Editor’s note

For a human resources professional of a large company that has many subsidiaries and/or offices at an international level, it might be difficult to answer the simplest questions about its workforce: how many employees does it have? In which location or subsidiary?

Employee Data: The Truth Is Out There!: Building your ‘single source of truth’

If you are working in a company with many subsidiaries and/or offices at an international level, you might have difficulties answering the simplest questions on your workforce: how many employees do we have? In which location or subsidiary? If you want to dig further, for example to perform gender and compensation analysis, you might find yourself in a nightmare of multiple data sources, csv files to export and compile, heavy excel cross-table formulas to handle and the horrendous “N/A” value appearing everywhere.

HRIS and Payroll Excellence Advertisers: June 2016

Tax Identity Theft: What you need to know

Earlier this year, the U.S. Federal Trade Commission (FTC) reported there was an almost 50% jump in identity theft complaints in 2015. The primary driver of that spike, by far, was tax identity theft. The FTC received 490,220 complaints about identity theft last year, with tax identity theft accounting for 221,854 of the complaints.

Timesheet Fraud: How well is your business protected?

As a business if you are still relying on spreadsheets and paper timesheets to manage your employees’ time, activities, skills and costs, you could be leaving yourself open to inefficiencies, inaccuracies, non-compliance with working time legislation and in some cases even employee fraud.

HR’s Double Privacy Dilemma: Understanding risk management

Of course, every department that handles data – sales, marketing, research, business development, and, of course IT – is grappling with how best to handle personal information, but HR gets it from multiple directions. Not only are you charged with recruiting great candidates in a competitive time while abiding laws around background checks and social media. Not only must you protect and retain employee information appropriately while being asked to launch wellness programs and bring-your-own-device polices.

Employing Paperless System: Easing out employee time, attendance, and payroll

In many companies HR staff have to deal with the unenviable task of managing employee time, attendance, payroll, and benefits programs, and this can be time consuming if manually performed. However, with new software and platforms such as cloud databases, HR departments can easily transfer to a non-paperless system which can increase productivity and efficiency.

New Minimum Wage And Paid Sick Leave Ordinance: How does it affect small business owners in Chicago?

Effective July 1, 2017, employers in the City of Chicago will be required to offer at least five days of paid sick leave to part-time and full-time employees. On June 22, 2016, Chicago City Council unanimously approved the Chicago Minimum Wage and Paid Sick Leave Ordinance, substantially expanding paid time off requirements for employers, city-wide. With its approval, Chicago joins a growing number of U.S. cities, states, and counties with similar sick leave requirements.

Creation Of Permanent Establishment: What multinationals need to know

For a multinational company operating in a foreign country, one of the primary issues to consider is the creation of “permanent establishment” (PE). PE is created by ‘business activity’ that is sufficient for the corporation to be viewed as having a stable and ongoing presence in the country, and resulting in some type of locally created revenue. The primary elements and tests that are used to determine when a PE is created include:

Paying Your Taxes?: Tips to dramatically reduce your tax bill!

It’s every business’ nightmare: you prepare tax returns and realize that you’re about to be hit with a tax bill that you can’t afford to pay. There are numerous options, including agreeing to payment plans and asking the Internal Revenue Service (IRS) for a 120-day extension to pay your bill in full. However, in some cases, you run the numbers and realize that even with future cash flow, converting assets to cash and cutting expenses, it’s simply not possible to pay what you owe.