Perspectives |  Payroll & Finance

Q4 2021 Trends: Factors Leading Toward Compensation Overhauls

Changes to the workplace due to the COVID-19 pandemic are still evolving, including a more recent trend this year—compensation. “March of 2020 was a pretty scary time. Sequoia issued a Black Swan memo and it seemed like the world was going to end. But—following a strong dip in April 2020, the markets later came back booming in […]

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Best Practices |  Payroll & Finance

Top 4 Benefits/Cost-Saving Measures for Unifying your Payroll

Unifying your global payroll each month will save your company several hidden costs. On top of saving costs from hiring less payroll vendors, you will also likely avoid several additional hidden costs. Compliance Risk The support of in-country local partners to make sure compliance issues are 100% taken care of is invaluable. The IRS estimates […]

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Interviews |  Payroll & Finance

Interview with Christine Stolpe: The Importance of Payroll Education and Networking

Christine is a seasoned payroll professional with broad experience in both domestic and global payroll teams. She is passionate about mentoring other payroll professionals to gain top-of-the-line education and certifications, fostering a teamwork approach through patience and cohesiveness, while supporting the goals of a culture and company. You mentioned that you are passionate about educating […]

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Best Practices |  Payroll & Finance

Global HRIS: How to Develop a Post-Pandemic Payroll Strategy

Simon Bradbury is the founder and a Payroll Implementation Consultant at Global HRIS. He’s worked in payroll and HR for several years, specialising in global programme implementations. He’s supported on the payroll and HR transformation for global outsourcing leaders, including NGA HR, SD Worx, Ceridian and Safeguard Global. Over the last year, the coronavirus pandemic […]

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Best Practices |  Payroll & Finance

The Importance of Accurate Tax Information for New Hires: Common Problems Globally

Throughout the world, onboarding employees with proper country-specific tax forms is crucial to prevent problems down the line. For example, if you fail to file proper forms, employees may end up paying too much on taxes throughout the year or not enough. Errors to Avoid U.S. In America, failing to fill and file a W-4 […]

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Best Practices |  Payroll & Finance

Creating a Standardized, Non-Biased Compensation Policy with Caitlin Revie

Caitlin Revie, SHRM-CP, is the People Operations Specialist at crowdfunding marketing agency, LaunchBoom,a company that empowers the world to build successful brands and has been fully remote since 2018. Revie is an HR Generalist who is most passionate about being able to craft intricate and innovative solutions by understanding both the complexities of business and […]

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Best Practices |  Payroll & Finance

How to Identify and Avoid Payroll Leakage

The greatest cost of doing business is often payroll: wages, overtime, bonuses, benefits, and taxes. Payroll can account for as much as 70% of total business costs. Because of this, there is a clear need to assess those costs, particularly when payroll goes wrong. Payroll leakage – when payroll is not in ‘control’ and/or unintended […]

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Interviews |  Payroll & Finance

International Tax and Global Mobility Trends with Angel Ali

An accounting professional for 12+ years, Angel Ali has experience in tax, consulting, compliance, and managerial accounting and currently works as an International Tax and Payroll Manager. She joined our #peopleandpayroll community this year, after learning about the community as a client of Papaya Global. Ali is based out of Falls Church, Virginia. “Being a […]

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Best Practices |  Payroll & Finance

Weekly, Bi-Weekly, Bi-Monthly, and Monthly: Your Guide to Choosing the Right Payroll Program

As a payroll professional, you will likely encounter different companies with different payment policies. Bi-monthly is very common among salaried workers, usually with payouts happening on the first of the month and the 15th day of the month. Sometimes companies prefer to pay hourly employees bi-weekly and in some cases, employees are paid weekly. In […]

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Best Practices |  Payroll & Finance

Help Junior-Level Employees on Your Teams with these Common Payroll Mistakes

What are your top payroll lessons learned? We compiled a list of top mistakes, but we would also love to add your personal experiences to this list! Incorrectly Classifying Workers One of the most common errors in payroll is misclassifying employees as independent contractors. In fact, it is estimated that 3.4 million employees are classified […]

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Best Practices |  Payroll & Finance

Navigating New IR35 Rules

In the UK, currently, one of the most controversial topics in payroll is the IR35 contract. As of this month (April 2021), private sector employees now have to the follow the same rules as the public sector regarding the IR35. Agencies like the Federation of Small Business have warned both companies and contractors will see […]

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Best Practices |  Payroll & Finance

How to Create a Scalable, Agile, and Sustainable Payroll Delivery Model

The technological disruptions in the payroll industry today, along with recent changes in global circumstances, are all giving way for payroll leaders to identify an emerging crucial angle to this profession – strategizing flexible and sustainable payroll delivery models. Payroll as a transformation strategy rather than a functional one Treating payroll as a mundane functionality […]

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Best Practices |  Payroll & Finance

State Tax Implications of WFH

Before You Make any Permanent Decisions Regarding Your Company’s WFH Policy, Better Consider These State Tax Compliance Costs There is a lot of ambiguity around the tax implications of the work-from-home (WFH) model that was forced upon an overwhelming number of businesses in the US since last March. Even congress still does not have all […]

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