Payroll outsourcing industry has evolved over a period of time. Earlier most of the payroll processing was done in-house based on homegrown systems with HR & Finance departments pitching-in to support from a compliance point of view, while there were a few payroll processing behemoths straddling the outsourcing industry. This changed over a period of time, because of various reasons. Organizations started operating in different geographies and opened offices across the globe to stay...
With the business landscape being constantly in a state of evolution, organizational functionalities from operational management to HCM have undergone tremendous transformations. But the overall aim of every business venture is constant - achieving excellence in their area of expertise. Achieving consistency and innovative perfection in every operational activity is what every organization strives for.
Budget 2017 focuses on lifestyle of individuals, children with special needs and young families by announcing tax relief measures, incentives, budget allocations. The following is a summary of the key measures announced in the 2017 budget:
Now that the dust has settled after June referendum on Britain’s membership in the EU, the effect on payroll is clearly visible. Brexit will impact many factors which we will consider in this blog but main question is “when”.