Papaya Global Open University 2024 – All You Need To Know

Ever developing relationship… FAQ  Papaya Global Open University …

 

the moment an individual joins a company it continues throughout their work and Beyond this journey can be divided into k to a number of essential phases whilst we’re actually you understand that they’re used with us so on boarding everyday operations compensation and advantages professional development then we get to the offboarding and even advocacy so it even occurs after the employee has actually left your work throughout the journey

 

 

Over the past few decades, the workforce has actually undergone a substantial improvement with the introduction of remote work, which has actually removed geographical restraints on hiring. This has enabled services to recruit skill from all over the world, permitting them to assemble the very best possible team for each function. As a result, employees have gained higher versatility to work from home and increase their profits without needing to move to costly areas or commute long distances. According to a 2022 survey, 87% of staff members who have the alternative to work remotely select to do so. The COVID-19 pandemic, integrated with advancements in business connection software application, has even more sped up the shift towards remote work, even in industries that were initially hesitant to embrace the trend.

insights are important to us and and your fellow attendees so first things first though um let’s be familiar with everyone my name is Ian Charles and I have actually worked in payroll for the last 25 years I have actually had functions in all kind of Industries retail and Charm to Aerospace in all kinds of organizations startup to matrixed environments across the globe I provided leadership and method to populations of more than 100,000 staff members on a regular monthly basis and in over 170 countries today I’m the perel strategist for papaya

Global I work throughout business male maning and constructing external relationships supporting Enterprise customers and services and functioning as an advisor I ‘d like to introduce our first Greg um guest Greg who will kick things off by telling us um who he is and a 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 business counsil at bambo HR so I lead our in-house legal group and in fact work extremely closely with our um HR department too to handle numerous legal and HR matters that come up so really delighted to be here about bambo HR if if you’re not acquainted with us uh at bambo HR we say our objective is to set you as HR professionals free to do excellent

Implementation Barriers:
Although Papaya Global supplies integrations with various HR and finance systems, we encountered some obstacles throughout the integration procedure. Personalizing the software to align with our existing infrastructure showed to be more complicated than prepared for, resulting in delays in the preliminary rollout.

Rates Concerns:
The extensive functions provided by Papaya Global come at an expense, which a few of our smaller sized subsidiaries discovered to be excessively pricey. As a global company, we needed to thoroughly weigh the requirement for sophisticated performance versus budget restrictions.

Assistance Reaction Time:
On occasion, our teams experienced issues that required immediate assistance. However, the response time from Papaya Global’s customer support team was not constantly as prompt as we would have liked, leading to delays in solving those concerns.

Our application of involved a phased approach. We began by onboarding a few subsidiaries to check the system’s compatibility with our existing processes. This permitted us to determine and attend to combination challenges early on. As the software became more instilled in our operations, we slowly expanded its use to cover our whole international workforce.

The automated features structured our payroll processes, lowering the time invested in manual estimations and compliance tracking. Regular training sessions and continuous assistance from Papaya assisted our teams end up being competent users of the software, optimizing its capacity for our company.

Business that worker workers across several nations typically deal with complex obstacles when it comes to handling their workforce. One of the biggest difficulties is combining different information streams and sticking to varied local and national labor regulations, which can be both time-consuming and costly. Moreover, establishing regional entities in new regions can be a costly and suboptimal option, with alternatives such as opening a foreign subsidiary or working with an expert work organization (PEO) typically charging up to 15% of the payroll. These obstacles have caused a considerable increase in difficulty recruiting certified workers, with 75% of employers reporting this concern in 2022, a 21% boost from 2019. The payroll and HR services market, valued at $26.4 billion in 2022, is anticipated to reach $50.4 billion by 2030.

uses a solution supporting all types of work. It offers an end-to-end platform, from staff member onboarding and ongoing management to worldwide payments and. It assists companies with labor law compliance in the jurisdictions in which they operate, uses management of work advantages, and ensures data privacy in compliance with GDPR.

Eynat Guez |
Eynat is the CEO of. An entrepreneur with 15 years of experience, she is a leading specialist in payroll and workforce management. She co-founded after seeing the technology space in worldwide.

papaya this webcast has actually been pre-approved for hrci and Sherm credit please make certain to go to the complete 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 brand-new tab will open in your browser with the webcast study please make sure to complete it as soon as the webcast has actually ended it is now my pleasure to turn it over to Pap and bamboo HR for their presentation hi and thank you for joining us today we’re thrilled to have you here as we embark on a journey of information to guideline attaining

360 degree worker compliance where we’ll dive into the essential elements of the employee compliance management model throughout the session we’ll explore real life obstacles real local policies best practices and the function of Automotion in simplying compliance journey be prepared to emerge in a thorough understanding of how to safeguard your organization and employees while remaining certified in an

Ever developing regulatory environment in the everchanging world of business and financing ensuring compliance with payroll policies is not only vital but likewise a legal imperative from the moment of working with to the in intri intricacies even sorry of termination every step along the worker journey is Frau with compliance risks that have far-reaching repercussions nevertheless with a deeper more nuanced understanding of their responsibilities companies can not only navigate the detailed landscape but likewise proactively ensure this 360 degree compliance the webinar is designed to equip you with the knowledge and tools needed to browse the complex Surface of compliance whether you’re an experienced P professional a small company owner or someone brand-new to the field what I want to do before we start and I believe it’s truly essential

In our mission to boost effectiveness and precision in handling our global labor force, our international corporation turned to, a leading and labor force management software application. The transition aimed to streamline the complex job of handling across various nations, currencies, and compliance guidelines.

The Excellent:

Compliance Management:
One of the standout functions of is its robust compliance management system. The software immediately updates itself to stick to ever-evolving tax and labor laws across numerous jurisdictions. This has actually been vital in making sure that our procedures remain certified in each country of operation.

is to state that the material here is not legal suggestions it is just for your info please consult your legal team ought to you have any questions or issues in relation to anything that we have actually discussed today our key take essential takeaways by the end of the webinar will be an understanding of staff member compliance risks how to work with ly with self-confidence how to simplify information management and automation so let’s take ourselves a minute to familiarize ourselves with the webinar platform once again as we have actually.

serve as your hris or is sort of your core staff member record um to handle that employee life cycle throughout their Journey with you as as an employee in addition to a payroll module we have to assist you pay those employees and compensate them and advantages Administration module that enables you to help manage the benefits you provide to your workers so really excited to be here represent um bamb booy container and speak about this subject um and I think from my point of view I’ll I’ll probably supply a lot of a concentrate on the United States side of things when we talk about kind of compliance so happy to be here thanks for having me Ian okay thanks Greg um Gina over to you would you like to present yourself and inform the audience a bit about papay international yes absolutely thank you Ian hello everyone I’m Gina dorelis I’m the Employment professional manager.

at I manage the employment Council in the US APAC EMA and Israel region I also work as us Council for I’m certified in New york city and New Jersey um we ensure compliance onboarding and offboarding of employees with regard to papaya we supply payroll payments and workforce management as a Service work force supplier to employees serving in over.

160 nations okay thank you so both I feel entirely underqualified sitting here with you both well I forgot to point out as we were type of like going through the intro so it’s truly really nice to in fact see in the webinar chat where everyone’s actually attending from today I can see that we have people in Las Vegas and Indiana already so if you wish to continue inform where you are that would be definitely great whilst we just wait on everyone else to kind of like participate there we go Chicago also well um so whil we’re doing that I’m waiting on everybody to sort of join I’ll just run us through the agenda um today we are going to go over working with Talent brand-new higher Info Management termination compliance and automation wow the chat has got actually truly hectic so we got Dallas Austin San Antonio Toronto San Francisco Richmond um you’re coming from definitely everywhere which is fantastic so uh I’m hoping that we’re really going to have some actually fantastic commentary and questions throughout the uh the webinar also fine so that’s the agenda then what I want to Now cover is the the compliance and the Privacy side of things so the the Journey of a staff member and their data is Papaya Global Open University multifaceted without fail and an.

organizations are responsible for collecting keeping safeguarding worker data in compliance with information personal privacy regulations no matter where it is you’re operating around the globe it typically includes executing safe and secure information management systems and making sure rigorous adherence to regional requirements to protect both the worker and the company the evolution of staff member information and management c.