The COVID-19 pandemic, integrated with developments in enterprise connection software… Papaya Global Auto Enrolment Letters …
insights are important to us and and your fellow participants so first things first though um let’s be familiar with everybody my name is Ian Charles and I’ve worked in payroll for the last 25 years I’ve had roles in all kind of Industries retail and Charm to Aerospace in all kinds of companies startup to matrixed environments across the globe I supplied management and method to populations of more than 100,000 staff members on a month-to-month basis and in over 170 countries today I’m the perel strategist for papaya
Global I work across business guy maning and developing external relationships supporting Business customers and services and serving as an advisor I wish to present our very first Greg um guest Greg who will kick things off by telling us um who he is and a bit more about bamboo HR Greg over to you thanks Ian yeah as Ian stated my name is Greg Piper uh I am the senior business counsil at bambo HR so I lead our internal legal group and in fact work really carefully with our um HR department also to manage different legal and HR matters that come up so really delighted to be here about bambo HR if if you’re not knowledgeable about us uh at bambo HR we state our mission is to set you as HR experts complimentary to do fantastic
Although Papaya Global provides combinations with numerous HR and financing systems, we came across some obstacles throughout the combination process. Customizing the software to align with our existing facilities showed to be more intricate than prepared for, leading to hold-ups in the initial rollout.
The extensive features provided by Papaya Global come at a cost, which some of our smaller subsidiaries discovered to be excessively pricey. As an international company, we had to thoroughly weigh the need for advanced performance versus budget plan restraints.
Assistance Reaction Time:
On occasion, our teams experienced issues that required immediate help. Nevertheless, the reaction time from Papaya Global’s customer support group was not always as timely as we would have liked, leading to hold-ups in fixing those issues.
Our application of involved a phased technique. We began by onboarding a few subsidiaries to check the system’s compatibility with our existing procedures. This enabled us to determine and attend to combination obstacles early on. As the software application ended up being more instilled in our operations, we gradually expanded its usage to cover our whole worldwide workforce.
The automated functions streamlined our payroll processes, decreasing the time spent on manual estimations and compliance tracking. Routine training sessions and continuous support from Papaya assisted our teams become skilled users of the software application, maximizing its capacity for our organization.
Nevertheless, paying a labor force can be complicated. It is particularly challenging for business who employ staff across multiple nations, as they need to continuously combine various information streams, manually track local and nationwide labor and guidelines, and invest valuable time and resources to set up local entities in new areas. These business are confronted with suboptimal, costly alternatives, like opening a foreign subsidiary or hiring a professional employment company, which is a regional firm that hires employees on their behalf and can charge up to 15% of. By 2022, 75% of employers reported difficulty recruiting certified workers, an increase of 21% from 2019. The payroll & HR services market was valued at $26.4 billion in 2022 and is projected to reach $50.4 billion by 2030.
provides a service supporting all kinds of employment. It offers an end-to-end platform, from employee onboarding and continuous management to global payments and. It helps business with labor law compliance in the jurisdictions in which they run, offers management of employment advantages, and guarantees data personal privacy in compliance with GDPR.
Eynat Guez |
Eynat is the CEO of. A business owner with 15 years of experience, she is a leading expert in payroll and labor force management. She co-founded after seeing the innovation space in international.
papaya this webcast has been pre-approved for hrci and Sherm credit please be sure to participate in the complete webcast in order to receive your credits if you have any questions throughout the webcast please click the Q&A tab in your webinar controls and type the there a new tab will open in your internet browser with the webcast survey please be sure to finish it as soon as the webcast has actually ended it is now my pleasure to turn it over to Pap and bamboo HR for their discussion hi and thank you for joining us today we’re enjoyed have you here as we embark on a journey of information to guideline attaining
360 degree staff member compliance where we’ll dive into the important elements of the employee compliance management model throughout the session we’ll check out real life obstacles real regional regulations finest practices and the role of Automotion in simplying compliance journey be prepared to emerge in an extensive understanding of how to protect your organization and workers while remaining compliant in an
Ever developing regulatory environment in the everchanging world of service and finance making sure compliance with payroll regulations is not only important however also a legal necessary from the moment of hiring to the in intri complexities even sorry of termination every step along the worker journey is Frau with compliance risks that have far-reaching consequences however with a much deeper more nuanced understanding of their responsibilities companies can not only browse the elaborate landscape but also proactively ensure this 360 degree compliance the webinar is created to equip you with the understanding and tools required to navigate the complex Surface of compliance whether you’re a skilled P specialist a small business owner or someone new to the field what I would like to do before we begin and I believe it’s actually important
In our mission to improve performance and precision in managing our international labor force, our multinational corporation turned to, a leading and workforce management software. The transition intended to streamline the complex job of handling across different countries, currencies, and compliance policies.