Papaya Global Kraków Opinię 2024 – All You Need To Know

The Challenge of International Payroll: Papaya Global Kraków Opinię …

Worldwide expansion brings about diverse difficulties, and payroll management is no exception. Differing tax regulations, differing work laws, and numerous currencies make it imperative for organizations to adopt sophisticated options to guarantee precision, compliance, and efficiency in payroll processing.

Software: A Comprehensive Service:

workers so it’s really basic to make sure that you’ve thought about from the outset any post-termination restrictions that you want to put into the agreement of work that they’re enforceable so that indicates you require to actually think of what it is you’re aiming to protect and why clearly Specify what’s consisted of within the scope of that secret information and attend to the duration of limitation post-determination that you want to use and be truly able to to validate that in relation to copyright the position really depends upon the type of copyright you’re looking to protect and also the jurisdiction so for instance from a copyright viewpoint in the Netherlands completion client is more likely to have the um copyright rights in a copyright that the workers produced who’s been under their supervision and control immediately however in somewhere like Poland for instance that automatic right might not exist and that task would require to flow through the chain uh contractually so it truly depends upon the jurisdiction and the kind of IP alright thank you Elizabeth Steve was staying on the subject of contracts Miss categorized misclassifying employees

Papaya Global Software has become a game-changer in the realm of international payroll management. Its cloud-based platform integrates payroll, labor force management, and employee benefits into a single, user-friendly interface. As the CFO, I have actually experienced firsthand the favorable impact of on our organization’s financial operations.

Unified Global Payroll Processing:
enables our business to process payroll flawlessly throughout several nations. The platform’s unified approach permits constant payroll estimations, decreasing errors and guaranteeing compliance with regional regulations. This has significantly reduced the risks associated with worldwide payroll processing.

also key for if later on someone says misclassification you have your file supported by the requisite files and that the right evaluation tools to show someone that you had a thoughtful process and so what do you have to include in that process it’s the who the what the where and the when who are you handling are you handling a specific or are you handling an individual Service Corporation and how are they running what are they doing is it the kind of work that lends itself more to being an independent contractor than a staff member so for instance accounting

I.T crafting the creatives these all lend themselves more to that examination of being freelancer you know also uh where are they doing it can they work from anywhere or do they need to be on site and managed once again another crucial factor is the management and guidance of the uh worker and after that finally when is it a particular job is it a six-month task 6 years all of this is workable but it needs to be documented and it has to be thoroughly um examined so we have a tool we call it ic2 we had an ic1 and we’ve improved it this year so that we can roll it out worldwide these tools take a questionnaire list for the worker the worker submits and fills these concerns out therefore does completion client or the recipient of the services they both put their information into the tool and then it does an examination waiting the various questions since not every jurisdiction has the exact same sensation about a few of these concerns some think they’re more crucial than others and it comes out with a red yellow or green red you’re most likely a staff member yellow you’re on the cusp we can most likely help you with that in regards to a few of the important things you need to bolster to ensure that you are given that examination of uh independent contractor or green where you were examined as an as a independent specialist once that assessment is done all the requisite documents are below it so that if in the future there

Automated Compliance:
Browsing the complexities of worldwide employment laws and tax policies can be overwhelming. Papaya Global’s automated compliance engine keeps our organization up-to-date with modifications in guidelines across jurisdictions. This guarantees that our payroll processes adhere to the latest standards, lessening the threat of non-compliance and associated charges.

Performance

Papaya Global Kraków Opinię and Time Savings:

The software application’s automation abilities have actually significantly lowered the time and effort needed for payroll processing. Manual information entry and recurring jobs have been reduced, permitting our finance team to concentrate on tactical efforts instead of administrative problems. This has actually resulted in increased effectiveness and performance within our monetary operations.

in one since each state has its own regulations Californians are some of the most strict an example is pay slips on a payslip in California the best information has to be on the payslip in the right format and in the ideal position if you’re in breach of of regulations for payslips the fines are provided per payslip so that’s each worker each pay slip will incur a great thanks Ray thank you Elizabeth a lot to fret to think about and we’re only 2 concerns in and 10 minutes or two working with in one country is difficult enough however when working with in a you understand on an international level it’s a completely various story you require to make sure that you’re up to date with present along with pending regional labor laws Steve um how do you make certain and guarantee that the people 2.0 team is on top of an ever-changing landscape which your clients are fully supported and I’ll organize this into three essential things we carry out in primarily you need to have the right team so we work with a group of worldwide professionals in Work Practices um that ex that group of professionals consists of attorneys it includes payroll professionals it includes HR specialists and these are individuals that not just know the laws in these in these countries and areas but they also know the languages they understand the local practices they know the cultures and it’s important to have that ideal group and genuinely have the team on the ground uh working with cl

Real-time Analytics and Reporting:

Papaya Global supplies thorough real-time analytics and reporting tools. As a CFO, having access to accurate and prompt financial information is essential for decision-making. The platform’s reporting abilities empower me to make educated strategic decisions based on real-time insights into our international payroll data.

application and its scope and the manner in which it applies to employment law in practice can be checked through the judicial system by way of case law examples of that would be the obtained rights regulation otherwise known as the 2p regulations in the UK the working time regulations which has actually had different hairs of that legislation tested particularly around vacation pay and naturally as Kathy’s going to come on to speak about later employment status which there’s been several precedence set for many years so I think it’s truly that constant development of the employment law landscape that you really need to browse when when operating in Europe all right thank you Elizabeth Ray what about you from your personal experience while crossing the pond as mentioned each nation has various regulations but the United States is essentially 50 nations

Scalability for Business Development:
One of the standout functions of Papaya Global is its scalability. As our business continues to grow and expand into new markets, the software application perfectly accommodates modifications in our labor force and payroll requirements. This scalability ensures that our payroll infrastructure can adjust to the evolving requirements of our international organization.

Worldwide Chief legal officer we have actually got Elizabeth Beal who is our primary legal officer for Amia and we have actually got Ray Gander who is our senior vice president of customer service and I would say separately and collectively these three people have Years of experience in in work law and global Employment Practices so thank you it’s an enjoyment to be with everyone here today sounds like we’ve got the right people with us today and in in addition to to those well we also have one of our own Stars delete share head of Global Solutions at papaya Worldwide inform us about yourself thank you Elin Ian hi my name is Elite I have actually been with the business for around 4 and a half years as head of Collaborations I have actually developed Papaya’s network of in-country Partners in over 160 locations on an individual aspect and related to our subject today I’ve had the chance to relocate and work in 3 different countries it is the company’s duty to guarantee my protection while living in a foreign nation compliance with regional laws and regulations is vital for me or anyone else as an expat or as a regional so today we have actually welcomed our trusted Partners individuals 2.0 to show the importance of regional

knowledge when companies Go Worldwide thank you and take pleasure in all right thank you as I said let’s carry on to the pact program today’s webinar is an opportunity to ask the panel the concerns you’ve been thinking about we’ll talk about the facts a company requires to think about when opening a new entity and expanding into brand-new nations along with keeping things going we’ll cover aspects such as local guidelines considerations when hiring compliance essential difficulties payments and what not to do it is among the most important things remembering what not to do um operating on a global level is not for the faint-hearted the bigger a business grows the more they need to comprehend and handle knowing what to do in each brand-new scenario as it rises is essential on many levels comprehending regional guidelines and regional laws along with company practices assists mitigate Associated and worldwide growth papaya through our local professionals can browse potential dangers such as intellectual property protection information privacy security problems making sure the business’s operations remain certified and safe tax Social Security returns and remittances vary by country

In conclusion, Papaya Global Software application has proven to be an invaluable asset in our mission for effective and certified worldwide payroll management. As the CFO of a worldwide company, I am positive in advising Papaya Global to organizations seeking to streamline their payroll procedures, boost compliance, and achieve higher efficiency in handling their international labor force. The software’s innovative features and dedication to quality line up with our tactical goals, making it an essential part of our monetary operations.

publicly announced and it was 100 million dollar settlement that Uber made with the state of New Jersey one state in addition to the publicly announced settlements there’s likewise significant legal costs there’s there’s other penalties there’s other expenses behind that as well so the overall expense can be very substantial in the tens of millions of dollars or more and and those quantities are growing uh the reason companies are getting it so wrong is really just the guidelines are complicated and they’re altering all the time think ir-35 in the UK which has actually been a continuous development for a number of years now and and still a lot of unpredictability amongst business on what it actually suggests and how you deal with it most companies are just not knowledgeable about the rules and and act as if the the rules are the same everywhere which they’re not so so encourage you to to be extremely proactive as you’re engaging uh workers from a classification viewpoint fine thank you Stephen and returning to yourself Ray it’s not just the company that suffers in the long run what effects can this have on the employee Papaya Global Kraków Opinię especially when it concerns their own tax liabilities social security and benefits for instance jury and clearly the employees the opposite of the coin

 

Cost Factors to consider and Papaya Global Kraków Opinię …
The extensive functions of come at an expense,

 

Over the past couple of years, the labor force has undergone a considerable transformation with the development of remote work, which has removed geographical constraints on hiring. This has made it possible for services to recruit talent from all over the world, permitting them to assemble the very best possible team for each role. As a result, staff members have gotten greater flexibility to work from home and increase their revenues without needing to relocate to expensive locations or commute long distances. According to a 2022 survey, 87% of workers who have the alternative to work from another location pick to do so. The COVID-19 pandemic, combined with improvements in enterprise connectivity software application, has actually further accelerated the shift towards remote work, even in industries that were at first hesitant to adopt the pattern.

insights are important to us and and your fellow attendees so first things initially though um let’s get to know everyone my name is Ian Charles and I have actually worked in payroll for the last 25 years I have actually had roles in all sort of Industries retail and Beauty to Aerospace in all kinds of businesses startup to matrixed environments across the globe I provided management and technique to populations of more than 100,000 staff members on a month-to-month basis and in over 170 nations today I’m the perel strategist for papaya

Global I work across business guy maning and building external relationships supporting Enterprise clients and services and serving as a consultant I wish to introduce our first Greg um guest Greg who will kick things off by telling us um who he is and a bit more about bamboo HR Greg over to you thanks Ian yeah as Ian said my name is Greg Piper uh I am the senior business counsil at bambo HR so I lead our in-house legal team and in fact work really closely with our um HR department as well to deal with various legal and HR matters that come up so truly excited to be here about bambo HR if if you’re not familiar with us uh at bambo HR we state our mission is to set you as HR experts totally free to do terrific

Application Barriers:
Although Papaya Global supplies combinations with different HR and finance systems, we experienced some obstacles during the combination process. Customizing the software to line up with our existing infrastructure proved to be more complex than prepared for, leading to hold-ups in the initial rollout.

Prices Concerns:
The extensive functions used by Papaya Global come at an expense, which a few of our smaller sized subsidiaries discovered to be prohibitively pricey. As an international organization, we had to thoroughly weigh the requirement for innovative performance versus budget restraints.

Support Action Time:
On occasion, our groups experienced issues that required urgent assistance. Nevertheless, the response time from Papaya Global’s consumer support group was not always as prompt as we would have liked, resulting in delays in solving those concerns.

Our execution of involved a phased approach. We began by onboarding a couple of subsidiaries to test the system’s compatibility with our existing processes. This permitted us to recognize and attend to integration obstacles early on. As the software ended up being more ingrained in our operations, we slowly broadened its use to cover our whole international labor force.

The automated features structured our payroll processes, minimizing the time invested in manual computations and compliance tracking. Regular training sessions and ongoing support from Papaya assisted our groups become skilled users of the software, maximizing its capacity for our company.

Companies that employee workers throughout several nations typically deal with complex challenges when it comes to managing their workforce. Among the biggest hurdles is combining different information streams and adhering to diverse regional and national labor regulations, which can be both time-consuming and costly. Additionally, setting up local entities in brand-new regions can be a pricey and suboptimal option, with alternatives such as opening a foreign subsidiary or working with an expert employment company (PEO) often charging up to 15% of the payroll. These obstacles have caused a considerable increase in trouble recruiting qualified workers, with 75% of employers reporting this issue in 2022, a 21% boost from 2019. The payroll and HR options market, valued at $26.4 billion in 2022, is anticipated to reach $50.4 billion by 2030.

offers a solution supporting all kinds of employment. It provides an end-to-end platform, from employee onboarding and ongoing management to worldwide payments and. It assists business with labor law compliance in the jurisdictions in which they operate, uses management of employment benefits, and guarantees data personal privacy in compliance with GDPR.

Eynat Guez |
Eynat is the CEO of. An entrepreneur with 15 years of experience, she is a leading professional in payroll and labor force management. She co-founded after seeing the technology space in international.

papaya this webcast has been pre-approved for hrci and Sherm credit please make sure to participate in the complete webcast in order to receive your credits if you have any concerns during the webcast please click on the Q&A tab in your webinar controls and type the there a new tab will open in your web browser with the webcast survey please be sure to finish it as soon as the webcast has ended it is now my pleasure to turn it over to Pap and bamboo HR for their discussion hello and thank you for joining us today we’re enjoyed have you here as we embark on a journey of data to policy achieving

360 degree employee compliance where we’ll dive into the vital aspects of the employee compliance management model throughout the session we’ll explore real world challenges real regional policies finest practices and the function of Automotion in simplying compliance journey be prepared to emerge in a thorough understanding of how to protect your company and workers while staying certified in an

Ever progressing regulatory environment in the everchanging world of business and financing ensuring compliance with payroll regulations is not only vital but also a legal essential from the moment of employing to the in intri intricacies even sorry of termination every step along the employee journey is Frau with compliance dangers that have significant effects nevertheless with a deeper more nuanced understanding of their responsibilities organizations can not just navigate the elaborate landscape but likewise proactively guarantee this 360 degree compliance the webinar is developed to equip you with the knowledge and tools needed to browse the complex Terrain of compliance whether you’re an experienced P specialist a small company owner or someone new to the field what I would like to do before we begin and I believe it’s truly essential

In our quest to enhance efficiency and precision in managing our global labor force, our multinational corporation turned to, a leading and workforce management software application. The transition aimed to streamline the complex task of handling across various nations, currencies, and compliance policies.

The Good:

Compliance Management:
Among the standout functions of is its robust compliance management system. The software instantly updates itself to abide by ever-evolving tax and labor laws throughout multiple jurisdictions. This has been indispensable in guaranteeing that our processes remain certified in each country of operation.

is to state that the content here is illegal suggestions it is simply for your details please consult your legal team should you have any concerns or concerns in relation to anything that we’ve gone over today our key take crucial takeaways by the end of the webinar will be an understanding of worker compliance dangers how to employ ly with confidence how to simplify data management and automation so let’s take ourselves a minute to familiarize ourselves with the webinar platform once again as we’ve.

act as your hris or is sort of your core employee record um to manage that worker life process throughout their Journey with you as as a worker in addition to a payroll module we have to assist you pay those employees and compensate them and benefits Administration module that permits you to assist manage the benefits you offer to your employees so really excited to be here represent um bamb booy container and speak about this subject um and I guess from my viewpoint I’ll I’ll probably supply a lot of a focus on the United States side of things when we speak about sort of compliance so happy to be here thanks for having me Ian okay thanks Greg um Gina over to you would you like to present yourself and tell the audience a bit about papay international yes absolutely thank you Ian hey there everybody I’m Gina dorelis I’m the Work professional supervisor.

at I manage the work Council in the United States APAC EMA and Israel region I also work as us Council for I’m certified in New York and New Jersey um we ensure compliance onboarding and offboarding of workers with regard to papaya we provide payroll payments and labor force management as a Service work force provider to workers serving in over.

160 countries fine thank you so both I feel completely underqualified sitting here with you both well I forgot to mention as we were sort of like going through the introduction so it’s really actually nice to really see in the webinar chat where everyone’s actually going to from today I can see that we have people in Las Vegas and Indiana currently so if you wish to continue inform where you are that would be definitely wonderful whilst we just wait on everyone else to kind of like join in there we go Chicago as well well um so whil we’re doing that I’m awaiting everybody to sort of join I’ll just run us through the program um today we are going to go over hiring Skill brand-new greater Info Management termination compliance and automation wow the chat has got actually really busy so we got Dallas Austin San Antonio Toronto San Francisco Richmond um you’re originating from definitely all over which is wonderful so uh I’m hoping that we’re actually going to have some truly fantastic commentary and concerns throughout the uh the webinar too alright so that’s the program then what I want to Now cover is the the compliance and the Personal privacy side of things so the the Journey of a staff member and their data is Papaya Global Kraków Opinię complex without fail and an.

Ever evolving relationship that begins the minute a person signs up with a company it continues throughout their work and Beyond this journey can be divided into k to numerous essential phases whilst we’re really you understand that they’re employed with us so on boarding daily operations settlement and benefits professional advancement then we get to the offboarding and even advocacy so it even takes place after the staff member has actually left your work throughout the journey organizations are responsible for gathering keeping protecting worker information in compliance with information personal privacy regulations no matter where it is you’re operating around the globe it typically includes executing safe information management systems and making sure rigorous adherence to regional requirements to protect both the worker and the company the advancement of staff member information and management c.

I find time and time again the employees often misclassified unknowingly they do not understand the conditions of work or contract and are told by the client why it’s optimum mainly to the client why you must be employed or participated in this fashion the employee might owe taxes and Social Security to the authorities the future pension and healthcare privileges of the employee can be affected and several times it can be years before this all falls out and by that time it’s too late years have actually passed they haven’t added to pensions Etc so it’s a huge effect that they never understood they were walking into you couldn’t agree with you more if you state the UK for instance hmrc can go back as much as ten years um Kathy companies are securing insurance coverage versus misclassification but typically premiums are only covering the cost of legal fees whilst the average claim assessed versus employers equates to to 40 or half of the base pay of worker is there any point in taking out insurance and what is the alternative yeah to your point um you do need to check out the fine print it is not covering the taxes penalty and interest in most cases I haven’t seen it a minimum of so uh the the other area that I do think if you managed to get the protection what we are saying is is that if your compliance program is not up to pack you could be rejected protection on the basis of the truth that you were not in compliance with laws um in the UK

Papaya Global Kraków Opinie 2024 – All You Need To Know

The Obstacle of Global Payroll: Papaya Global Kraków Opinie …

International expansion causes varied difficulties, and payroll management is no exception. Differing tax regulations, differing employment laws, and multiple currencies make it vital for companies to adopt sophisticated solutions to guarantee precision, compliance, and efficiency in payroll processing.

Software application: A Comprehensive Service:

workers so it’s actually fundamental to ensure that you’ve thought about from the start any post-termination limitations that you want to put into the contract of employment that they’re enforceable so that implies you require to really think about what it is you’re seeking to secure and why plainly Specify what’s included within the scope of that secret information and address the period of constraint post-determination that you wish to use and be truly able to to validate that in relation to intellectual property the position truly depends on the type of intellectual property you’re seeking to secure and also the jurisdiction so for example from a copyright point of view in the Netherlands the end customer is more likely to have the um copyright rights in a copyright that the workers produced who’s been under their guidance and control immediately nevertheless in somewhere like Poland for example that automated right might not be there which project would require to stream through the chain uh contractually so it actually depends on the jurisdiction and the kind of IP okay thank you Elizabeth Steve was staying on the subject of contracts Miss classified misclassifying employees

Papaya Global Software application has actually become a game-changer in the realm of international payroll management. Its cloud-based platform integrates payroll, labor force management, and employee benefits into a single, user-friendly interface. As the CFO, I have actually witnessed firsthand the positive effect of on our company’s financial operations.

Unified Global Payroll Processing:
enables our business to procedure payroll flawlessly throughout numerous countries. The platform’s unified method allows for constant payroll computations, lowering mistakes and ensuring compliance with regional policies. This has actually substantially reduced the threats connected with global payroll processing.

also essential for if in the future somebody states misclassification you have your file supported by the requisite documents which the ideal evaluation tools to reveal someone that you had a thoughtful process therefore what do you need to consist of in that procedure it’s the who the what the where and the when who are you handling are you handling a specific or are you dealing with an individual Service Corporation and how are they operating what are they doing is it the kind of work that provides itself more to being an independent professional than a staff member so for example accounting

I.T crafting the creatives these all lend themselves more to that evaluation of being freelancer you know likewise uh where are they doing it can they work from anywhere or do they need to be on website and handled again another key factor is the management and guidance of the uh worker and after that lastly when is it a particular task is it a six-month task 6 years all of this is manageable however it needs to be recorded and it needs to be completely um investigated so we have a tool we call it ic2 we had an ic1 and we’ve enhanced it this year so that we can roll it out worldwide these tools take a questionnaire list for the employee the employee submits and fills these questions out therefore does completion customer or the recipient of the services they both put their information into the tool and after that it does an evaluation waiting the different questions due to the fact that not every jurisdiction has the same feeling about a few of these concerns some think they’re more crucial than others and it brings out a red yellow or green red you’re most likely an employee yellow you’re on the cusp we can probably help you with that in terms of some of the important things you require to reinforce to make certain that you are given that examination of uh independent contractor or green where you were examined as an as a independent professional once that evaluation is done all the requisite files are beneath it so that if in the future there

Automated Compliance:
Browsing the complexities of global work laws and tax policies can be overwhelming. Papaya Global’s automated compliance engine keeps our organization current with modifications in guidelines throughout jurisdictions. This ensures that our payroll procedures comply with the most recent standards, reducing the danger of non-compliance and associated charges.

network of In-House outside advisors accounting companies and legal companies who help us keep our databases entirely up to date and we likewise get in touch with we need to when we see an uncommon or or particularly complex circumstances alright thanks Steve I can just see a fast question in the Q a window yes the session will be recorded and sent out to participants afterwards um moving back to to the webinar itself Ray company of record is managed in a different way around the globe and the German law for instance it’s classified as worker leasing can you shed any light on some of the special considerations for countries and where the eor model isn’t regulated yes Ian worker leasing or labor leasing as it’s also called which is prevalent in numerous countries especially in Europe enforces strict regulations on items such as the length of project it also appoints employees to collective bargaining contracts that provides rights and advantages but even in the nations that don’t have those strict policies for example the UK Canada and the nordics there are guidelines for each nation and each employee is dealt with the like all the other employees in that country and all those regulations require to be followed all right thank you Ray um Kathy moving I would state to yourself what do business require to consider when figuring out agreement status to protect themselves and the rights of hires what are the advantages and disadvantages of employing specialists and Freelancers versus irreversible workers so undoubtedly the the benefit of professionals versus employees is the the flexibility for both the worker and for the company um however I can’t worry enough how essential it is to have a consistent extensive and a well-documented compliance

Effectiveness

Papaya Global Kraków Opinie and Time Savings:

The software application’s automation capabilities have actually substantially lowered the time and effort needed for payroll processing. Handbook information entry and recurring jobs have been lessened, permitting our finance team to focus on tactical initiatives instead of administrative problems. This has resulted in increased performance and efficiency within our monetary operations.

in one considering that each state has its own policies Californians are some of the most strict an example is pay slips on a payslip in California the right details has to be on the payslip in the right format and in the best position if you remain in breach of of policies for payslips the fines are provided per payslip so that’s each employee each pay slip will incur a great thanks Ray thank you Elizabeth a lot to worry to consider and we’re just 2 questions in and 10 minutes or so employing in one country is difficult enough but when working with in a you know on a worldwide level it’s a completely different story you need to ensure that you depend on date with existing as well as pending regional labor laws Steve um how do you ensure and guarantee that individuals 2.0 group is on top of an ever-changing landscape which your clients are totally supported and I’ll organize this into 3 key things we perform in first and foremost you need to have the best team so we hire a team of global experts in Employment Practices um that ex that team of experts consists of lawyers it consists of payroll professionals it consists of HR specialists and these are individuals that not just know the laws in these in these nations and regions but they likewise understand the languages they understand the regional practices they understand the cultures and it is necessary to have that best group and really have the team on the ground uh dealing with cl

Real-time Analytics and Reporting:

Papaya Global supplies comprehensive real-time analytics and reporting tools. As a CFO, having access to precise and timely financial data is crucial for decision-making. The platform’s reporting abilities empower me to make informed strategic choices based upon real-time insights into our global payroll data.

application and its scope and the manner in which it applies to work law in practice can be checked through the judicial system by way of case law examples of that would be the obtained rights directive otherwise called the 2p guidelines in the UK the working time guidelines which has had different strands of that legislation checked especially around holiday pay and of course as Kathy’s going to come on to discuss later work status which there’s been multiple precedence set over the years so I think it’s actually that constant advancement of the employment law landscape that you actually require to navigate when when operating in Europe all right thank you Elizabeth Ray what about you from your personal experience while crossing the pond as discussed each nation has various regulations but the United States is essentially 50 countries

Scalability for Business Growth:
One of the standout functions of Papaya Global is its scalability. As our business continues to grow and broaden into new markets, the software application seamlessly accommodates modifications in our workforce and payroll requirements. This scalability ensures that our payroll infrastructure can adjust to the progressing requirements of our worldwide organization.

Global Chief legal officer we’ve got Elizabeth Beal who is our primary legal officer for Amia and we’ve got Ray Gander who is our senior vice president of client services and I would state separately and collectively these three people have Years of experience in in work law and international Employment Practices so thank you it’s a pleasure to be with everybody here today seems like we have actually got the right people with us today and in in addition to to those well we likewise have among our own Stars delete share head of Global Provider at papaya International tell us about yourself thank you Elin Ian hello my name is Elite I’ve been with the business for around 4 and a half years as head of Partnerships I have established Papaya’s network of in-country Partners in over 160 places on a personal aspect and related to our subject today I’ve had the opportunity to move and operate in 3 different countries it is the company’s obligation to guarantee my defense while residing in a foreign nation compliance with regional laws and policies is essential for me or anyone else as an expat or as a regional so today we have actually welcomed our trusted Partners people 2.0 to show the importance of local

expertise when business Go Worldwide thank you and enjoy all right thank you as I said let’s move on to the pact agenda today’s webinar is an opportunity to ask the panel the questions you’ve been considering we’ll discuss the facts a business needs to think about when opening a new entity and broadening into new nations along with keeping things going we’ll cover aspects such as regional regulations factors to consider when employing compliance crucial challenges payments and what not to do it’s one of the most crucial things remembering what not to do um operating on a global level is not for the faint-hearted the bigger a business grows the more they need to comprehend and manage knowing what to do in each brand-new situation as it increases is necessary on numerous levels understanding local policies and regional laws as well as company practices helps alleviate Associated and international growth papaya through our local professionals can navigate possible threats such as copyright security information personal privacy security concerns guaranteeing the business’s operations stay certified and protected tax Social Security returns and remittances differ by nation

In conclusion, Papaya Global Software application has proven to be an indispensable possession in our quest for effective and compliant global payroll management. As the CFO of an international company, I am positive in advising Papaya Global to organizations seeking to simplify their payroll processes, improve compliance, and attain higher efficiency in handling their worldwide workforce. The software’s innovative functions and dedication to excellence line up with our tactical goals, making it an important part of our monetary operations.

 

Cost Considerations and Papaya Global Kraków Opinie …
The extensive features of come at a cost,

 

Current years have seen a remarkable change to the labor force as the rise of remote work has actually broken down geographical barriers to employing. Organizations can now work with staff from anywhere worldwide, allowing them to access the very best offered skill for any offered role. This provides workers more liberty to work from home and increase their income without transferring to pricey locations or commuting long distances. A 2022 study found that 87% of workers who have the chance to work remotely take that opportunity. The outbreak of COVID-19, in conjunction with new business connectivity software, accelerated the move to remote work, including in industries previously hesitant to embrace the trend.

insights are valuable to us and and your fellow participants so first things first though um let’s be familiar with everyone my name is Ian Charles and I have actually operated in payroll for the last 25 years I have actually had roles in all sort of Industries retail and Appeal to Aerospace in all kinds of organizations start-up to matrixed environments around the world I offered management and strategy to populations of more than 100,000 employees on a month-to-month basis and in over 170 countries today I’m the perel strategist for papaya

Global I work across the business male maning and developing external relationships supporting Enterprise clients and services and functioning as an advisor I ‘d like to introduce our very first Greg um visitor Greg who will kick things off by informing us um who he is and a bit more about bamboo HR Greg over to you thanks Ian yeah as Ian stated my name is Greg Piper uh I am the senior corporate counsil at bambo HR so I lead our internal legal group and in fact work extremely closely with our um HR department also to handle various legal and HR matters that show up so really excited to be here about bambo HR if if you’re not knowledgeable about us uh at bambo HR we state our mission is to set you as HR experts complimentary to do great

Application Obstacles:
Although Papaya Global supplies combinations with different HR and financing systems, we encountered some hurdles throughout the combination procedure. Personalizing the software to align with our existing infrastructure proved to be more complex than anticipated, resulting in hold-ups in the preliminary rollout.

Pricing Issues:
The extensive functions used by Papaya Global come at a cost, which some of our smaller sized subsidiaries discovered to be excessively pricey. As a global organization, we needed to thoroughly weigh the need for sophisticated performance versus budget constraints.

Support Reaction Time:
On occasion, our teams experienced concerns that needed urgent help. Nevertheless, the action time from Papaya Global’s customer assistance team was not always as timely as we would have liked, causing hold-ups in fixing those issues.

Our execution of included a phased approach. We began by onboarding a few subsidiaries to check the system’s compatibility with our existing processes. This allowed us to determine and address combination difficulties early on. As the software application ended up being more instilled in our operations, we slowly expanded its usage to cover our whole international workforce.

The automated functions streamlined our payroll processes, decreasing the time spent on manual calculations and compliance tracking. Regular training sessions and continuous assistance from Papaya helped our groups become skilled users of the software, maximizing its potential for our company.

Companies that worker workers across several nations typically deal with elaborate challenges when it comes to managing their labor force. Among the greatest hurdles is combining different data streams and adhering to diverse regional and nationwide labor guidelines, which can be both time-consuming and expensive. Furthermore, setting up regional entities in brand-new regions can be an expensive and suboptimal option, with options such as opening a foreign subsidiary or employing a professional employment organization (PEO) typically charging up to 15% of the payroll. These difficulties have actually led to a significant increase in difficulty recruiting certified workers, with 75% of employers reporting this issue in 2022, a 21% boost from 2019. The payroll and HR solutions market, valued at $26.4 billion in 2022, is anticipated to reach $50.4 billion by 2030.

uses a solution supporting all forms of employment. It supplies an end-to-end platform, from staff member onboarding and ongoing management to worldwide payments and. It assists business with labor law compliance in the jurisdictions in which they run, offers management of work benefits, and guarantees information privacy in compliance with GDPR.

Eynat Guez |
Eynat is the CEO of. A business owner with 15 years of experience, she is a leading professional in payroll and workforce management. She co-founded after seeing the innovation space in worldwide.

papaya this webcast has actually been pre-approved for hrci and Sherm credit please make certain to go to the total webcast in order to get your credits if you have any concerns during the webcast please click the Q&A tab in your webinar controls and type the there a brand-new tab will open in your web browser with the webcast survey please make certain to finish it as quickly as the webcast has ended it is now my pleasure to turn it over to Pap and bamboo HR for their presentation hey there and thank you for joining us today we’re enjoyed have you here as we start a journey of information to guideline achieving

360 degree worker compliance where we’ll dive into the essential elements of the staff member compliance management design throughout the session we’ll explore real life obstacles real local guidelines best practices and the function of Automotion in simplying compliance journey be prepared to emerge in a detailed understanding of how to secure your organization and staff members while remaining certified in an

Ever evolving regulative environment in the everchanging world of business and financing ensuring compliance with payroll regulations is not just crucial but likewise a legal vital from the moment of working with to the in intri intricacies even sorry of termination every step along the worker journey is Frau with compliance threats that have significant consequences however with a deeper more nuanced understanding of their responsibilities organizations can not only navigate the detailed landscape but also proactively ensure this 360 degree compliance the webinar is designed to equip you with the knowledge and tools necessary to browse the complex Surface of compliance whether you’re a skilled P specialist a small company owner or somebody new to the field what I would like to do before we start and I think it’s really crucial

In our quest to enhance effectiveness and accuracy in managing our global labor force, our multinational corporation turned to, a leading and workforce management software. The transition aimed to simplify the complex task of handling across different countries, currencies, and compliance policies.

The Good:

Compliance Management:
Among the standout features of is its robust compliance management system. The software immediately updates itself to adhere to ever-evolving tax and labor laws throughout several jurisdictions. This has been vital in making sure that our processes stay certified in each country of operation.

is to state that the content here is illegal recommendations it is merely for your info please consult your legal group ought to you have any concerns or issues in relation to anything that we’ve talked about today our secret take crucial takeaways by the end of the webinar will be an understanding of staff member compliance threats how to work with ly with self-confidence how to simplify information management and automation so let’s take ourselves a moment to acquaint ourselves with the webinar platform once again as we’ve.

act as your hris or is type of your core staff member record um to manage that worker life process throughout their Journey with you as as a staff member in addition to a payroll module we have to help you pay those workers and compensate them and advantages Administration module that allows you to assist handle the advantages you offer to your workers so truly excited to be here represent um bamb booy container and discuss this subject um and I guess from my point of view I’ll I’ll most likely offer a lot of a concentrate on the United States side of things when we speak about kind of compliance so pleased to be here thanks for having me Ian alright thanks Greg um Gina over to you would you like to introduce yourself and inform the audience a bit about papay worldwide yes absolutely thank you Ian hello everybody I’m Gina dorelis I’m the Employment expert supervisor.

at I handle the employment Council in the United States APAC EMA and Israel area I likewise function as us Council for I’m certified in New york city and New Jersey um we guarantee compliance onboarding and offboarding of employees with regard to papaya we offer payroll payments and workforce management as a Service work force company to workers serving in over.

160 countries alright thank you so both I feel totally underqualified sitting here with you both well I forgot to mention as we were sort of like going through the intro so it’s really really great to in fact see in the webinar chat where everybody’s really participating in from today I can see that we have people in Las Vegas and Indiana currently so if you want to carry on tell where you are that would be absolutely wonderful whilst we just wait on everybody else to sort of like participate in there we go Chicago as well well um so whil we’re doing that I’m waiting for everybody to kind of join I’ll simply run us through the agenda um today we are going to discuss working with Talent brand-new higher Information Management termination compliance and automation wow the chat has actually got actually really hectic so we got Dallas Austin San Antonio Toronto San Francisco Richmond um you’re coming from definitely all over which is great so uh I’m hoping that we’re really going to have some really great commentary and questions throughout the uh the webinar also all right so that’s the agenda then what I want to Now cover is the the compliance and the Privacy side of things so the the Journey of a staff member and their data is Papaya Global Kraków Opinie complex without fail and an.

Ever evolving relationship that begins the minute an individual joins an organization it continues throughout their work and Beyond this journey can be divided into k to several crucial phases whilst we’re in fact you know that they’re utilized with us so on boarding day-to-day operations settlement and advantages professional development then we get to the offboarding and even advocacy so it even happens after the employee has actually left your work throughout the journey organizations are accountable for collecting keeping securing employee information in compliance with data personal privacy guidelines no matter where it is you’re operating worldwide it frequently involves executing secure data management systems and making sure rigorous adherence to local requirements to safeguard both the worker and the organization the development of employee data and management c.

I find time and time again the workers typically misclassified unknowingly they do not understand the conditions of work or contract and are informed by the client why it’s optimum primarily to the customer why you ought to be employed or engaged in this style the employee might owe taxes and Social Security to the authorities the future pension and healthcare benefits of the worker can be affected and numerous times it can be years before this all falls out and by that time it’s too late years have gone by they have not added to pensions Etc so it’s a big effect that they never ever understood they were walking into you could not agree with you more if you state the UK for example hmrc can return as much as ten years um Kathy business are getting insurance coverage against misclassification however generally premiums are only covering the cost of legal costs whilst the average claim examined against companies relates to to 40 or half of the base pay of worker is there any point in getting insurance coverage and what is the alternative yeah to your point um you do need to read the fine print it is not covering the taxes charge and interest in many cases I haven’t seen it at least so uh the the other location that I do believe if you managed to get the protection what we are stating is is that if your compliance program is not up to pack you could be rejected protection on the basis of the fact that you were not in compliance with laws um in the UK

Papaya Global Krakow Opinie 2024 – All You Need To Know

The Challenge of Global Payroll: Papaya Global Krakow Opinie …

Worldwide expansion causes diverse obstacles, and payroll management is no exception. Differing tax regulations, differing employment laws, and multiple currencies make it vital for companies to adopt sophisticated services to make sure precision, compliance, and performance in payroll processing.

Software application: A Comprehensive Option:

staff members so it’s really fundamental to ensure that you have actually thought about from the outset any post-termination constraints that you want to put into the agreement of employment that they’re enforceable so that indicates you need to actually think of what it is you’re wanting to safeguard and why plainly Define what’s consisted of within the scope of that secret information and resolve the duration of constraint post-determination that you wish to use and be really able to to justify that in relation to copyright the position actually depends upon the type of intellectual property you’re seeking to safeguard and also the jurisdiction so for example from a copyright viewpoint in the Netherlands the end customer is more likely to have the um copyright rights in a copyright that the workers produced who’s been under their supervision and control immediately nevertheless in somewhere like Poland for example that automatic right might not exist and that task would require to stream through the chain uh contractually so it actually depends upon the jurisdiction and the type of IP okay thank you Elizabeth Steve was remaining on the topic of agreements Miss classified misclassifying workers

Papaya Global Software application has actually emerged as a game-changer in the world of global payroll management. Its cloud-based platform integrates payroll, labor force management, and employee benefits into a single, user-friendly interface. As the CFO, I have witnessed firsthand the positive impact of on our organization’s financial operations.

Unified Worldwide Payroll Processing:
allows our company to process payroll effortlessly throughout numerous nations. The platform’s unified technique permits constant payroll calculations, reducing errors and guaranteeing compliance with regional policies. This has actually significantly mitigated the threats connected with international payroll processing.

also essential for if in the future someone says misclassification you have your file supported by the requisite files and that the ideal evaluation tools to reveal someone that you had a thoughtful process and so what do you have to include because procedure it’s the who the what the where and the when who are you handling are you handling a specific or are you dealing with an individual Service Corporation and how are they operating what are they doing is it the kind of work that lends itself more to being an independent specialist than an employee so for example accounting

I.T crafting the creatives these all provide themselves more to that evaluation of being freelancer you understand likewise uh where are they doing it can they work from anywhere or do they have to be on website and managed again another essential aspect is the management and supervision of the uh employee and then finally when is it a particular project is it a six-month job six years all of this is manageable however it needs to be recorded and it needs to be thoroughly um examined so we have a tool we call it ic2 we had an ic1 and we have actually improved it this year so that we can roll it out globally these tools take a survey list for the worker the employee submits and fills these questions out and so does completion customer or the recipient of the services they both put their details into the tool and then it does an assessment waiting the different questions due to the fact that not every jurisdiction has the very same sensation about some of these concerns some believe they’re more important than others and it brings out a red yellow or green red you’re probably a worker yellow you’re on the cusp we can probably assist you with that in regards to a few of the things you require to bolster to make certain that you are given that assessment of uh independent professional or green where you were examined as an as a independent contractor once that examination is done all the requisite documents are underneath it so that if later there

Automated Compliance:
Navigating the complexities of global work laws and tax regulations can be frustrating. Papaya Global’s automated compliance engine keeps our company updated with changes in regulations across jurisdictions. This makes sure that our payroll procedures follow the current requirements, lessening the danger of non-compliance and associated charges.

Efficiency

Papaya Global Krakow Opinie and Time Savings:

The software’s automation capabilities have actually significantly decreased the time and effort required for payroll processing. Manual data entry and repetitive jobs have been decreased, allowing our finance team to concentrate on tactical initiatives rather than administrative burdens. This has actually resulted in increased efficiency and productivity within our financial operations.

in one considering that each state has its own policies Californians are a few of the most rigorous an example is pay slips on a payslip in California the right information needs to be on the payslip in the best format and in the right position if you remain in breach of of guidelines for payslips the fines are issued per payslip so that’s each employee each pay slip will sustain a fine thanks Ray thank you Elizabeth a lot to stress to think of and we’re only two concerns in and 10 minutes or so working with in one country is tough enough but when employing in a you know on a worldwide level it’s an entirely various story you need to make sure that you’re up to date with current as well as pending local labor laws Steve um how do you ensure and make sure that individuals 2.0 team is on top of an ever-changing landscape which your clients are completely supported and I’ll organize this into 3 essential things we perform in firstly you require to have the best team so we employ a group of international specialists in Work Practices um that ex that team of experts consists of attorneys it consists of payroll professionals it includes HR experts and these are people that not just know the laws in these in these nations and areas but they also know the languages they understand the regional practices they know the cultures and it is necessary to have that best team and really have the team on the ground uh dealing with cl

Real-time Analytics and Reporting:

Papaya Global offers thorough real-time analytics and reporting tools. As a CFO, having access to accurate and timely financial information is essential for decision-making. The platform’s reporting capabilities empower me to make informed tactical decisions based upon real-time insights into our worldwide payroll information.

The practical application and extent of the application to employment law can be evaluated through the legal system utilizing case law examples. For instance, the acquired rights regulation, also known as the 2p guidelines in the UK, and the working time guidelines have actually undergone various legal analyses, particularly regarding holiday pay. Furthermore, the principle of work status has actually seen multiple legal precedents over the

Scalability for Business Growth:
Among the standout features of Papaya Global is its scalability. As our business continues to grow and expand into brand-new markets, the software effortlessly accommodates modifications in our workforce and payroll requirements. This scalability ensures that our payroll infrastructure can adapt to the developing needs of our international company.

Worldwide Chief legal officer we have actually got Elizabeth Beal who is our primary legal officer for Amia and we have actually got Ray Glimpse who is our senior vice president of customer service and I would say individually and jointly these 3 people have Years of experience in in employment law and worldwide Work Practices so thank you it’s a pleasure to be with everybody here today sounds like we have actually got the right people with us today and in in addition to to those well we also have among our own Stars erase share head of Global Provider at papaya Global tell us about yourself thank you Elin Ian hi my name is Elite I’ve been with the company for around 4 and a half years as head of Partnerships I have established Papaya’s network of in-country Partners in over 160 places on a personal element and related to our subject today I’ve had the chance to transfer and operate in 3 different nations it is the company’s duty to guarantee my security while residing in a foreign nation compliance with local laws and guidelines is crucial for me or anybody else as an expat or as a local so today we have welcomed our relied on Partners people 2.0 to demonstrate the importance of regional

competence when companies Go Worldwide thank you and enjoy okay thank you as I said let’s move on to the pact agenda today’s webinar is an opportunity to ask the panel the concerns you have actually been thinking of we’ll talk about the realities a business needs to consider when opening a brand-new entity and broadening into brand-new nations as well as keeping things going we’ll cover aspects such as local policies factors to consider when hiring compliance essential difficulties payments and what not to do it’s one of the most important things remembering what not to do um operating on a worldwide level is not for the faint-hearted the larger a business grows the more they need to understand and manage knowing what to do in each brand-new situation as it rises is important on lots of levels understanding regional regulations and regional laws in addition to business practices assists mitigate Associated and global growth papaya through our local professionals can navigate possible risks such as copyright security data privacy security issues ensuring the company’s operations remain compliant and safe and secure tax Social Security returns and remittances vary by nation

In conclusion, Papaya Global Software has shown to be an invaluable asset in our quest for effective and compliant global payroll management. As the CFO of a global company, I am confident in advising Papaya Global to organizations seeking to simplify their payroll processes, improve compliance, and attain higher effectiveness in handling their worldwide workforce. The software application’s innovative features and commitment to quality align with our strategic objectives, making it an important part of our monetary operations.

publicly revealed and it was 100 million dollar settlement that Uber made with the state of New Jersey one state in addition to the openly revealed settlements there’s likewise substantial legal costs there exists’s other charges there’s other expenses behind that as well so the total cost can be really significant in the 10s of millions of dollars or more and and those quantities are growing uh the reason that companies are getting it so incorrect is truly just the guidelines are intricate and they’re changing all the time think ir-35 in the UK which has actually been a continuous development for several years now and and still a great deal of uncertainty among companies on what it actually implies and how you handle it most companies are just not familiar with the rules and and act as if the the guidelines are the same all over which they’re not so so encourage you to to be very proactive as you’re engaging uh workers from a category perspective all right thank you Stephen and moving back to yourself Ray it’s not just the company that suffers in the long run what effects can this have on the employee Papaya Global Krakow Opinie especially when it concerns their own tax liabilities social security and advantages for instance jury and certainly the workers the other side of the coin

 

Expense Considerations and Papaya Global Krakow Opinie …
The thorough functions of come at a cost,

 

Over the past few decades, the labor force has gone through a significant improvement with the development of remote work, which has actually eliminated geographical restrictions on hiring. This has actually enabled services to hire skill from all over the world, permitting them to assemble the very best possible group for each role. As a result, employees have gained higher flexibility to work from home and increase their revenues without having to transfer to costly areas or commute cross countries. According to a 2022 study, 87% of employees who have the option to work remotely choose to do so. The COVID-19 pandemic, integrated with improvements in business connection software, has actually even more sped up the shift towards remote work, even in industries that were initially reluctant to adopt the trend.

insights are important to us and and your fellow attendees so first things initially though um let’s be familiar with everyone my name is Ian Charles and I have actually operated in payroll for the last 25 years I’ve had functions in all sort of Industries retail and Appeal to Aerospace in all kinds of organizations start-up to matrixed environments around the world I supplied management and strategy to populations of more than 100,000 staff members on a month-to-month basis and in over 170 nations today I’m the perel strategist for papaya

Global I work throughout the business guy maning and constructing external relationships supporting Business clients and services and functioning as a consultant I ‘d like to present our very first Greg um visitor Greg who will kick things off by telling us um who he is and a little bit more about bamboo HR Greg over to you thanks Ian yeah as Ian said my name is Greg Piper uh I am the senior business counsil at bambo HR so I lead our internal legal group and actually work very carefully with our um HR department as well to deal with different legal and HR matters that turn up so really thrilled to be here about bambo HR if if you’re not knowledgeable about us uh at bambo HR we state our objective is to set you as HR specialists totally free to do terrific

Application Barriers:
Although Papaya Global offers integrations with numerous HR and financing systems, we experienced some hurdles throughout the integration process. Personalizing the software to align with our existing facilities proved to be more complex than anticipated, leading to hold-ups in the preliminary rollout.

Pricing Concerns:
The substantial features offered by Papaya Global come at a cost, which a few of our smaller subsidiaries found to be prohibitively expensive. As a global organization, we had to thoroughly weigh the need for advanced performance against budget plan constraints.

Assistance Action Time:
On occasion, our teams experienced problems that required urgent support. Nevertheless, the response time from Papaya Global’s consumer assistance group was not always as timely as we would have liked, causing hold-ups in solving those issues.

Our execution of involved a phased method. We started by onboarding a few subsidiaries to check the system’s compatibility with our existing procedures. This allowed us to determine and attend to integration difficulties early on. As the software application ended up being more ingrained in our operations, we gradually broadened its use to cover our whole international labor force.

The automated features structured our payroll procedures, lowering the time invested in manual calculations and compliance tracking. Routine training sessions and ongoing assistance from Papaya assisted our groups become proficient users of the software, optimizing its capacity for our company.

Nevertheless, paying a labor force can be intricate. It is particularly challenging for companies who use staff across multiple countries, as they should continuously combine different data streams, by hand track local and nationwide labor and policies, and invest valuable time and resources to establish local entities in brand-new locations. These business are confronted with suboptimal, expensive choices, like opening a foreign subsidiary or hiring a professional work organization, which is a regional company that employs employees on their behalf and can charge up to 15% of. By 2022, 75% of companies reported trouble hiring certified personnel, an increase of 21% from 2019. The payroll & HR options market was valued at $26.4 billion in 2022 and is predicted to reach $50.4 billion by 2030.

offers an option supporting all forms of work. It provides an end-to-end platform, from employee onboarding and ongoing management to global payments and. It helps business with labor law compliance in the jurisdictions in which they run, uses management of work benefits, and guarantees information personal privacy in compliance with GDPR.

Eynat Guez |
Eynat is the CEO of. An entrepreneur with 15 years of experience, she is a leading expert in payroll and labor force management. She co-founded after seeing the technology space in global.

papaya this webcast has been pre-approved for hrci and Sherm credit please make sure to participate in the complete webcast in order to receive your credits if you have any questions during the webcast please click the Q&A tab in your webinar controls and type the there a new tab will open in your internet browser with the webcast study please be sure to complete it as quickly as the webcast has ended it is now my pleasure to turn it over to Pap and bamboo HR for their discussion hi and thank you for joining us today we’re thrilled to have you here as we embark on a journey of information to guideline achieving

360 degree worker compliance where we’ll dive into the vital elements of the worker compliance management design throughout the session we’ll check out real world obstacles genuine local policies best practices and the role of Automotion in simplying compliance journey be prepared to emerge in a detailed understanding of how to protect your company and employees while remaining certified in an

Ever evolving regulatory environment in the everchanging world of business and finance making sure compliance with payroll policies is not only crucial however also a legal essential from the moment of hiring to the in intri complexities even sorry of termination every step along the employee journey is Frau with compliance threats that have significant consequences nevertheless with a much deeper more nuanced understanding of their obligations companies can not just navigate the elaborate landscape however likewise proactively ensure this 360 degree compliance the webinar is developed to equip you with the understanding and tools needed to navigate the complex Surface of compliance whether you’re a seasoned P specialist a small company owner or someone new to the field what I wish to do before we begin and I think it’s really crucial

In our quest to improve effectiveness and accuracy in handling our international workforce, our multinational corporation turned to, a leading and workforce management software application. The transition intended to streamline the complex job of managing throughout different countries, currencies, and compliance guidelines.

The Good:

Compliance Management:
One of the standout features of is its robust compliance management system. The software application automatically updates itself to comply with ever-evolving tax and labor laws throughout multiple jurisdictions. This has been invaluable in making sure that our procedures remain certified in each country of operation.

is to state that the content here is not legal guidance it is just for your information please consult your legal group should you have any questions or concerns in relation to anything that we’ve discussed today our key take essential takeaways by the end of the webinar will be an understanding of worker compliance dangers how to work with ly with self-confidence how to simplify information management and automation so let’s take ourselves a minute to acquaint ourselves with the webinar platform once again as we’ve.

work as your hris or is kind of your core staff member record um to manage that staff member life cycle throughout their Journey with you as as an employee in addition to a payroll module we need to assist you pay those employees and compensate them and benefits Administration module that allows you to assist manage the advantages you provide to your staff members so really excited to be here represent um bamb booy jar and speak about this topic um and I think from my perspective I’ll I’ll most likely supply a lot of a concentrate on the United States side of things when we talk about sort of compliance so pleased to be here thanks for having me Ian alright thanks Greg um Gina over to you would you like to introduce yourself and inform the audience a little bit about papay worldwide yes definitely thank you Ian hello everybody I’m Gina dorelis I’m the Work professional manager.

at I handle the work Council in the US APAC EMA and Israel area I also function as us Council for I’m licensed in New York and New Jersey um we ensure compliance onboarding and offboarding of employees with regard to papaya we offer payroll payments and workforce management as a Service labor force provider to employees serving in over.

160 nations fine thank you so both I feel totally underqualified sitting here with you both well I forgot to point out as we were kind of like going through the intro so it’s actually really great to in fact see in the webinar chat where everyone’s actually going to from today I can see that we have individuals in Las Vegas and Indiana already so if you want to continue inform where you are that would be definitely wonderful whilst we just wait for everyone else to sort of like participate in there we go Chicago also well um so whil we’re doing that I’m waiting for everyone to type of join I’ll just run us through the agenda um today we are going to talk about employing Skill new greater Information Management termination compliance and automation wow the chat has actually got actually actually hectic so we got Dallas Austin San Antonio Toronto San Francisco Richmond um you’re coming from definitely everywhere which is great so uh I’m hoping that we’re actually going to have some really fantastic commentary and questions throughout the uh the webinar too alright so that’s the program then what I want to Now cover is the the compliance and the Personal privacy side of things so the the Journey of an employee and their data is Papaya Global Krakow Opinie complex without fail and an.

Ever developing relationship that starts the moment a person signs up with a company it continues throughout their work and Beyond this journey can be divided into k to several crucial stages whilst we’re really you understand that they’re employed with us so on boarding daily operations compensation and benefits expert development then we get to the offboarding and even advocacy so it even happens after the worker has left your work throughout the journey organizations are accountable for collecting storing safeguarding worker information in compliance with data privacy policies no matter where it is you’re operating all over the world it frequently includes executing safe information management systems and guaranteeing stringent adherence to local requirements to safeguard both the worker and the organization the development of employee information and management c.

I find time and time again the employees frequently misclassified unwittingly they don’t comprehend the conditions of work or contract and are told by the customer why it’s optimum mainly to the client why you ought to be utilized or engaged in this fashion the worker may owe taxes and Social Security to the authorities the future pension and healthcare advantages of the employee can be impacted and numerous times it can be years before this all falls out and by that time it’s too late years have actually passed they haven’t contributed to pensions And so on so it’s a huge effect that they never ever knew they were walking into you could not agree with you more if you say the UK for example hmrc can return as much as ten years um Kathy business are getting insurance versus misclassification but normally premiums are only covering the cost of legal costs whilst the typical claim assessed versus companies equates to to 40 or half of the base salary of employee exists any point in securing insurance coverage and what is the alternative yeah to your point um you do need to check out the small print it is not covering the taxes penalty and interest in most cases I have not seen it a minimum of so uh the the other area that I do think if you managed to get the protection what we are saying is is that if your compliance program is not up to pack you could be denied coverage on the basis of the reality that you were not in compliance with laws um in the UK