retro pay adjustments

Retroactive Payroll Adjustments Explained

Some mistakes are costlier than others. If you underpaid an employee, especially during a pay period, what should you do next? To rectify this mistake, you adjust pay retroactively (and swiftly). Without proper caution, this can spiral into employee dissatisfaction and, possi ...
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global national holidays

Payrolling Global National Holidays

Global national holidays may be universal, but the rules of paid leave are a little harder to follow. It’s important – for both employers and employees – to understand the difference between a global national holiday and a paid one. Are National Holidays Paid in the UK? This ...
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Understanding Sick Leave in the US

In the US, the labor market is its own force. In fact, across its 50 states, the shape and size of North America’s “labor force” ranks, according to pre-pandemic polls, at nearly 157 million strong – and counting.   From factory floors, to checkout lanes, and high-rise ...
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How to ‘Marie Kondo’ the Workplace

When Marie Kondo’s Netflix show first aired, it did not take long to grow in popularity. Today, it’s inspired people of all walks of life to re-examine their living space and their workspace, and find ways to improve it to help create contentment. Find out more about Marie Ko ...
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Countries with the Best Sick Leave

In the US, there is no federal law that says employees are entitled to paid sick leave. Throughout the coronavirus pandemic this has been a considerable source of controversy, as there have been many cases of employees being forced to choose between isolating and continuing t ...
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danish high taxes

Why Danes Appreciate the High Danish Income Tax Rate

Among many things, Denmark is known for being an expensive country in which its residents pay a high rate of income tax. However, it’s also known as being the home of some of the world’s happiest people. According to the UN’s annual World Happiness Report, Denmark is always a ...
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best country for self employed

8 Best Countries to be Self-Employed

Self-employment has been steadily growing in popularity all over the world in recent years, and it’s predicted only to become more prevalent. In 2019, financial services company Payoneer carried out research to produce the Global Gig Economy Index, in which they asked more th ...
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Key Considerations for Belgian Payroll in 2020

  Immigration requirements include work and residence permits Work permits Every non-European Economic Area national who works in Belgium requires a work permit. As an employer, you must obtain the authorization to employ the employee before starting any work in Belgium. ...
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Which Country Has The Best Paternity Leave?

Legislative parental leave across the globe ranges from a generous 156 weeks (three years) – to none at all. Paternity leave can cause particular concern, because so many countries still treat fathers considerably different to mothers in this respect. Scandinavian countries a ...
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IRIS FMP Coronavirus Statement

As a valued member of the IRIS FMP community, we appreciate the trust you place in us to make sure all your critical operational software and services continue. As the Coronavirus (Covid-19) situation continues to evolve, our thoughts go out to all who have been impacted or i ...
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Guide to Sending Money Overseas

There are migrant workers all over the world who need to send money back home to their family and friends. This might be as a one-off, or it could be on a regular basis depending on individual circumstances. Learn about the various ways it’s possible to send money overseas. H ...
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Top Ten International payroll Issues 2020

Free ebook to help you prepare for the year ahead

It’s that time of year! Once again we’re bringing you our free Top Ten International Payroll Issues ebook, full of insight into what’s coming up in 2020. Underpreparing for the year ahead would be a big mistake. The legal, financial and reputational risks of failing to comply ...
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