Blog - Growth Strategy
Un voyage de plus de 320 kilomètres! (A journey of over 200 miles!)
Eighteen volunteers are taking on a challenge to cycle over 200 miles between Paris and Chichester,UK to raise money for Huntington’s Disease Association. The ride is part of year-long activities at Gatwick-based international payroll specialist IRIS FMP. The group has chosen HDA as their ‘Charity of the year’. The 18 colleagues will be travelling from […]
Amazing Payroll People to be celebrated
There. I’ve said it. Amazing payroll people. I’ve been in payroll for the last four and a half years. I’m still genuinely bowled over by the dedication and commitment payroll people make to the success of a company. And it’s all under the radar. It’s time again to celebrate the great work they do. Payroll […]
Is Britain the best place in the world to grow a business?
Is Britain the best place in the world to grow a business ? If you are based outside of the United Kingdom you may currently be thinking twice about starting your European expansion out of London. With Brexit creating unnecessary noise in the world economy you may be put off. But think again. Despite all […]
As tensions decrease is it time to invest in China?
Now may be the time to get a foothold for your business. The business tensions between the US and China look to be easing, so now may be the opportunity to start your Asia Pacific expansion and invest in China. The second largest economy in the world has been struggling with a slowing economy and […]
Global Payroll Headaches And How To Avoid Them
I’m often asked by companies what the experience is like paying people in other countries, and what are the global payroll headaches. For me preparation is always the key. A lot depends on how many people you plan to have in each country, (is it just a few or hundreds), the size of your business […]
South Africa’s First Minimum Wage: Not Everyone Is Happy
Dealing with employees outside of your home country continues to become more complex, with South Africa the latest country to introduce a minimum wage. The new law came into play at the start of January. According to the Department of Labour, all workers who are not in the farm/forestry, domestic sectors, extended public works programme, […]
Are payroll providers responsible when things go wrong?
Employers and payroll providers are awaiting judgement on a landmark case that could see payroll providers liable for employer errors Sharmalee Goonewardene, who was an employee of a travel company in California, sued her employers due to errors in her time sheets amounting to over $6,000. She accused them of discrimination, missed overtime, missed breaks […]
Payroll contributes to positive company culture
It will come as no surprise that company culture affects every aspect of business, from the public’s overall perception of a brand to employees’ job satisfaction. Company culture entails many important elements, including company vision, values, communication, work environment, management style and much more. However, there is one other element, which often doesn’t get much […]
Are you in control of your UK employees?
We have previously touched upon the fact that Europe infamously has the most complex payroll systems in the world, according to the CIPP (Chartered Institute of Payroll Professionals). Looking at the continent as a whole is futile, as each of the 44 countries has its own quirks and complexities which make it unique (and sometimes […]
Failure of Gagging Orders and Non Disclosure Agreements?
Injunction proves irrelevant as Non Disclosure Agreements exposed as having been used to cover up wrongdoing rather than to protect commercial confidentiality. The current furore surrounding the outing of leading British businessman Sir Philip Green in the UK parliament amid sexual harassment and racial abuse claims has highlighted how Non Disclosure agreements are being used […]
The Back Breaking Cost of Back Pain in the US
Back pain is one of the most common reasons for missed work; 80 percent of the general population will suffer from a severe episode of lower back pain at least once in their lifetime. It’s one of the most common workplace injuries and costs the US $100 billion every year. Cross the pond to the […]
Lush admits to a massive payroll error due to their failure to upgrade their payroll system
We often write on this blog about the importance of auditing your payroll and ensuring it’s always up to scratch, for the sake of your company’s reputation but more significantly, for the sake of your employees. Well, we now have hard proof of why this is so crucial, as demonstrated by popular cosmetics retailer Lush […]
Would you go off-piste and pay your employees in a cryptocurrency such as bitcoin?
From next month (February 2018) a Japanese web company will introduce the opportunity for its employee to receive a percentage of their salary in Bitcoin, the infamous cryptocurrency. GMO Internet Group will enable staff to convert anything from 10,000 to 100,000 yen of their monthly wage into Bitcoin, and doing so will also entitle them […]
Europe’s diverse and complicated payroll climate
Ahhh, Europe. Home of Paris, parliament, pubs, parachutes and…payroll. Really complicated payroll. Recent research conducted alongside the CIPP (Chartered Institute of Payroll Professionals) has revealed that Europe is home to the most complex payroll systems in the world. When you delve into the 44 countries that make up the continent it quickly becomes evident that […]
The tax system in Norway: do you know your feriepenger from your skattemeldingen?
The way tax is calculated and paid varies from nation to nation. International companies who place employees abroad must ensure that they are always up to date on protocol and compliancy in every country they deal with. We often read in the news about how our Scandinavian counterparts have the best quality of life on […]
If everyone in Britain had payroll errors.
With a recent survey revealing that half of the US workforce, some 82 Million US Workers, have experienced Paycheck errors is there anything that can be done to improve the image of payroll? The errors are equivalent to more than one payroll error for everyone that lives in the UK . It seems not being […]
Masters of payroll ready to rock world’s largest expo
The American Payroll Association’s Annual Congress kicks off today, and IRIS FMP’s international payroll specialists will be on hand to give help and advice to the thousands of payroll professionals who may find the administration of American employees abroad a real challenge. The theme this year is ‘Payroll Rocks the World’ and this is certainly […]
Things to consider when hiring employees in multiple countries
When a company has the requirement to hire employees in other countries, they are required to comply with the countries payroll procedures and regulations as well as their HR laws just as they would with employees based in their own country. With expertise needed in country-specific tax and employment laws, and the effects of exchange […]
Death of foreign exchange drives global payroll payment switch
Foreign Exchange is dead. Long live Global Payroll Payments. Not long ago companies looking to expand overseas were faced with an expensive dilemma. Setting up employees overseas has always been tricky, but international Payroll, HR and Finance teams were stung by the traditional monopoly of the big banks when it came to the banking and […]