Papaya Global Hk Limited Hong Kong 2024 – All You Need To Know

Payroll and payments  run efficiently …Papaya Global Hk Limited Hong Kong

 

if they rely on the required several processes systems and partners it is simply not possible so Johnny from a payments point of view and in your experience what else requires to be factored into the challenges business face when they’re paying to employees or otherwise that’s an excellent concern I always toss this back and say what is it what doesn’t require to be consisted of ideal and what does

it require to be thought of there’s differing Bank information so the length of an eye band a swift an account number routing code per nation there’s payment time frames there’s payment capabilities so can you pay it from International or do you have to pay from an in-country account do you need to pay from the client’s own in-country account so there’s complexity wherever you look right eventually building a knowledge base is absolutely important but everywhere you look with payroll payment they are like incredibly payments no if however some babies about it you are all superheroes processing payments for payroll if you look at the kind of link in between fintech and payroll it’s closer than ever I think there’s now a bit more acknowledgment that payroll payments are absolutely essential and innovation is enabling us to kind of progress with that it likewise too to contribute to that payroll and finance require to work closer together um with varying Checking account Particulars differing banking requirements and setup procedures is definitely crucial that payroll and finance groups work more detailed together than ever um I’m constantly surprised when individuals say I have actually divided payroll and payment um if you walk down the street and asked anyone what is payroll who doesn’t operate in the payroll occupation would they divide the payroll payment from computation I would say no so why do we as a market accept that why our payroll and payments so often split and cut up um ultimately it’s payroll is an end-to-end process it’s the point of data collection all the way through to paying individuals wherever they are but also paying statutory authorities and on statutory 3rd parties so with the

The modern-day world positions a high value on well-being and the compensation landscape is becoming increasingly elaborate. Businesses are constantly presenting brand-new benefits and payment alternatives, which adds to the overall intricacy. Large corporations frequently divide their payroll and payment processing into different teams, which can lead to inefficiencies and bottlenecks. In my opinion, this doesn’t need to be the case. In today’s highly innovative age, there’s no reason for maintaining cumbersome treatments. Payroll, the business’s most significant expenditure, must be processed properly and on time. Even minor delays can adversely impact workers’ well-being and have significant effects. For that reason, it’s critical to focus on precise and prompt payments.

The payroll group might not have actually been thanked for correctly processing payroll during a webinar. If anybody has actually been thanked, it would be excellent to hear their success story, whether it’s from all employees or not. Payroll is a crucial cycle, and individuals only observe when things fail. However, when things go right, it’s viewed as just a routine job. This is how it’s perceived externally too. For that reason, it is necessary to guarantee that tasks like Wi-Fi Worldwide and other essential matters are done correctly. Using the very first Worldwide Payments first payroll payment solution is an excellent initial action towards supplying a comprehensive payroll option for employees worldwide. Standardization, global procedures, and lowering the variety of tools, platforms, and bank accounts required for worldwide payroll are key consider accomplishing organization success. While we do not anticipate a hundred thousand thank yous within a payroll cycle, we do periodically get a couple of problems when things don’t go as prepared. Ultimately, we don’t do it for the appreciation.

anyway we know how how crucial a function it is which’s why we do it that’s why we get on with it and this is why we’re talking today about making it as simple as possible for everybody that’s associated with those processes and likewise so imagine sorry I’m just I was just gon na state envision the amount of thanks you got if you might cover the quantity of individuals that we cover within this webinar I make sure we’re discussing numerous thousands possibly Millions envision getting that many thank you keeps in mind um I indicate it ‘d be interesting to see the number of Post-it notes you got but it would certainly be a fascinating task trying to clean up all those up for sure oh definitely I can’t envision the size of my my Outlook inbox if that was the case um you ‘d require days of the week to attempt to look through them and in fact see what was going on and sort of try to get back to everybody so moving on appearance why do business pick to main different checking account there are services out there doing precisely this for particular nations and I have actually worked in a business or lots of services doing exactly that I can state it does not constantly feel efficient and it does produce more work I know we’re not intentionally doing that we’re not producing extra work for anyone where we do not have to and anyone that’s dealing with that process I ‘d be interested to hear your thoughts Johnny why do you believe that we’re doing that in in the in the amount that we are I think lots of factors one is it’s the standard I think people have actually got so used to we need a new checking account we open an entity and appropriately so you need it for payroll functions however there are a number of markets where it’s not a requirement so I believe it’s just been the standard and the norm individuals have actually embraced and continue to do over years and years passed by to contribute to that individuals have actually looked at things like trust accounts and numerous other ways um to to sort of do it so I believe there’s a variety I think this is a process that needs looking at it requires altering but eventually people are really stuck to what they recognize

with right um change is a hard thing all of us don’t like modification um so I believe it’s just type of moving away from the norm as we have actually said so yeah so it keeps a great deal of track of things um I understand undoubtedly the benefits of having preserving several checking account but there’s a huge amount of intricacy chooses setting up a checking account keeping it ensuring it can send out International transfers ensuring it’s set up with the ideal user accesses for individual people so the complexity is huge however I believe the truthful answer is modification um individuals have not had the ability to alter or haven’t had always the understanding to actually make that change into alternate Solutions besides opening a savings account I believe you have actually hit the nail on the head I believe it is understanding you understand and there is a component of resistance to alter however we’ve always done it that way is no real reason for not looking at the the benefits and the possibilities of moving on and moving into you know what might practically be determined to be the next Century or two there is a lot to keep track of and this technique does posture numerous obstacles um so Johnny could you inform

 

 

Expense Considerations and Papaya Global Hk Limited Hong Kong …
The detailed functions of come at a cost,

 

Current years have seen a dramatic change to the workforce as the rise of remote work has actually broken down geographical barriers to employing. Services can now work with personnel from anywhere worldwide, allowing them to access the very best available talent for any provided function. This gives employees more freedom to work from home and increase their earnings without moving to pricey locations or travelling long distances. A 2022 survey found that 87% of employees who have the possibility to work from another location take that chance. The break out of COVID-19, in conjunction with new business connection software application, sped up the transfer to remote work, consisting of in industries previously reluctant to welcome the pattern.

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 have actually operated in payroll for the last 25 years I’ve had functions in all type of Industries retail and Appeal to Aerospace in all kinds of services startup to matrixed environments across the globe I supplied management and method to populations of more than 100,000 workers on a regular monthly basis and in over 170 nations today I’m the perel strategist for papaya

International I work across the business male maning and developing external relationships supporting Enterprise clients and services and acting as an advisor I wish to present our first Greg um visitor 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 said my name is Greg Piper uh I am the senior corporate counsil at bambo HR so I lead our in-house legal group and in fact work extremely closely with our um HR department also to handle numerous legal and HR matters that show up so actually thrilled to be here about bambo HR if if you’re not acquainted with us uh at bambo HR we say our objective is to set you as HR specialists totally free to do excellent

integration Challenges:
While Papaya Global offers integrations with various HR and finance systems, the execution process was not without obstacles. Incorporating the software with our existing infrastructure required extra modification, causing some hold-ups in the preliminary rollout.

Paying FAQs Papaya Global Hk Limited Hong Kong 2024

and some smaller sized subsidiaries within our organization found the prices to be on the higher side. As an international business, balancing the need for sophisticated functions with spending plan restraints ended up being a fragile exercise.
Customer Support Response Time:
There were circumstances where our groups faced issues that needed timely support. However, the response time from’s customer assistance team was not constantly as quick as wanted, leading to periodic hold-ups in concern resolution.

Our execution of included a phased method. We started by onboarding a few subsidiaries to test the system’s compatibility with our existing processes. This permitted us to recognize and resolve combination challenges early on. As the software application became more implanted in our operations, we slowly expanded its use to cover our whole worldwide labor force.

The automated features structured our payroll procedures, decreasing the time invested in manual calculations and compliance tracking. Routine training sessions and continuous assistance from Papaya helped our teams end up being proficient users of the software, maximizing its potential for our company.

Nevertheless, paying a labor force can be complex. It is especially challenging for companies who use staff across numerous countries, as they need to constantly combine various information streams, manually track regional and nationwide labor and policies, and invest valuable time and resources to establish regional entities in brand-new areas. These companies are faced with suboptimal, expensive choices, like opening a foreign subsidiary or employing an expert employment organization, which is a regional company that works with employees on their behalf and can charge up to 15% of. By 2022, 75% of companies reported trouble recruiting qualified personnel, an increase of 21% from 2019. The payroll & HR services market was valued at $26.4 billion in 2022 and is forecasted to reach $50.4 billion by 2030.

provides a service supporting all forms of work. It provides an end-to-end platform, from staff member onboarding and continuous management to international payments and. It assists companies with labor law compliance in the jurisdictions in which they operate, offers management of employment benefits, and guarantees data privacy in compliance with GDPR.

Eynat Guez |
Eynat is the CEO of. An entrepreneur with 15 years of experience, she is a leading specialist in payroll and labor force management. She co-founded after seeing the technology space in worldwide.

papaya this webcast has been pre-approved for hrci and Sherm credit please make certain to participate in the total webcast in order to receive your credits if you have any questions during the webcast please click the Q&A tab in your webinar controls and type the there a new tab will open in your web browser with the webcast survey please make certain to finish it as soon as the webcast has ended it is now my pleasure to turn it over to Pap and bamboo HR for their presentation hi and thank you for joining us today we’re thrilled to have you here as we embark on a journey of information to policy attaining

360 degree staff member compliance where we’ll dive into the necessary aspects of the employee compliance management design throughout the session we’ll check out real life obstacles real regional guidelines best practices and the function of Automotion in simplying compliance journey be prepared to emerge in a thorough understanding of how to secure your company and staff members while remaining certified in an

Ever progressing regulative environment in the everchanging world of business and financing ensuring compliance with payroll guidelines is not just essential but also a legal important from the minute of hiring to the in intri complexities even sorry of termination every step along the employee journey is Frau with compliance threats that have significant consequences nevertheless with a much deeper more nuanced understanding of their commitments organizations can not just navigate the complex landscape however likewise proactively guarantee this 360 degree compliance the webinar is developed to equip you with the knowledge and tools required to navigate the complex Terrain of compliance whether you’re a seasoned P expert a small company owner or somebody new to the field what I want to do before we begin and I think it’s really important

In our mission to improve efficiency and precision in managing our worldwide workforce, our multinational corporation turned to, a leading and workforce management software application. The shift aimed to streamline the complex job of managing throughout different nations, currencies, and compliance policies.

The Good:

Compliance Management:
One of the standout features of is its robust compliance management system. The software application immediately updates itself to stick to ever-evolving tax and labor laws throughout multiple jurisdictions. This has been vital in ensuring that our procedures remain certified in each country of operation.

is to state that the material here is illegal guidance it is simply for your info please consult your legal team ought to you have any questions or issues in relation to anything that we’ve talked about today our key take essential takeaways by the end of the webinar will be an understanding of staff member compliance risks how to employ ly with confidence how to streamline data management and automation so let’s take ourselves a moment to familiarize ourselves with the webinar platform once again as we have actually.

serve as your hris or is sort of your core staff member record um to handle that worker life cycle throughout their Journey with you as as an employee in addition to a payroll module we have to help you pay those workers and compensate them and advantages Administration module that allows you to help manage the benefits you supply to your employees so really thrilled to be here represent um bamb booy jar and talk about this subject um and I think from my viewpoint I’ll I’ll probably supply a great deal of a concentrate on the US side of things when we discuss type of compliance so delighted to be here thanks for having me Ian fine thanks Greg um Gina over to you would you like to present yourself and tell the audience a bit about papay global yes absolutely thank you Ian hey there everybody I’m Gina dorelis I’m the Employment specialist manager.

at I manage the employment Council in the United States APAC EMA and Israel region I also work as us Council for I’m certified in New york city and New Jersey um we ensure compliance onboarding and offboarding of employees with regard to papaya we offer payroll payments and workforce management as a Service work force provider to employees serving in over.

160 nations alright thank you so both I feel totally underqualified sitting here with you both well I forgot to discuss as we were type of like going through the intro so it’s really truly great to actually see in the webinar chat where everybody’s really participating in from today I can see that we have individuals in Las Vegas and Indiana currently so if you wish to carry on inform where you are that would be definitely wonderful whilst we simply wait for everybody else to type of like participate there we go Chicago also well um so whil we’re doing that I’m awaiting everybody to sort of join I’ll simply run us through the agenda um today we are going to talk about working with Talent new higher Info Management termination compliance and automation wow the chat has actually got actually actually busy so we got Dallas Austin San Antonio Toronto San Francisco Richmond um you’re coming from absolutely all over which is fantastic so uh I’m hoping that we’re in fact going to have some really excellent commentary and concerns throughout the uh the webinar too fine so that’s the program then what I ‘d like to Now cover is the the compliance and the Privacy side of things so the the Journey of an employee and their data is Papaya Global Hk Limited Hong Kong complex without fail and an.

Ever developing relationship that starts the minute a person signs up with an organization it continues throughout their work and Beyond this journey can be divided into k to several key stages whilst we’re in fact you know that they’re employed with us so on boarding daily operations compensation and advantages professional development then we get to the offboarding and even advocacy so it even occurs after the staff member has actually left your work throughout the journey companies are accountable for gathering storing protecting worker information in compliance with data personal privacy guidelines no matter where it is you’re running all over the world it often includes carrying out protected information management systems and ensuring strict adherence to local requirements to protect both the staff member and the company the advancement of staff member information and management c.

Papaya Global (Hk) Limited Hong Kong 2024 – All You Need To Know

Payroll and payments  run efficiently …Papaya Global (Hk) Limited Hong Kong

 

if they depend on the necessary multiple procedures systems and partners it is simply not possible so Johnny from a payments point of view and in your experience what else needs to be factored into the challenges company face when they’re paying to workers or otherwise that’s an excellent question I constantly throw this back and say what is it what does not need to be consisted of best and what does

it require to be considered there’s differing Bank details so the length of an eye band a swift an account number routing code per nation there’s payment time frames there’s payment abilities so can you pay it from International or do you need to pay from an in-country account do you have to pay from the customer’s own in-country account so there’s complexity any place you look right eventually developing a knowledge base is absolutely critical but everywhere you look with payroll payment they resemble very payments no if however some infants about it you are all superheroes processing payments for payroll if you look at the sort of link between fintech and payroll it’s closer than ever I think there’s now a bit more recognition that payroll payments are definitely fundamental and technology is allowing us to type of progress with that it also also to contribute to that payroll and financing need to work closer together um with varying Savings account Details varying banking requirements and setup processes is definitely important that payroll and financing groups work better together than ever um I’m always surprised when people say I’ve split payroll and payment um if you walk down the street and asked anyone what is payroll who doesn’t operate in the payroll occupation would they split the payroll payment from estimation I would say no so why do we as a market accept that why our payroll and payments so typically split and cut up um eventually it’s payroll is an end-to-end process it’s the point of information collection all the way through to paying individuals anywhere they are but also paying statutory authorities and on statutory third parties so with the

world we live in and well-being being increasingly more important to contribute to sort of the level of intricacy there’s more and more advantages being organ or being offered by companies throughout the world so once again you’re simply wanting to include more and more payments to this currently complicated landscape so if you sort of got any experience well I’m from your vast experience here and I’m sure but have you got any experience in kind of genuine obstacles or real challenging type of pay uses to play to pay people I believe yeah I indicate over the last well yeah a couple of years I would certainly say that the bigger a service gets the more it tends to segregate the payroll and the payments operates um there are teams doing one part of the job there are teams feeding info into the next function as it were that’s actually managing the payment side of things however you know in in my viewpoint and my experience that does not always require to be the case you understand long gone are the times where we require to produce additional handoffs in the processes that we operate in they simply make them more timely they make them less efficient and they do not make them what they need to be in in an age of tech and an age that you know that we are operating in today there is no reason we are still making this as challenging as it requires to be agreed and rightly as you stated payroll is the single biggest liability that any company has from a cost point of view from an effect viewpoint on workers it is definitely vital that it’s done correctly and on time so what we imply by that is not a day before not a day after on pay day and payments need to be done right it has the most significant detrimental impact on people’s well-being and numerous other factors if individuals aren’t paid uh I have actually always been astonished entering this Market kind of the last 5 to ten years is how little thanks the

payroll group get um so I’m not sure anybody on this type of webinar has actually been told thank you for processing my payroll correctly if you have it ‘d be great to hear your success story and whether that’s been from all employees or not um but eventually payroll is such an important cycle all of us hear about it when it fails everybody jumps up and down when it fails but when it goes right it’s just a tick box workout and I believe that’s how it’s seen from the external view as well um so yeah it’s likewise like why WI-Fi Global why all of this things is absolutely vital that all of this things is done correctly so leveraging the very first Global Payments very first payroll payment service is a fantastic first step um providing an end-to-end payroll solution for your employees worldwide once again I believe is another big um procedure once again lining up and ensuring you have standardization International processes all of those things are definitely key to success success of companies and minimizing the variety of tools platforms and savings account they require for their Global payroll too couldn’t agree with you more and on the the front in terms of of the thank yous for getting payroll done I’ve never ever had a hundred thousand of them within a payroll cycle do not anticipate to you do get the odd five or ten or whatever it might be with the with the the problems where things have not gone rather where they’re indicated to be um I don’t believe any of us are actually doing that for for the thanks

anyway we know how how essential a function it is which’s why we do it that’s why we get on with it and this is why we’re talking today about making it as simple as possible for everyone that’s involved in those procedures and likewise so imagine sorry I’m just I was just gon na state envision the quantity of thanks you got if you could cover the quantity of individuals that we cover within this webinar I make certain we’re talking about numerous thousands potentially Millions think of getting that numerous thank you notes um I suggest it ‘d be interesting to see the number of Post-it notes you got but it would absolutely be a fascinating job attempting to clean all those up for sure oh definitely I can’t think of the size of my my Outlook inbox if that held true um you ‘d require days of the week to attempt to look through them and in fact see what was going on and kind of shot to return to everybody so moving on appearance why do companies pick to primary different checking account there are businesses out there doing precisely this for specific countries and I’ve worked in a business or lots of companies doing precisely that I can say it does not constantly feel effective and it does produce more work I know we’re not intentionally doing that we’re not developing additional work for any person where we do not have to and anybody that’s managing that process I ‘d be interested to hear your ideas Johnny why do you believe that we’re doing that in in the in the quantity that we are I believe numerous reasons one is it’s the requirement I think individuals have got so utilized to we need a new savings account we open an entity and appropriately so you need it for payroll purposes but there are a number of markets where it’s not a requirement so I believe it’s simply been the standard and the norm the people have actually adopted and continue to do over years and years passed by to add to that individuals have actually taken a look at things like trust accounts and many other ways um to to sort of do it so I believe there’s a range I think this is a procedure that requires looking at it requires altering but eventually people are extremely stuck with what they recognize

with best um modification is a challenging thing all of us don’t like change um so I think it’s just sort of moving far from the norm as we’ve said so yeah so it keeps a great deal of track of stuff um I understand obviously the advantages of having maintaining numerous bank accounts but there’s a big quantity of complexity opts for setting up a savings account keeping it guaranteeing it can send International transfers guaranteeing it’s established with the ideal user accesses for individual individuals so the intricacy is substantial but I believe the sincere answer is change um individuals haven’t had the ability to change or haven’t had always the understanding to truly make that change into alternate Solutions aside from opening a checking account I think you have actually hit the nail on the head I believe it is knowledge you know and there is a component of resistance to alter but we have actually constantly done it that way is no genuine excuse for not looking at the the advantages and the possibilities of moving on and moving into you understand what could practically be figured out to be the next Century or two there is a lot to track and this technique does pose a number of challenges um so Johnny could you tell

 

 

Expense Factors to consider and Papaya Global (Hk) Limited Hong Kong …
The extensive functions of come at a cost,

 

Over the past few decades, the labor force has actually undergone a significant change with the emergence of remote work, which has gotten rid of geographical restrictions on hiring. This has enabled services to recruit skill from all over the world, enabling them to put together the best possible group for each role. As a result, workers have actually acquired greater flexibility to work from home and increase their revenues without having to move to costly locations or commute cross countries. According to a 2022 survey, 87% of workers who have the alternative to work remotely select to do so. The COVID-19 pandemic, integrated with improvements in business connectivity software application, has even more accelerated the shift towards remote work, even in industries that were at first hesitant to adopt the trend.

insights are important to us and and your fellow guests so first things initially though um let’s get to know everyone my name is Ian Charles and I have actually worked in payroll for the last 25 years I have actually had functions in all kind of Industries retail and Beauty to Aerospace in all kinds of services start-up to matrixed environments across the globe I supplied management and strategy to populations of more than 100,000 employees on a monthly basis and in over 170 countries today I’m the perel strategist for papaya

Worldwide I work throughout the business guy maning and constructing external relationships supporting Enterprise customers and solutions and serving as an advisor I want to present our first Greg um guest Greg who will kick things off by informing 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 in-house legal group and really work very closely with our um HR department also to handle numerous legal and HR matters that come up so really excited to be here about bambo HR if if you’re not familiar with us uh at bambo HR we state our mission is to set you as HR specialists complimentary to do terrific

integration Difficulties:
While Papaya Global deals combinations with different HR and finance systems, the execution process was not without difficulties. Incorporating the software with our existing infrastructure needed extra modification, leading to some hold-ups in the initial rollout.

Paying FAQs Papaya Global (Hk) Limited Hong Kong 2024

and some smaller sized subsidiaries within our company found the prices to be on the greater side. As an international company, balancing the need for sophisticated features with spending plan constraints ended up being a delicate workout.
Client Support Action Time:
There were circumstances where our teams dealt with issues that required timely help. However, the reaction time from’s consumer support group was not constantly as quick as preferred, leading to periodic delays in concern resolution.

Our implementation of involved a phased method. We started by onboarding a few subsidiaries to evaluate the system’s compatibility with our existing procedures. This permitted us to identify and resolve integration challenges early on. As the software application became more implanted in our operations, we gradually expanded its use to cover our whole international labor force.

The automated functions streamlined our payroll processes, reducing the time invested in manual calculations and compliance tracking. Regular training sessions and ongoing support from Papaya assisted our groups end up being proficient users of the software, optimizing its capacity for our company.

Nevertheless, paying a labor force can be intricate. It is especially challenging for business who employ personnel throughout multiple nations, as they need to constantly consolidate various data streams, by hand track local and national labor and guidelines, and spend valuable time and resources to set up local entities in new locations. These business are confronted with suboptimal, costly options, like opening a foreign subsidiary or working with an expert employment organization, which is a local firm that hires staff members on their behalf and can charge up to 15% of. By 2022, 75% of employers reported trouble hiring qualified workers, an increase of 21% from 2019. The payroll & HR options market was valued at $26.4 billion in 2022 and is projected to reach $50.4 billion by 2030.

offers a solution supporting all kinds of work. It offers an end-to-end platform, from worker onboarding and continuous management to international payments and. It helps companies with labor law compliance in the jurisdictions in which they operate, uses management of work benefits, and ensures information privacy in compliance with GDPR.

Eynat Guez |
Eynat is the CEO of. A business owner with 15 years of experience, she is a leading specialist in payroll and labor force management. She co-founded after seeing the technology space in worldwide.

papaya this webcast has actually been pre-approved for hrci and Sherm credit please make certain to attend the total webcast in order to receive your credits if you have any concerns 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 make sure to complete it as quickly as the webcast has actually ended it is now my pleasure to turn it over to Pap and bamboo HR for their presentation hello and thank you for joining us today we’re enjoyed have you here as we start a journey of information to guideline achieving

360 degree worker compliance where we’ll dive into the important elements of the staff member compliance management model throughout the session we’ll explore real world difficulties real local regulations best practices and the function of Automotion in simplying compliance journey be prepared to emerge in a thorough understanding of how to safeguard your organization and workers while remaining compliant in an

Ever progressing regulative environment in the everchanging world of business and finance guaranteeing compliance with payroll policies is not just essential but 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 significant consequences nevertheless with a much deeper more nuanced understanding of their responsibilities companies can not only browse the elaborate landscape however also proactively guarantee this 360 degree compliance the webinar is developed to equip you with the understanding and tools essential to browse the complex Surface of compliance whether you’re a seasoned P professional a small business owner or someone brand-new to the field what I want to do before we begin and I think it’s truly essential

In our mission to boost effectiveness and precision in managing our worldwide workforce, our international corporation turned to, a leading and workforce management software. The shift intended to simplify the complex task of handling throughout various countries, currencies, and compliance guidelines.

The Good:

Compliance Management:
Among the standout functions of is its robust compliance management system. The software application automatically updates itself to adhere to ever-evolving tax and labor laws throughout multiple jurisdictions. This has actually been important in guaranteeing that our processes remain certified in each country of operation.

is to state that the content here is not legal advice it is just for your information please consult your legal group needs to you have any concerns or concerns in relation to anything that we have actually gone over today our secret take essential takeaways by the end of the webinar will be an understanding of employee compliance threats how to work with ly with self-confidence how to simplify data management and automation so let’s take ourselves a minute to familiarize ourselves with the webinar platform once again as we’ve.

act as your hris or is type of your core staff member record um to manage that employee life process throughout their Journey with you as as a staff member in addition to a payroll module we have to help you pay those staff members and compensate them and benefits Administration module that allows you to assist handle the benefits you offer to your workers so actually delighted to be here represent um bamb booy jar and talk about this topic um and I think from my point of view I’ll I’ll probably supply a great deal of a focus on the US side of things when we discuss sort of compliance so happy to be here thanks for having me Ian fine thanks Greg um Gina over to you would you like to introduce yourself and inform the audience a little bit about papay international yes definitely thank you Ian hi everybody I’m Gina dorelis I’m the Work expert supervisor.

at I handle the employment Council in the United States APAC EMA and Israel region I also serve as us Council for I’m licensed in New York and New Jersey um we ensure compliance onboarding and offboarding of employees with regard to papaya we provide payroll payments and workforce management as a Service work force provider to employees serving in over.

160 nations alright thank you so both I feel totally underqualified sitting here with you both well I forgot to mention as we were type of like going through the introduction so it’s really really good to actually see in the webinar chat where everyone’s actually going to from today I can see that we have people in Las Vegas and Indiana currently so if you wish to continue inform where you are that would be absolutely great whilst we simply await everybody else to sort of like take part there we go Chicago too well um so whil we’re doing that I’m waiting for everyone to sort of join I’ll just run us through the program um today we are going to talk about working with Skill brand-new greater Info Management termination compliance and automation wow the chat has actually got truly truly busy so we got Dallas Austin San Antonio Toronto San Francisco Richmond um you’re coming from absolutely everywhere which is fantastic so uh I’m hoping that we’re actually going to have some truly fantastic commentary and questions throughout the uh the webinar as well okay so that’s the program then what I ‘d like to Now cover is the the compliance and the Personal privacy side of things so the the Journey of a worker and their data is Papaya Global (Hk) Limited Hong Kong multifaceted without fail and an.

Ever evolving relationship that begins the moment an individual joins an organization it continues throughout their employment and Beyond this journey can be divided into k to a number of crucial phases whilst we’re actually you understand that they’re utilized with us so on boarding daily operations compensation and advantages expert advancement then we get to the offboarding and even advocacy so it even happens after the employee has actually left your employment throughout the journey organizations are responsible for collecting storing safeguarding worker data in compliance with information personal privacy guidelines no matter where it is you’re operating around the world it frequently includes carrying out protected information management systems and ensuring rigorous adherence to local requirements to protect both the staff member and the company the development of employee data and management c.