The first part of this blog series offered an overview of some of the most important aspects of Spain’s labor legislation. This follow up post will provide some more details about the nation’s complex policies regarding payments and deductions.
Although companies have much to gain when establishing operations in Spain, they could face serious repercussions if they don’t follow the country’s complicated payroll regulations. Although the rules may be complex, and vary from region to region, they are designed to protect one of the country’s most valuable resources: its workforce. In order to successfully employ and pay workers in Spain, consider the following rules regarding salary payments and deductions to ensure all employees are compensated appropriately. Continue reading
For organizations considering expanding their operations into Europe, Spain is often a great starting point. In addition to a strong and highly qualified workforce, and a very pleasant climate, the nation is a gateway to accessing the growing markets of Europe, North Africa and Latin America. Moreover, the Spanish government offers various incentives for developing businesses and offers an inviting environment for foreign investment. Despite the benefits, though, companies planning to hire payroll employees in the country must contend with highly complicated labor laws that are subjected to constant changes and revisions.
To help understand these laws, and to ensure employees are compensated accurately, consider the following overview of some of the most important aspects of Spain’s labor legislation:< Continue reading
The first two entries in this series of blog posts highlighted the common challenges organizations face when expanding operations in the country and the complexities of Russia’s labour code. This third and final post will explore the crucial area of taxation and how organizations can navigate these complex rules and policies.
Of all the complex policies organizations will encounter when hiring payroll employees in Russia, perhaps none is more troublesome than the issue of taxation. As many of the tax policies in Russia are either outdated or constantly changing, employers can become easily overwhelmed. Moreover, certain areas, like insurance contributions, pensions, medical care and personal income tax are all administered by different funds with nonadjacent laws, complicating matters even further. Continue reading
The previous blog in this series highlighted the opportunities – and difficulties – organizations are likely to face when establishing operations in Russia. This entry will focus on navigating the country’s complex labor laws.
Russia boasts a modern labor code developed in line with the standards of the International Labour Organization. Still, there are several areas of the code that may be difficult for foreign organizations to understand, and failure to comply with its standards and regulations can have serious repercussions. Some violations, such as arrears in pay to workers, may even be considered a crime under the country’s criminal code. For any company considering expanding its business into the country and leveraging the Russian workforce, it is crucial to understand and abide by these rules. Continue reading
On March 28, Patersons hosted a webinar titled “The Challenges of Russian Payroll” presented by Unistaff Payroll Solutions, one of Patersons Russian payroll provider partners. The webinar was very well received and provided a lot of information about the various policies and regulations organizations need to know before entering the Russian market. In this three-part series, we’ll explore some of the highlights from the webinar, including the most common problems organizations face when handling Russian payroll, how to navigate the country’s complicated labor statutes and regulations, and how to understand its taxation policies. Continue reading
For companies looking to grow internationally, Australia provides a wealth of business opportunities. The country has been largely immune to the economic catastrophe facing much of the world, enjoying a strong economy and low unemployment. By expanding operations to Australia, businesses can establish a presence on the other side of the world without having to overcome the cultural and language barriers usually associated with hiring employees in other countries. Additionally, as Australia is a key trading partner with nations in the Asia-Pacific region, expanding into the country can be a gateway to working with these markets. Continue reading
Payroll, wages, compensation, benefits, emoluments and salary are all different words for the same concept – giving workers payment for their services. Yet, with so many definitions for the same idea, it’s no wonder that the issue of payroll is so complicated. And, as companies with operations in Europe have come to realize, the continent is home to many hidden complexities regarding payroll, ranging from universal European Union directives to the policies of individual countries and regions. Continue reading
Large multiprocess outsourcers (MPOs), like IBM and Accenture, face many challenges in what they do: deploying the latest IT advancements to support complex business processes for their clients while managing high numbers of employees in different offices, countries and continents. While these activities may be difficult enough, one of the biggest problems multiprocess outsourcers face is payroll. Continue reading
The payroll system in South Africa is designed to ensure that employees receive proper compensation, while paying the necessary taxes and other contributions. However, the complex rules and regulations for payroll can be especially hard to understand for companies looking to launch operations in the country. To help make sense of it all, we’ve broken things down to show the four main areas companies need to comply with when developing a payroll system for South African employees. Continue reading
Going green has become a popular sound bite. Unfortunately, many organizations don’t actually follow through on this obligation. At Patersons, we take environmental issues seriously – so seriously that our day-to-day office activities are guided by this commitment. Continue reading