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According to a close majority of votes in 2016, the British people voted to leave the European Union (EU). Brexit will have repercussions on the UK job market but how it could specifically affect UK Nationals searching for jobs remains in the balance. Here are some of the ways Brexit could affect the search for jobs in the UK:
The Republic of Singapore is a small city-state with a population of 5.8 million people. The diverse and multi-ethnic population of Singapore comprises 72.6% Chinese, 15% Malays, and 7.4% Indians. Amongst the other ethnic groups living in Singapore are Eurasians and laborers from South Asia, who make up a large part of the population.
Companies often find processing payroll across multiple countries can be challenging and complicated by unique regulations, different processes in each country, and lack of data. One of my new clients was managing employees in 7 countries and was struggling with their payroll provider.
My client’s payroll provider was missing bank deadlines, which resulted in employees across all countries not getting paid for a month. There were several different wire transfers needed each month to pay employees across 7 countries, and service was a major concern. To complicate matters, there was no global reporting or integration with the company HRIS system, so my client could not view payroll in real-time or determine what issues were arising in the payroll process. The company was growing rapidly, and they had no support to set up business entities, bank accounts, and employment contracts. They also needed help with leaver requirements and received very little support from the payroll provider.
When I showed the team the Blue Marble payroll platform, WebGlobe, the team loved the technology and the ability to standardize the payroll submission process for all countries. They also were excited about our money movement services that allow Blue Marble to take one lump sum each month and distribute payroll funds in the local currency to each of our in-country payroll partners.
Blue Marble also has a consulting services team to assist with the entity and bank account set up where needed. Our hybrid service model gives their local payroll administrators access to in-country experts for immediate issue resolution and answers to any questions regarding payroll, tax, pension, and statutory requirements unique to each country. Blue Marble will allow them to scale as they grow organically and through acquisition while ensuring all requirements are set up in compliance with each new country.
As a result, Blue Marble has successfully streamlined their international payroll processes and “made our team look great in the eyes of management” per their HR Manager. As they continue to grow and bring on additional locations and entities, there will be a smooth process with all requirements in place.
If your team is struggling with multiple systems, lack of reporting and data, or service issues, we can help. Our payroll platform is designed to manage all of your employees in 150+ countries. With global consulting services, we can help you scale and set up business entities in new countries, create custom employment contracts, and more. Don’t let global payroll complications get in the way of your expansion efforts – we are here to help! Talk to us today about simplifying your global payroll and see how easy it can be.
A country’s parental leave policy is often a reflection of how the country views gender equality. By dividing responsibilities between both parents, a country encourages gender equality and breaks free from traditional gender roles. Here are four countries with the best parental leave policies in the world:
Sweden is a country in northern Europe with a population of more than 10 million people. The majority of Sweden’s population is between the ages of 25 and 34. Currently, about 73% of Sweden’s labor force is employed but despite a youthful population, Sweden has a relatively high unemployment rate, at 531,000 people, or 9.7% of the population.
Global growth can be difficult to navigate in new countries or markets. Many times, HR professionals only have expertise in a few countries and are tasked with ensuring compliance for the entire organization globally. For companies operating in 10+ countries, this can be a very challenging task for HR teams. They often tell me “We don’t know what we don’t know.” Every country and market is very different and it can be hard to keep up to date with changes in our current evolving COVID era.
After an amendment process that went on for four years, the National Assembly of Vietnam finally approved the New Labor Code in November 2019, and it went into effect beginning January 1, 2021.
The New Labor Code of Vietnam has some significant changes that will impact different enterprises and organizations within the country.
Canada is the tenth-largest economy in the world and the fourth richest in natural resources, specifically, energy-related natural resources. While that’s not necessarily a massive advantage in a world that might be moving away from fossil fuel in a couple of decades, there are a lot of other factors that attract individuals and businesses to Canada.
Opening a business in Canada is easy if you have already emigrated to the country and living there as a permanent resident. However, if you are based someplace else and want to start a business there, here are a few Tips on Starting a Company in Canada.
Due to the high spread of coronavirus, the Danish government has put a number of restrictions on different parts of the Danish society. Since restrictions have been tightened, employers and employees must ensure that they follow all the new guidelines. Read more about Employer Guidelines in Denmark for COVID-19.
The United Arab Emirates, or UAE, is a country made up of seven emirates. One way to think of them is they are akin to states or provinces in the other countries, albeit with more autonomy. If you are considering expanding your business into this progressive and business-oriented region, the two emirates you might be most interested in are Dubai and Abu Dhabi (the capital). Together these emirates contain about 70% of the country’s total population. Another fascinating thing to note before we get into the details of payroll compliance is that almost 88.5% of the population is made up of ex-pats. So, if you are establishing or expanding your business to the UAE, chances are that most of your employees will be ex-pats. Learn more about Understanding Payroll Compliance in the United Arab Emirates.
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