Papaya Global Greece 2024 – FAQ

Cost Factors to consider and Papaya Global Greece …
The comprehensive functions of come at a cost,

 

Over the past few years, the workforce has gone through a considerable transformation with the development of remote work, which has actually eliminated geographical restrictions on hiring. This has actually enabled companies to recruit talent from all over the world, permitting them to assemble the best possible group for each role. As a result, workers have actually gained higher versatility to work from home and increase their incomes without having to move to costly areas or commute long distances. According to a 2022 survey, 87% of employees who have the option to work from another location pick to do so. The COVID-19 pandemic, combined with improvements in enterprise connection software application, has actually further sped up the shift towards remote work, even in industries that were initially reluctant to embrace the trend.

insights are important to us and and your fellow participants so first things initially though um let’s be familiar with everybody my name is Ian Charles and I’ve worked in payroll for the last 25 years I’ve had roles in all type of Industries retail and Beauty to Aerospace in all types of services start-up to matrixed environments across the globe I offered management and technique 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 across business guy maning and developing external relationships supporting Business clients and services and acting as a consultant I ‘d like to introduce our very first Greg um visitor 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 stated my name is Greg Piper uh I am the senior business counsil at bambo HR so I lead our in-house legal group and actually work very closely with our um HR department too to manage numerous legal and HR matters that come up so actually thrilled to be here about bambo HR if if you’re not familiar with us uh at bambo HR we state our objective is to set you as HR professionals complimentary to do excellent

Application Obstacles:
Although Papaya Global supplies combinations with different HR and finance systems, we came across some obstacles throughout the combination procedure. Customizing the software to line up with our existing infrastructure showed to be more intricate than anticipated, resulting in hold-ups in the initial rollout.

Prices Issues:
The extensive features used by Papaya Global come at a cost, which some of our smaller sized subsidiaries discovered to be prohibitively expensive. As an international company, we needed to thoroughly weigh the requirement for innovative performance versus spending plan restrictions.

Support Action Time:
On occasion, our groups experienced concerns that required immediate help. Nevertheless, the action time from Papaya Global’s consumer assistance group was not constantly as prompt as we would have liked, causing delays in dealing with those problems.

Our application of involved a phased technique. We began by onboarding a couple of subsidiaries to test the system’s compatibility with our existing procedures. This enabled us to recognize and attend to combination challenges early on. As the software application became more instilled in our operations, we slowly expanded its usage to cover our entire worldwide labor force.

The automated features structured our payroll procedures, lowering the time invested in manual computations and compliance tracking. Routine training sessions and continuous assistance from Papaya helped our groups become skilled users of the software, optimizing its capacity for our organization.

However, paying a labor force can be complicated. It is particularly challenging for business who utilize staff across multiple nations, as they should continuously consolidate various data streams, manually track local and nationwide labor and regulations, and invest valuable time and resources to set up local entities in new areas. These business are confronted with suboptimal, costly options, like opening a foreign subsidiary or working with an expert work company, which is a regional company that works with employees on their behalf and can charge up to 15% of. By 2022, 75% of companies reported problem hiring qualified personnel, an increase of 21% from 2019. The payroll & HR services market was valued at $26.4 billion in 2022 and is predicted to reach $50.4 billion by 2030.

provides a service supporting all types of work. It supplies an end-to-end platform, from employee onboarding and ongoing management to worldwide payments and. It helps business with labor law compliance in the jurisdictions in which they run, uses management of employment advantages, and ensures information 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 labor force management. She co-founded after seeing the innovation gap in international.

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 concerns throughout 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 study please make sure to finish it as quickly as the webcast has 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 start a journey of information to guideline achieving

360 degree employee compliance where we’ll dive into the vital aspects of the staff member compliance management design throughout the session we’ll check out real life obstacles genuine regional policies best practices and the role of Automotion in simplying compliance journey be prepared to emerge in an extensive understanding of how to protect your organization and staff members while staying certified in an

Ever developing regulative environment in the everchanging world of organization and financing making sure compliance with payroll regulations is not just essential however also a legal essential from the moment of hiring to the in intri intricacies even sorry of termination every step along the employee journey is Frau with compliance dangers that have significant effects nevertheless with a much deeper more nuanced understanding of their responsibilities companies can not only browse the elaborate landscape however likewise proactively guarantee this 360 degree compliance the webinar is designed to equip you with the understanding and tools required to browse the complex Terrain of compliance whether you’re a seasoned P specialist a small business owner or someone new to the field what I wish to do before we start and I believe it’s actually important

In our quest to boost effectiveness and precision in handling our worldwide labor force, our multinational corporation turned to, a leading and labor force management software application. The shift aimed to streamline the complex task of handling across different countries, currencies, and compliance policies.

The Great:

Compliance Management:
Among the standout features of is its robust compliance management system. The software application immediately updates itself to comply with ever-evolving tax and labor laws throughout several jurisdictions. This has been indispensable in guaranteeing that our procedures stay certified in each nation of operation.

is to state that the content here is illegal recommendations it is merely for your info please consult your legal group ought to you have any concerns or issues in relation to anything that we have actually discussed today our secret take essential takeaways by the end of the webinar will be an understanding of staff member compliance dangers how to employ ly with self-confidence how to streamline data management and automation so let’s take ourselves a moment to familiarize ourselves with the webinar platform once again as we’ve.

function as your hris or is sort of your core worker record um to handle that staff member life process throughout their Journey with you as as a worker in addition to a payroll module we need to assist you pay those workers and compensate them and benefits Administration module that allows you to help handle the benefits you offer to your staff members so truly thrilled to be here represent um bamb booy container and speak about this topic um and I guess from my viewpoint I’ll I’ll most likely supply a great deal of a focus on the US side of things when we speak about sort of compliance so delighted 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 worldwide yes absolutely thank you Ian hi everyone I’m Gina dorelis I’m the Work expert manager.

at I manage the work Council in the United States APAC EMA and Israel region I likewise serve as us Council for I’m accredited in New york city and New Jersey um we guarantee compliance onboarding and offboarding of workers with regard to papaya we offer payroll payments and labor force management as a Service work force service provider to workers serving in over.

160 nations fine thank you so both I feel totally underqualified sitting here with you both well I forgot to discuss as we were sort of like going through the introduction so it’s really truly great to in fact see in the webinar chat where everyone’s really attending from today I can see that we have people in Las Vegas and Indiana already so if you want to continue inform where you are that would be definitely fantastic whilst we just wait on everybody else to sort of like participate in there we go Chicago too well um so whil we’re doing that I’m waiting on everyone to sort of join I’ll simply run us through the agenda um today we are going to discuss employing Talent new greater Details Management termination compliance and automation wow the chat has got actually actually hectic so we got Dallas Austin San Antonio Toronto San Francisco Richmond um you’re originating from definitely all over which is great so uh I’m hoping that we’re really going to have some truly excellent commentary and questions throughout the uh the webinar as well okay 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 an employee and their information is Papaya Global Greece complex without fail and an.

Ever evolving relationship that starts the minute an individual signs up with an organization it continues throughout their employment and Beyond this journey can be divided into k to a number of key phases whilst we’re in fact you know that they’re used with us so on boarding everyday operations settlement and advantages expert development then we get to the offboarding and even advocacy so it even occurs after the worker has left your employment throughout the journey companies are responsible for gathering saving securing worker information in compliance with information personal privacy regulations no matter where it is you’re operating around the globe it often includes executing safe and secure information management systems and ensuring strict adherence to local requirements to secure both the employee and the organization the evolution of employee data and management c.

Papaya Global Greece 2024 – FAQ

Cost Considerations and Papaya Global Greece …
The comprehensive features of come at a cost,

 

Over the past couple of years, the workforce has actually undergone a considerable improvement with the development of remote work, which has actually removed geographical restrictions on hiring. This has enabled businesses to recruit talent from all over the world, enabling them to put together the best possible group for each function. As a result, workers have actually gained higher versatility to work from home and increase their profits without having to relocate to costly areas or commute long distances. According to a 2022 survey, 87% of staff members who have the choice to work from another location choose to do so. The COVID-19 pandemic, combined with developments in business connectivity software application, has actually even more accelerated 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 participants so first things initially though um let’s be familiar with everyone my name is Ian Charles and I’ve operated in payroll for the last 25 years I’ve had roles in all kind of Industries retail and Charm to Aerospace in all types of companies start-up to matrixed environments around the world I supplied management and technique to populations of more than 100,000 staff members on a monthly basis and in over 170 nations today I’m the perel strategist for papaya

International I work across business man maning and developing external relationships supporting Enterprise customers and services and acting as a consultant I ‘d like to introduce our first Greg um visitor 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 stated my name is Greg Piper uh I am the senior corporate counsil at bambo HR so I lead our internal legal team and actually work extremely carefully with our um HR department too to deal with various legal and HR matters that show up so really delighted to be here about bambo HR if if you’re not familiar with us uh at bambo HR we state our mission is to set you as HR specialists free to do great

Application Obstacles:
Although Papaya Global offers integrations with various HR and financing systems, we experienced some hurdles throughout the integration process. Personalizing the software to align with our existing facilities proved to be more complex than prepared for, resulting in hold-ups in the preliminary rollout.

Rates Concerns:
The comprehensive functions offered by Papaya Global come at a cost, which some of our smaller subsidiaries found to be prohibitively pricey. As an international organization, we had to thoroughly weigh the requirement for advanced performance versus budget plan restrictions.

Support Response Time:
On occasion, our groups experienced problems that required urgent assistance. However, the reaction time from Papaya Global’s customer support team was not constantly as prompt as we would have liked, leading to delays in solving those problems.

Our execution of involved a phased method. We started by onboarding a few subsidiaries to test the system’s compatibility with our existing processes. This allowed us to determine and resolve combination obstacles early on. As the software ended up being more ingrained in our operations, we gradually broadened its use to cover our entire worldwide labor force.

The automated functions streamlined our payroll procedures, lowering the time spent on manual computations and compliance tracking. Regular training sessions and continuous assistance from Papaya assisted our teams become proficient users of the software, optimizing its potential for our company.

Nevertheless, paying a workforce can be intricate. It is especially challenging for business who employ personnel across multiple nations, as they should constantly combine different data streams, manually track local and national labor and regulations, and spend valuable time and resources to establish regional entities in brand-new locations. These companies are faced with suboptimal, pricey options, like opening a foreign subsidiary or working with an expert work organization, which is a regional firm that employs workers on their behalf and can charge up to 15% of. By 2022, 75% of employers reported difficulty recruiting qualified 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 a solution supporting all kinds of work. It supplies an end-to-end platform, from employee onboarding and ongoing management to global payments and. It helps companies with labor law compliance in the jurisdictions in which they run, provides management of employment advantages, and guarantees data privacy in compliance with GDPR.

Eynat Guez |
Eynat is the CEO of. A business owner with 15 years of experience, she is a leading specialist in payroll and workforce management. She co-founded after seeing the innovation gap in global.

papaya this webcast has actually been pre-approved for hrci and Sherm credit please be sure to participate in the complete webcast in order to receive 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 web browser with the webcast study please make certain to finish it as quickly 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 start a journey of data to regulation attaining

360 degree employee compliance where we’ll dive into the vital aspects of the staff member compliance management model throughout the session we’ll check out real life obstacles real local regulations best practices and the role of Automotion in simplying compliance journey be prepared to emerge in an extensive understanding of how to safeguard your organization and staff members while remaining compliant in an

Ever developing regulatory environment in the everchanging world of organization and finance guaranteeing compliance with payroll regulations is not only crucial however also a legal essential from the moment of employing to the in intri complexities even sorry of termination every step along the employee journey is Frau with compliance risks that have significant consequences however with a deeper more nuanced understanding of their obligations companies can not only browse the detailed landscape however likewise proactively guarantee this 360 degree compliance the webinar is designed to equip you with the understanding and tools essential to navigate the complex Surface of compliance whether you’re a skilled P specialist a small company owner or somebody brand-new to the field what I want to do before we begin and I believe it’s truly important

In our mission to enhance efficiency and precision in managing our worldwide workforce, our multinational corporation turned to, a leading and labor force management software. The transition aimed to streamline the complex task of managing across different countries, currencies, and compliance regulations.

The Great:

Compliance Management:
One of the standout functions of is its robust compliance management system. The software instantly updates itself to comply with ever-evolving tax and labor laws across multiple jurisdictions. This has actually been invaluable in ensuring that our procedures remain compliant in each country of operation.

is to state that the content here is illegal advice it is just for your information please consult your legal group should you have any concerns or issues in relation to anything that we’ve discussed today our secret take essential takeaways by the end of the webinar will be an understanding of employee compliance threats how to hire ly with confidence how to simplify information management and automation so let’s take ourselves a moment to acquaint ourselves with the webinar platform once again as we have actually.

serve as your hris or is sort of your core worker record um to manage that employee life cycle throughout their Journey with you as as a staff member in addition to a payroll module we need to help you pay those workers and compensate them and advantages Administration module that allows you to assist manage the benefits you provide to your employees so actually thrilled to be here represent um bamb booy container and discuss this subject um and I guess from my perspective I’ll I’ll most likely supply a great deal of a focus on the US side of things when we discuss sort of compliance so delighted to be here thanks for having me Ian alright thanks Greg um Gina over to you would you like to introduce yourself and inform the audience a little bit about papay global yes definitely thank you Ian hello everybody I’m Gina dorelis I’m the Work expert supervisor.

at I handle the work Council in the US APAC EMA and Israel region I also function as us Council for I’m accredited in New york city and New Jersey um we make sure compliance onboarding and offboarding of workers with regard to papaya we supply payroll payments and workforce management as a Service work force provider to employees serving in over.

160 countries all right thank you so both I feel completely underqualified sitting here with you both well I forgot to point out as we were type of like going through the introduction so it’s actually really great to actually see in the webinar chat where everybody’s really participating in from today I can see that we have individuals in Las Vegas and Indiana already so if you wish to continue inform where you are that would be absolutely great whilst we simply wait on everybody else to kind of like participate in there we go Chicago also well um so whil we’re doing that I’m waiting for everyone to kind of join I’ll simply run us through the program um today we are going to discuss employing Talent brand-new greater Information Management termination compliance and automation wow the chat has got actually truly busy so we got Dallas Austin San Antonio Toronto San Francisco Richmond um you’re coming from definitely all over which is fantastic so uh I’m hoping that we’re in fact going to have some truly great commentary and questions throughout the uh the webinar as well okay so that’s the program then what I want to Now cover is the the compliance and the Personal privacy side of things so the the Journey of a staff member and their data is Papaya Global Greece complex without fail and an.

Ever progressing relationship that begins the moment an individual signs up with an organization it continues throughout their work and Beyond this journey can be divided into k to a number of essential stages whilst we’re in fact you know that they’re employed with us so on boarding daily operations compensation and benefits professional development then we get to the offboarding and even advocacy so it even happens after the worker has actually left your work throughout the journey organizations are responsible for collecting storing safeguarding staff member data in compliance with data personal privacy regulations no matter where it is you’re operating worldwide it typically involves executing secure data management systems and making sure rigorous adherence to local requirements to safeguard both the employee and the organization the advancement of staff member information and management c.