Blog - Global Payroll
Here’s what you need to know about the new tax year in the UK
The new tax year is fast approaching in many places across the world. For our British counterparts it is just a week away now, on April 6th. This means that time is running out to get to grips with all the changes afoot, many of which will be implemented as soon as the start of […]
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 […]
GDPR: 59,000 breach reports in Europe, with more to come
A recent survey by DLA Piper has found that there have been over 59,000 data breach notifications across the European Economic Area since GDPR came into force on the 25th May 2018. The Netherlands, Germany and the UK were found to be the worst offenders in the report with approximately 15,400, 12,600 and 10,600 reported […]
Our Charity Of The Year: Huntington’s Disease Association
IRIS FMP is pleased to announce that our chosen charity of the year will be Huntington’s Disease Association. The charity is close to our hearts at IRIS FMP, so we are proud to be raising money for such a great cause. Huntington’s disease is an illness caused by a faulty gene in your DNA. If […]
The blame for payroll errors is on the employer
At the end of last year we shared a story about a landmark case in which an employee in California, Sharmalee Goonewardene, sued her employers due to errors in her time sheets that resulted in her being underpaid by over $6,000. What made this unusual is that she added the company that her employers outsourced […]
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 […]
Fyre Festival: the worst event that never happened
Fyre Festival can be succinctly summed up with the title of its corresponding Netflix documentary: The Greatest Party That Never Happened. It was intended to be a luxury music festival in the Bahamas in 2017, but ended up being a disastrous experience for everyone involved. So, what went wrong? Myriad things! This included but was […]
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, […]
Investors in People give global accreditation to IRIS FMP
Investors in People accreditation – Good people make a great business, and this is the case at the IRIS FMP group, who have just secured Accredited People Management success with Investors in People. The group provides International payroll and HR services across 135 countries. Becoming an accredited people management company under Investors in People has been […]
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 […]
The True Cost of Non-Compliance in Business
The cost of non-compliance is more than twice that of compliance costs. Although some companies might be tempted to continue running the way they always have, rather than changing to meet new compliance requirements, this can have significant financial – and reputational – impacts. According to a study by the Ponemon Institute and Globalscape, being compliant can actually save you money, thanks to the onerous […]
Working dads in South Africa see improved paternity leave
Paternity and Maternity legislation has had a drastic overhaul in South Africa over the past few days. On November 23rd 2018 President Cyril Ramaphosa signed the Labour Relations and Labour Amendment acts into law. Amongst other things, working dads in South Africa may now have 10 days of paternity leave after the birth of their […]
Free eBook – Top Ten International Payroll Issues 2019
2019 is fast approaching and with it comes global changes in the world of employment and payroll legislation. Not only that, but larger, more impactful things are on their way too, such as Brexit in the UK and the new ePrivacy regulation in Europe. If you already have, or are about to place employees internationally, […]
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 […]
Ireland proposes the Shared Maternity Leave and Benefit Bill
Understanding and going above and beyond what is legally required for in-country compensation and benefits will give you the edge over other in-country employers when you place staff overseas. A couple of months ago, Fianna Fáil (The Republican Party in Ireland) proposed the Shared Maternity Leave and Benefit Bill. Currently, mothers are entitled to 26 […]
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 […]
