Multinational organizations have much to gain by establishing operations in Ireland; as the nation’s economy continues to grow it is a great place for any business to expand its operations. But success is contingent upon navigating the country’s numerous rules and regulations, especially when it comes to payroll. As discussed in our previous post, Ireland has a complicated, and recently updated, taxation system, requiring a firm understanding of its nuances to ensure compliance. But taxation is only one aspect of payroll in Ireland. Also important are the country’s regulations surrounding social and contributions employee payments.
As the world gets smaller and more businesses become global, finding the right talent that can help advance company goals is crucial. And for many organizations looking to expand their footprints to new markets, Ireland provides a wealth of opportunity to make that happen. Not only does the country offer a pro-business environment and business-friendly tax schemes, but its highly-educated and English-speaking workforce makes it a prime location for global growth. Need more proof? The country is projected to become the fastest growing market in the European Union. (more…)
As CloudPay’s main event of the year, Workday Rising put a face on many familiar names in our space – and the 2014 conference was no different. In fact this year, we decided to invite conference attendees to participate in the aptly-named #CPSelfie contest. The contest encouraged Workday Rising attendees to snap a picture somewhere inside the CloudPay booth and upload it to social media for the chance to win. The prize for the #CPSelfie was the winner’s choice of a GoPro camera or a case of wine. Of course, selecting the winner was no easy task so we had CEO Andrew Pearson step in to judge. (more…)
Payroll management is more than just ensuring employees receive their paychecks; it also encompasses all aspects of the employee lifecycle. And one area that is often overlooked is what happens when an employee leaves the company. There are often certain processes that a multi-national organization must perform to ensure those former employees are off-boarded appropriately and in full compliance with the local regulations of whichever countries in which they operate.
So as the curtain comes down on Workday Rising 2014, we’re already looking forward to the Workday community gathering again in 2015 in Las Vegas and Dublin. But before I get ahead of myself and start planning my itinerary for the next event, I need to get my head around the last few days.
Workday Rising is CloudPay’s main event of the year. CloudPay doesn’t act as a sponsor at any other event, leaving people to often ask why that is and what we aim to get from it.
So, why is this the only event CloudPay sponsors each year? Well that’s simple to understand for anyone who’s been to Rising. The event itself just buzzes with enthusiasm from the start. The “power of one” that Workday promotes drives everybody in the Workday community to strive for excellence and improvement; this is true of Workday, their customers and their partners. This is the place to go for companies that innovate and create.
Put your best face forward at Workday Rising and you could win a GoPro camera or a case of wine! Come visit the CloudPay team at Booth No. 208 during Workday Rising to snap a selfie and share it with your social networks using #CPSelfie and #WDAYRising. We’ll be accepting entries from Monday, November 3, 2014 until 1:00 p.m. PST on Wednesday, November 5, 2014. (more…)
November 3rd sees the start of Workday Rising 2014 in San Francisco, the premier event for members of the Workday community. CloudPay is delighted to be a Gold sponsor of this truly unique conference, and the excitement is building as we get closer to its kick-off.
So, what am I – and the rest of the delegates from CloudPay – looking forward to most? With so much going on – with intriguing keynotes, in-depth sessions and networking events , it is hard to select what we’re most excited about. So, rather than limit it to just one or two things, here are the top six reasons we’re looking forward to Workday Rising: (more…)
In the age of Big Data, it’s increasingly important to recognize that the payroll function isn’t just about paying employees accurately and on-time; it also serves as a system of record for what is going on inside a company. The information contained within payroll includes a wealth of real-time data that companies can leverage in order to optimize their business performance. Plainly spoken, the payroll function provides a clear line of sight into how much a company invests in its largest resource – its people. However, the challenge many face is figuring out how to sort this data to benefit each level of the organization. (more…)
As mentioned in the previous post in this series, big changes have come to the way employers in the UK compensate their employees. Therefore, it is necessary that companies take a close look at their current processes, understand what these new rules mandate and ensure they are able to comply with these and any future legislative changes. We previously discussed the introduction of the Real Time Information system, requiring that employers submit all payroll information to HM Revenue & Customs in real time as employees are compensated. Another major change companies employing staff in the UK must contend with is the ongoing implementation of Auto-Enrollment for pensions. (more…)
For companies with employees in the United Kingdom, a number of recent and ongoing regulatory changes have made payroll in the country more complicated. As these new standards continue to take effect, employers must ensure they adapt their payroll processes accordingly. And as these changes go into effect gradually, based on company size, it is crucial that organizations understand what is required of them and when. Whether based in the U.K., or a multi-national organization with employees in the country, it is essential to understand these new rules and how companies can meet compliance with these regulations. (more…)