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There are many well-known HCM platforms, each of which have many features and benefits. However, using these across a large organization in a consistent manner has sometimes proved difficult, for many reasons.
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Many candidates at interviews for entry-level roles in human resources (HR) are asked the standard question, “Why do you want to join this profession?” and just as quickly comes the predictable answer, “Because I’m a people person.”
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Many businesses embarking on a payroll and HR transformation journey can easily get caught up in the minutiae - hyperfocusing on managing processes and restructuring payroll to the point where they fail to see the forest for the trees.
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Of course, the Fair Labor Standards Act (FLSA) requires that non-exempt employees be paid for all hours worked in a workweek.
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Organizations today are navigating an unprecedented period of disruption. Digital transformation, artificial intelligence, global economic unrest, cybersecurity, and increased competition create enormous challenges for the most agile and innovative organizations.
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By understanding how payroll works and what’s involved, administrators and executives can ensure they are taking full advantage of an opportunity to treat their employees well and to safeguard the entire organization.
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In October, the Supreme Court will begin hearing cases for the 2019 term. This term, the justices will hear two pension-related cases.
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With the advent of globalization, corporate giants flagged of their operations across different geographies, acquiring and collaborating with different organisations.
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The incentives of more effective communication and efficient operations are pushing C-Suites to keep up with Industry 4.0 technology.
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