The COVID-19 pandemic, combined with improvements in business connectivity software application… Papaya Global Employee Maternity Leave …
insights are valuable to us and and your fellow participants so first things first though um let’s learn more about everybody my name is Ian Charles and I have actually worked in payroll for the last 25 years I have actually had functions in all type of Industries retail and Beauty to Aerospace in all types of organizations start-up to matrixed environments across the globe I offered leadership and method to populations of more than 100,000 workers on a month-to-month basis and in over 170 nations today I’m the perel strategist for papaya
Worldwide I work throughout the business man maning and building external relationships supporting Business customers and options and serving as an advisor I ‘d like to introduce our first Greg um visitor Greg who will kick things off by informing us um who he is and a little bit more about bamboo HR Greg over to you thanks Ian yeah as Ian said my name is Greg Piper uh I am the senior corporate counsil at bambo HR so I lead our in-house legal group and really work really closely with our um HR department as well to handle different legal and HR matters that turn up so truly delighted to be here about bambo HR if if you’re not knowledgeable about us uh at bambo HR we state our objective is to set you as HR professionals free to do great
Application Obstacles:
Although Papaya Global provides integrations with numerous HR and financing systems, we encountered some difficulties during the combination process. Tailoring the software application to align with our existing facilities showed to be more complex than anticipated, leading to hold-ups in the initial rollout.
Prices Concerns:
The extensive features used by Papaya Global come at a cost, which a few of our smaller subsidiaries discovered to be excessively pricey. As a global organization, we had to carefully weigh the requirement for sophisticated functionality against budget restrictions.
Support Reaction Time:
On occasion, our teams experienced concerns that required immediate support. Nevertheless, the action time from Papaya Global’s customer assistance team was not always as prompt as we would have liked, leading to delays in solving those concerns.
Our implementation of included a phased technique. We started by onboarding a few subsidiaries to test the system’s compatibility with our existing processes. This enabled us to recognize and resolve combination challenges early on. As the software application became more ingrained in our operations, we slowly expanded its usage to cover our whole international workforce.
The automated functions streamlined our payroll procedures, lowering the time invested in manual calculations and compliance tracking. Routine training sessions and continuous assistance from Papaya helped our groups become skilled users of the software application, maximizing its potential for our company.
However, paying a labor force can be complicated. It is especially challenging for business who employ staff across multiple countries, as they should continuously combine various data streams, by hand track regional and nationwide labor and regulations, and invest important time and resources to set up local entities in new areas. These business are faced with suboptimal, expensive options, like opening a foreign subsidiary or working with a professional employment organization, which is a regional company that employs employees on their behalf and can charge up to 15% of. By 2022, 75% of employers reported trouble recruiting certified workers, a boost of 21% from 2019. The payroll & HR solutions market was valued at $26.4 billion in 2022 and is projected to reach $50.4 billion by 2030.
provides an option supporting all types of employment. It provides an end-to-end platform, from worker onboarding and continuous management to worldwide payments and. It assists companies with labor law compliance in the jurisdictions in which they run, uses management of employment benefits, and guarantees information privacy in compliance with GDPR.
Eynat Guez |
Eynat is the CEO of. An entrepreneur with 15 years of experience, she is a leading expert in payroll and labor force management. She co-founded after seeing the technology gap in global.
papaya this webcast has actually been pre-approved for hrci and Sherm credit please make certain to participate in the total webcast in order to get your credits if you have any questions during the webcast please click the Q&A tab in your webinar controls and type the there a new tab will open in your internet browser with the webcast survey please be sure to complete it as soon as the webcast has ended it is now my pleasure to turn it over to Pap and bamboo HR for their presentation hey there and thank you for joining us today we’re thrilled to have you here as we embark on a journey of data to policy attaining
360 degree worker compliance where we’ll dive into the essential elements of the employee compliance management design throughout the session we’ll check out real world challenges genuine local policies best practices and the role of Automotion in simplying compliance journey be prepared to emerge in a detailed understanding of how to secure your company and employees while staying certified in an
Ever developing regulative environment in the everchanging world of business and finance ensuring compliance with payroll guidelines is not just important however likewise a legal necessary from the moment of working with to the in intri complexities even sorry of termination every step along the staff member journey is Frau with compliance risks that have significant repercussions nevertheless with a much deeper more nuanced understanding of their commitments organizations can not only browse the detailed landscape however also proactively guarantee this 360 degree compliance the webinar is developed to equip you with the knowledge and tools needed to navigate the complex Terrain of compliance whether you’re a skilled P professional a small business owner or somebody brand-new to the field what I wish to do before we begin and I think it’s truly essential
In our quest to improve efficiency and precision in managing our global labor force, our multinational corporation turned to, a leading and labor force management software application. The transition intended to streamline the complex task of handling throughout different nations, currencies, and compliance regulations.