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Italy is a European country on the coastline of the Mediterranean Sea and is home to Vatican City, the seat of the Roman Catholic Church. It has a population of more than 60 million people. The vibrant city of Florence is best known for being the epicenter of the Renaissance, which led to the creation of masterpieces such as Michelangelo’s David.
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.
Multinational companies have faced many challenges over the last year. Now that the new year has begun, it’s time to look at your global payroll and identify ways to simplify the process. With new in-country regulations due to COVID, new Brexit rules, and furlough schemes in each country, payroll has gotten more complicated. How can you make sure you’re getting the most out of your global payroll in 2021 and stay ahead of new changes?
Technology
Each country has made adaptations to daily work life due to different government lockdowns and social distancing protocols. Some offices are fully remote, some are working with 50% capacity each day, and some have laid off or furloughed employees due to business conditions. Using technology to communicate and manage daily operations is a must have in this environment.
Platform
Using one platform to manage your employees across the globe is the gold standard in global payroll. Your payroll technology should have one login to manage employees in every country, provide automated updates, customized reporting across all countries and currencies, and real-time access to your payroll costs across the organization. If your payroll process isn’t running smoothly, your technology could be the problem. Having the right software that works for you is the key to simplifying payroll, reducing errors, and ensuring compliance in each country.
Expertise
One other aspect of global payroll is in-country expertise. What happens if you have a question about your payroll in India? What if the rules in India have changed and you didn’t know? Having direct access to in-country experts is another step in the right direction. You shouldn’t have to wait a week (or 2) to hear back on a simple payroll-related question. If you don’t have direct access to your payroll experts in each country, you’re missing out.
Blue Marble has taken the stress out of paying employees internationally. Our cloud-based technology is easy to use, provides customized monthly reporting across all countries and currencies, automatically updates with new payroll regulations in each country, and we provide a unique-to-the-industry hybrid service model so you have a US-based team and direct access to payroll experts in each country when questions come up. How simple can it be? Talk to us today to find out!
Ever since the spread of coronavirus in Canada, more than two million workers have lost their jobs. There have been severe effects on unemployment, hours, and wages. This means that the labor market is struggling to make ends meet, and industries are experiencing significant changes, especially in the outcome of the Canadian economy. Read more about the COVID impact on the Canadian Labor Market.
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?
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?
The Impact of COVID-19 on the Australian Market can be felt by most industries in Australia in the form of reduced employee working hours, wage cuts, and staff reductions. Estimates show that 41% of jobs are at high risk of being terminated. This is why the Federal Government has introduced the JobKeeper wage subsidy scheme. Numerous industries in Australia have been shut down. Jobs have been terminated, and employees are being asked to take paid, or unpaid leaves as employees cut working hours or impose pay cuts. This will affect consumer spending, home price growth, and wage expectations, especially if the situation continues to worsen.
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.
