorities. Getting the basics right, such as payroll duties, is now by far the number one concern. Besides that, we see both a strong shift towards cost-efficiency and increased emphasis on employee experience, including personalisation and work-life balance. Although these three objectives could be met effectively by turning… Read more »

A Guide to Shadow Payroll

Globalization, talent shortages, a demand for specific experience in certain locations, and employee ambition are just some of the reasons organizations may find themselves managing payrolls in multiple jurisdictions for some employees. The term “shadow” or “mirror” payroll is one that many people have heard but is not necessarily something everyone fully understands. The operation… Read more »

Dealing With The Pandemic – Key Considerations for Payroll Continuity

As the Coronavirus pandemic continues to spread country by country, global businesses are facing testing times in the most literal sense. COVID-19 has pushed the practice of business continuity to its limits, stretching the recovery plans of organizations big and small to new levels. It’s the biggest test of Business Continuity Planning (BCP) that most,… Read more »

7 Qualities Of An Effective Global Payroll Leader

As organizations continue to navigate their way through the COVID-19 crisis, leadership qualities across the business are being put well and truly under the spotlight. That’s true in the global payroll department as much as any, with payroll leaders having to stand up and be counted to ensure employees around the world get their paychecks on time… Read more »

Payday Podcast Special: Diversity in the Modern Payroll and HR World

Diversity is now more widely recognised as an asset to modern businesses. Our complex, interconnected world has been shaped by globalization and technology, which means we are increasingly working alongside people from many different backgrounds and cultures. Successful diversity enables greater participation and collaboration between different groups to foster innovation, creativity and to get behind… Read more »

When Is It A Good Idea To Outsource Your Payroll Function?

When is it a good idea to outsource your payroll function? When it is a non-core function of your company. A non-core function is not a profit-making function, though it may be necessary for your business. In most businesses, administrative activities such as the payroll function are non-core functions and as such, have the potential to be… Read more »

KPIs That Elevate Global Payroll Performance

One of the most significant advantages of global payroll automation and system integration is our ability to monitor and measure the performance of those systems and how we use them to improve not just payroll, but overall organizational success. Key Performance Indicators (KPIs) are the data that drives efficiency and optimization within companies, and the numbers drawn… Read more »

Moving Your Payroll To The Cloud? Then Do It Now.

Since the emergence of the Coronavirus pandemic, the last few weeks have demonstrated the benefits of the ‘cloud’ when it comes to working remotely and our newfound digital revolution. However, it has also emerged that payroll may be one of those business processes that have remained bottom of the digital ‘to do’ list… until now…. Read more »

Workforce management, your secret weapon in a crisis (and beyond)

The COVID-19 pandemic has flipped the working world upside down. And it’s no secret that some businesses are coping with the circumstances better than others. Is your organisation one of them? While we certainly couldn’t have predicted the impact of coronavirus, with the right workforce management solutions in place, businesses can prevent further damage and… Read more »

Understanding Legislative Impacts in Germany During COVID-19

What are the global Payroll implications of the COVID-19 crisis? This is Post 5 of a series by Global Managed Payroll specialists Safeguard Global. This post looks at the payroll-related legislative implications of the Coronavirus crisis in Germany.