The IRIS FMP blog is the central location for up and coming products, expert articles, and industry insights.
Employers must be clear on their exempt and non-exempt employees as this greatly changes the benefits, compensation and regulations around their working hours. Failure to comply can result in hefty penalties, and similar consequences from the Fair Labour Standards Authority (FLSA).
Hong Kong’s MPF, or Mandatory Provident Fund, is a government retirement scheme for working individuals. Discover your responsibilities as an employer.
When an employee is exempt, time and attendance can create issues. Read here to discover insights on how to manage time and attendance policies, and any issues.
We explain everything you need to know about expatriate benefits and compensation and putting together a competitive expat package for international staff.
For companies operating in multiple countries, it’s important to be aware of the HR and payroll implications of expatriation. Sending employees abroad to work, whether it’s temporary or for the foreseeable future, may seem like an obvious solution to a problem. However, employees working abroad can present a whole host of new issues. Read on […]
Find out what businesses across the world have been doing to take care of employee wellbeing in recent years, and what’s expected in coming years.
PTO Policies are becoming more popular amongst employers. But how can you ensure it is fairly paid? And is PTO better than vacation and sick leave? Read here.
Helping keep professional and personal lives in harmony will pay dividends down the line. Explore the 7 benefits for employers and employees alike.
FUTA, or the Federal Unemployment Tax Act, is a policy designed to help states pay unemployment benefits to those whose work contracts have been terminated. But this is only applicable if workers have not been dismissed for gross misconduct. There are several questions surrounding compliance matters and the various responsibilities of the employer regarding FUTA […]
Off payroll working in the private sector can be confusing to understand, but it’s vital to do so if you are a contractor, or you procure the services of a contractor/similar intermediary at your company. As a HMRC policy, off-payroll working rules (also known as IR35) are frequently updated, and some changes will be implemented […]
Forgivable business loans, as part of the Paycheck Protection Program, supported small businesses throughout 2020. Read our guide to its return in 2021 here.
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, possibly worse, incompliance with US labor laws. What is a retro pay adjustment? Retroactive […]
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 is a great starting point. In the […]
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 views from a desk, US labour is constantly being studied. At one time, pollsters may probe about turbulent […]