Technology, data security, and compliance will reshape 2021 Global Payroll Trends. Multinational companies faced unprecedented obstacles in 2020 and have had to make accommodations for employees around the world to keep up. New sick leave, furlough policies, and working environments have changed drastically over the last year and will continue into 2021. How can you stay ahead of global payroll changes and maintain compliance?

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This year the UK government has implemented several UK Regulations Affecting employee payroll. The Job Retention Scheme that was announced in March 2020 has been gradually changing the employer contribution requirements each month, and in November 2020 announced the scheme would be extended until April 2021. Another highly controversial regulation related to IR35 (off-payroll rules) affecting contractors was postponed in 2020 but will go into effect beginning in April 2021. How does this affect your employee payroll?

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As the year draws to a close, companies have faced unprecedented challenges that will unfortunately most likely continue into early next year. Countries around the world have adapted regulations and compliance requirements to account for the ongoing pandemic, and multinational companies have had to adapt to the changes in real-time. What does this mean for 2021 business operations? What kind of Global Payroll Challenges in 2021 will we see?

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This year is different in so many ways, and we have had to make challenging decisions and changes to the way we work. Trade shows and events have evolved as a result, with most conferences moving to virtual events. One of the largest industry conferences of the year, HR Technology Conference and Expo, has moved to a virtual event that begins October 27th.

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Each year you make a plan, budget, and create new initiatives. Payroll is often overlooked as an operational expense, not as an area for improvement. But when it comes to strategies to simplify global payroll, there are always enhancements that can be made.

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