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The Covid pandemic has certainly shaken up the employment market; from the height of the crisis, before lockdowns took effect and vaccine programs put humanity into ascendancy over the virus, it was clear there would be some lasting changes to the business of recruitment. The benefits that have made WFH sticky and hard to ignore.
Any discussion on outsourcing payroll will always have one question: What will be my cost savings on this? The good news is, outsourcing payroll is already proven to be more cost-effective in the long run: companies who outsource save an average of 18% more than those who manage payroll in-house. Employee engagement.
On 1 July 2018, the Australian Government implemented Single Touch Payroll (STP), a legislation that changed the way businesses report payroll information to the Australian Taxation Office (ATO). Activation is easy, done through Preceda’s Single Touch Payroll Configuration screen available in v15.3.
Ascender is a cloud-based human capital management (HCM) software platform that offers a range of tools to help businesses manage their HR, payroll, and talent management needs. The payroll management features of Ascender allow businesses to process payroll quickly and accurately, while complying with local regulations and tax laws.
Over the past year, the payroll industry and payroll professionals have been inundated with material from the ATO and consulting firms relating to Single Touch payroll (STP). Download our latest product bulletin to see some of the common questions we’ve been receiving in relation to Single Touch Payroll.
The past years have seen the rise of several trends in modernising Human Resource (HR) processes, with payroll management right at the forefront. Hidekazu Matsubayashi, Regional Sales Manager – Tokyo, Ascender, says AI had the biggest impact on payroll management in the last year, and that will only continue.
This question seems simple enough: do you keep your payroll services in-house, or do you outsource this function to a third-party provider? Despite the simplicity, however, this also tends to be a question that lingers in the “I will think about it later” box, most especially when your payroll does not seem to be broken.
Single Touch Payroll (STP) is a change in the way the Australian Government requires employers to report payroll information to the Australian Taxation Office. This move will deliver real-time visibility over the accuracy and timeliness of businesses’ payroll processes in each pay event or pay run. Download your free guide.
Download our free guide to a Payroll Health Check. All too often, companies neglect conducting a payroll health check, especially when employees are getting paid on time and the business is operating as usual. This whitepaper outlines how a payroll health check can help identify potential issues and save your business money.
It is time for businesses to get ready for Single Touch Payroll (STP), a new legislation being introduced on 1 July 2018. The new legislation changes the way the Australian government requires businesses to report payroll information to the Australian Taxation Office (ATO), as part of the government’s digital-first initiative.
Advances in Payroll and HR systems have been at the forefront of this revolution. It should be said that the most important functionalities of a payroll system remain that of ensuring full compliance , secure management and seamless staff payment. With the right system, this objective of empowerment is easy to accomplish.
So HR and payroll technologies are critical to the issues of power and trust and access for your business leaders. Moreover, when your payroll function is transferred to a SaaS-based platform, it creates the opportunity to mine and collect a vast amount of previously unrecorded data.
Payroll is changing: What to look out for in 2019. As new technologies like artificial intelligence and the internet of things (IoT) look to fundamentally alter industries around the globe, payroll is expected to change greatly in the coming years. The post Payroll Trends: What to look out for in 2019 appeared first on Ascender HCM.
Payroll is about to go through a tremendous legislative change on 1 July 2018 with the introduction of Single Touch Payroll (STP). The new legislation is a change in the way the Australian Government requires businesses to report payroll information to the Australian Taxation Office (ATO). Download our free whitepaper.
Sign up and get our free guide to Payroll in Asia. This whitepaper takes you on a tour across Asia and look at the complexities of each country’s payroll to help you effectively manage people, process and policy in a diverse region.
by Inna Wahlberg, General manager for Ascender Asia Services and Krishna Ramalingam, Head of Account Management for Ascender Asia Services. A good example of this holistic approach is Ascender’s “Give, Get, Grow” programme. Give : Ascender employees can choose to give a portion of their wage to a nominated charity.
In this webinar we’re joined by two of our leading experts in the HR/Payroll space to give insight into how organisations should be adapting to these new trends and its impact on the HR & Payroll space.
Sign up and get our free guide to Payroll in Asia. This whitepaper takes you on a tour across Asia and look at the complexities of each country’s payroll to help you effectively manage people, process and policy in a diverse region.
Our 2020 Payroll and HR Trends report opened by stating that ‘making predictions is hard’ That certainly turned out to be true when the COVID-19 pandemic literally swept across the world early in the year. In this ebook, we will be predicting some of the key trends in the Payroll and HR space in 2021.
Add the cultural nuances associated with how people prefer to access their information – and just like that, the myth that is global payroll has been busted. While expanding an organisation’s global reach is vital, taking a local approach to payroll is equally important. You might think global, but you have to act local”.
HR Directors globally are struggling with many of the same payroll challenges. In this infographic we explore the universal solution – integrated payroll software. The post 8 payroll challenges HR Directors can easily overcome appeared first on Ascender HCM.
Our 2020 Payroll and HR Trends report opened by stating that ‘making predictions is hard’. In this webinar we’re joined by two of our leading experts in the HR/Payroll space to give insight into how organisations should be adapting to these new trends and its impact on HR & Payroll.
Payroll is a critical connector between employee satisfaction and a higher level of business performance. A successful business ensures they embrace a proactive payroll strategy. This infographic shows us the key compliance factors most relevant to Australia’s human resource and payroll professionals.
Getting pay right is essential for businesses and having the right payroll solution in place plays an important role in ensuring pay accuracy. Before you purchase a new payroll solution, use our guide to help you make the best decision for your business, now and into the future.
While it promises to benefit both employees and companies, its introduction will undoubtedly signal a period of transition for Japanese employers, and this is likely to greatly impact payroll and HR. The post Work Style Reforms: how HR and payroll departments can prepare appeared first on Ascender HCM.
Multi Country Payroll Outsourcing ( MCPO ) is at a tipping point in Asia Pacific. They’re looking for a scalable solution that gives them control, compliance, cost efficiency and provides increased visibility into all of their HR and payroll processes. Download a free Everest Multi Country Payroll Outsourcing white paper.
As the leading human resource and payroll software and services provider in Asia Pacific, Ascender has undertaken a large research survey to examine the state of payroll in Australia. The post Getting Pay Right Still Going Wrong appeared first on Ascender HCM.
The time has come to get payroll out of the bunker and into the depths of your enterprise. Payroll management is not just about keeping on top of non-compliance or incorrect payments. So, if your business has not yet tapped into the powerful resource of payroll as a value-add, it is time to take stock of its functionality.
How confident is your organisation on your HR and payroll compliance? In this whitepaper, you’ll find an investigative look at payroll compliance, covering business confidence and compliance in their companies, interdepartmental collaboration, and data security. Sign up and get our free compliance guide.
Through it all, payroll specialists have played an essential role in helping ease worries by moving quickly in rolling out government support to people across the Asia Pacific, while ensuring they get paid accurately and on time. As the Prime Minster says, “ We don’t often talk about our payroll specialist except on an occasional pay day.
With payroll management, HR filing, superannuation and tax calculations being just a few of the items on the list, payroll and HR teams are by this point likely to be working around the clock. Have a payroll system that supports your EOFY requirements. What should be in the plan?
It integrates data, processes, and systems related to talent acquisition, employee management, payroll, performance management, training, and other HR-related tasks. With features like talent acquisition, performance management, payroll, and analytics, Mosaic HCM provides a holistic approach to workforce management.
Payroll and payroll compliance may not always be a trending topic, yet most people do not realise that they often make headlines. Getting payroll wrong is very costly. Hence, the old adage, “Nobody wants to hear from payroll until it is too late” rings true until today. So this is not an issue you can be vague about. “A
Multi Country Payroll can be a challenge. In-house payroll teams looking after multi country payroll have to deal with numerous contracts, currencies, customs, legislation and time zones. The Global Payroll Management Institute makes some good points. All of these factors make this process a tough task to tackle.
They decided they wanted to outsource their payroll processes for Asia Pacific offices, who collectively have a total headcount of 2,000 people. As a result of their business growth, they found themselves in a situation where they needed a more robust and automated payroll solution. No visibility into the true cost of payroll.
by Sandy Forrest, General Manager for Ascender ANZ Public & Enterprise Services. Ascender will be at the upcoming Universities Australia Conference 2021 on 2-3 June at the National Convention Centre, Canberra. The higher education sector is one of Australia’s top contributors to the economy.
Your payroll management team or individual might be worth their weight in gold, but even golden employees go on holiday, get sick, have personal crises, and are particularly unskilled in the prevention of natural disaster. It is a bad day for HR when a tried and trusted payroll manager gives notice. Backup your payroll files regularly.
Preceda – Single Touch Payroll Update. Ascender wish to advise that as of March 27, 2018, all Ascenderpayroll platforms are now covered by a Single Touch Payroll (STP) deferral issued by the Australian Tax Office. Each Ascender solution has been issued with an individual Deferral Reference Number (DRN).
Preceda – Single Touch Payroll Update. Ascender wish to advise that as of March 27, 2018, all Ascenderpayroll platforms are now covered by a Single Touch Payroll (STP) deferral issued by the Australian Tax Office. Each Ascender solution has been issued with an individual Deferral Reference Number (DRN).
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