2020 Global Payroll Retirement 
Immedis
OCTOBER 27, 2020
One of the most common objections I hear when speaking with HR, Finance, or payroll professionals is that convincing executives to invest money into a global payroll solution is no small task. What this view misses is that while global payroll serves a critical function, it also has the potential to be a corporate superpower.
Immedis
JULY 13, 2021
According to Bank of America’s 2020 Workplace Benefits Report , only 49% of employees described themselves as “financially well,” down from 61% in 2018, while 59% admitted to not having control over their debt. As mentioned, many employers have historically supported employee financial wellness with retirement and 401K matching programs.
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Immedis
FEBRUARY 25, 2021
As Josh Bersin observed , “employee experience” was one of the top HR buzzwords of 2020. Organizations can use the mobile wallet to collect data to determine what employees would most benefit from – retirement or mortgage? In 2020, 49% of employees rated their financial wellness as good or excellent, down from 55% in 2019.
Immedis
DECEMBER 19, 2019
As of 1 st January 2020, the employers must pay it on the higher amount of $1,000. Jumping into Latin America and Regulatory Updates in Colombia for 2020, the following information should be noted in relation to minimum wage. 2360 and 2361 of 2019 were issued on 26 th December 2019 for 2020.
Immedis
JANUARY 27, 2021
In 2020 it was equal to 50%. Paragraph 336 contains provisions concerning the experimental establishment for the early retirement of women known as the “opzione donna” or the “woman’s option,” extending its application to employees who fulfill certain requirements by 31st December 2020, instead of 31st December 2019.
Immedis
DECEMBER 2, 2020
As laid out in the Employee Provident Fund Act 1991 , the EPF is an employee retirement saving scheme. Employers can apply to maintain an employee’s contribution rate beginning December 14, 2020, using Borang KWSP 17A (Khas 2021) form. This will be available on the EPF website from December 1, 2020.
Immedis
JANUARY 15, 2021
The Chamber of Deputies on 9 December 2020 passed a pension reform initiative that revises the social security law and retirement savings system. One of the main changes is that the contribution weeks of workers decreases from 1,250 to 750 weeks.
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