Blog - Global Payroll
How to get global expansion right and achieve success
Having a brilliant idea and the money to execute it is one thing. Having the specialized advice and knowledge behind you to make it work is another. When it comes to expanding your company globally, the logistics, practicalities, skill and knowledge required to make it a success can make even the best and most clear […]
National Payroll Week has arrived in the United States
National Payroll week in the USA does not overlap with Labor Day by coincidence. The first Monday in September honours the social and economic achievements of workers in America, and celebrates the contributions that they have made to the country. Similarly, National Payroll Week, which began yesterday on Labor Day, “highlights the achievements and symbiotic […]
Great news for Luxembourg – minimum wage has risen!
Great news for Luxembourgians! At the start of this month minimum wage rose in Luxembourg due to the compulsory indexation of salaries. This is a mechanism intended to preserve purchasing power whereby earnings increase by 2.5% when the cost of living rises to a certain threshold. The new changes see monthly minimum take home for […]
Crtitical Time To Rebalance Your European Workforce?
Is it time to rebalance your European workforce? US companies with a European presence will need to consider things carefully as HSBC becomes the first to jump as a potential no deal Brexit approaches. The ability of businesses to strategically understand and plan HR and Payroll as part of political and regulatory developments in Europe […]
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 […]
California passes the USA’s toughest data privacy law to date
It may only be July, but already it’s been a busy year in the data protection world. Back in May (and during the approaching weeks and months), GDPR dominated headlines the world over, as the EU brought in their new regulation to hand control of their personal data back to the data subjects. GDPR is […]
Is it time to consider expanding into Japan?
There has never been a better time to consider expanding your company into Japan. Not only are minds opening to immigrants and foreign workers, but there is now infrastructure in place to actively help those wishing to do so. Countries all over the world continually rely on foreign workers and investment to keep industries and […]
Reward 300 highlights UK’s most influential leaders
Justin Cottrell, IRIS FMP’s inspirational chief executive, has yet again been included in the prestigious index of leading professionals, Reward 300. The Reward 300 index covers the payroll, HR, employee benefits and workplace pensions and associated services sectors. The Rewards 300 index was revealed in London in June and celebrates the leading lights in the […]
France is preparing for a new withholding tax in 2019
At the start of 2019 things are going to change for companies with employees in France. On January 1st of next year, a withholding tax on the incomes of resident employees will come into effect. A withholding tax is an income tax that is paid to the government by the employer, rather than by the […]
Top 3 Most Complex Tax Systems in the World!
Payroll is hard. Working on payroll in a country that isn’t your own is really hard. Of all the countries in the world, navigating the tax structures of France, Italy and Belgium are the most difficult. According to the Global Payroll Complexity Index, these three EU nations are considered to have the most complex payroll […]
Global Payroll Awards superstar shortlisted for top slot
The Global Payroll Awards has shortlisted International payroll and HR specialist IRIS FMP for the 2018 GPA Global Payroll Supplier of the Year. The international Global Payroll Awards event, this year held in Lisbon, celebrates technical excellence and professional development amongst companies and their payroll teams operating internationally. In 2016 IRIS FMP won the Judges […]
How Will IRIS FMP Keep Your Data GDPR Compliant?
The General Data Protection Regulation (GDPR) is about to drop! Is your business ready? If you’re one of the thousands of people using IRIS FMP’s products and services, you can trust that your payroll is compliant. GDPR is a challenge in many ways, and needs to be taken seriously by all organisations who operate within […]
The world just got smaller as the first direct flight between Australia and the UK lands in London
At the weekend (March 25th 2018) history was made when Qantas Flight QF9 completed its non-stop 9,009 mile journey from Perth to London in just over 17 hours. This is a far cry from the earliest Qantas flights between the two countries, which originally took four days and required seven stops! In recent years there […]
Why Do Some Countries Have More Complex Payroll Than Others?
According to the Global Payroll Complexity Index, France has the most complex payroll system on the planet. At the other end of the scale you’ll find Malaysia and much of Asia. But why is this? What makes some payroll runs more complex? List of Countries by Payroll Complexity France Italy Belgium Bosnia & Herzegovina Singapore […]
Turbulent times for Russia: Putin’s running for President again and international relations wobble following a Russian nerve agent being used on an ex-spy in the UK
At the weekend (Sunday 18th March 2018) Russia is heading to the polls for the first round of their presidential election. After announcing that he would be running for a fourth term back in December 2017, Vladimir Putin is widely expected to win, consistently receiving high percentages in opinion polls since the last election in 2012. […]
Awards season is underway, so what makes an award-winning HR and payroll provider?
Awards Season is in full swing and all eyes are on the front runners of the film and television industry. In 2018 we’ve seen the Golden Globes, the Grammy Awards and the BAFTAs amongst others, and tomorrow (Sunday 4th March 2018) is the 90th annual Academy Awards (Oscars). Whilst we have been thinking about the […]
Refreshingly good solution drives African water aid effort
It’s amazing how a simple act at work can create some good in the world, especially if it involves water aid. None more so than at IRIS FMP, where the company’s search for a new office water supplier has unexpected water aid benefits for people thousand of miles away. The team chose AquAid for drinking […]
The Winter Olympics in South Korea have got us thinking about working with people all over the world
As the Winter Olympics in Pyeongchang, South Korea come to a close in a couple of days’ time, there is much to reflect upon. Here’s a round up of just a few things that we saw during the Games: North and South Korea came out in front of the world as a united force during […]
GDPR is the tip of an iceberg of change in global payroll this year
International payroll is changing this year. A lot. And with GDPR the tip of an iceberg of change, global payroll managers will have a lot to deal with. For companies who have employees working in other countries global payroll compliance yet again has moved on, none more so than in Europe. If you’ve made your […]
