In order to leverage the benefits available to businesses in Australia, organizations must first become familiar with the nuances of the payroll systems of the Land Down Under.  Some of the most common aspects include:

• Tax System – Australia has a pay-as-you-go (PAYG) system for income tax, which enables employers to withhold taxes from employee paychecks.  The tax rate is progressive based on income and whether employees are full time or contractors, and these rates vary among Australia’s eight states and territories.

• Industrial Relations System – The Australian Fair Work Act established various industrial regulations regarding working conditions, such as the maximum number of hours worked, flexible working arrangements, parental leave, vacation time and other aspects important to employers.

• Superannuation – Superannuation refers to Australia’s retirement and pension program, for which employers are required to contribute based on a proportion of an employee’s salary.  The amount is fixed and currently stands at 9 percent.

• Payroll Tax – Employers whose payments to employees exceed certain thresholds must pay payroll taxes for all types of payment, including wages, salaries, commissions, allowances and bonuses.  The thresholds and the tax rate vary by individual state and territory governments.

• Workers Compensation Insurance – Employers are required to cover their employees with workers compensation insurance in case of accidents in the workplace, and they must have coverage in each state and territory in which they hire workers.  Premiums are based on factors such as the type of industry, remuneration and claims history.

• Fringe Benefits Tax – Companies will face fringe benefit taxes for the provision of certain non-cash benefits, such as use of a company car, private health insurance or low interest loans.  Any benefits with a value over $2,000 must be reported on the employee’s PAYG payment summary.

While these are just a small sample of the factors companies must deal with when employing payroll workers in Australia, understanding and complying with all of these regulations can be challenging for anyone.  To ensure your Australian hiring plans are in order, and in compliance, it pays to work with Patersons, a trusted partner who understands the intricacies of compensating employees in Australia – and beyond.

Source of information provided by Grant Thornton Australia.

Registration Link: Click here

Topic: Many organizations are seeking new business opportunities and growth beyond their home borders. With globalization an ever-increasing and persuasive force, technology infrastructure and human resource processes need to keep pace. But how ready are most Human Resources and HR Information Technology organizations to support a global venture? What are the stages of globalization and the leading practices to follow?

Patersons Community invites you to get the answers to these questions and further investigate the process of globalization and development for human resources and systems by joining Karen Beaman, CEO of Jeitosa Group International as she discusses the results of their Going Global Survey.

The survey consists of a broad range of questions, covering business strategy and organizational design, as well as the people, process, and technology aspects that must be considered when going global.

Guest Speaker: Karen Beaman, CEO, Jeitosa Group International

A widely recognized global HR industry and business leader, Karen Beaman has more than 25 years experience in information systems and human resource management. Before founding Jeitosa, Karen built two highly-regarded consulting businesses: AGConsulting Eastern Region and ADP Professional Services Europe. She is Editor-in-Chief of the IHRIM Journal and has edited four industry-focused books. Karen is credited for helping to set the strategy for Workday’s new global HCM offering. In 2002, she was honored with IHRIM’s Summit Award recognizing her outstanding achievement in the field of HR systems.

Registration Link: Click here

LIVONIA, Michigan – February 2, 2012 – WorkForce Software, the leading provider of workforce management solutions for organizations with complex labor policies and stringent compliance demands, today announced that it has partnered with Patersons, a leader in cloud-based global payroll delivery to clients in more than 160 countries. Under the terms of the agreement, WorkForce Software has developed a pre-configured interface between their award-winning EmpCenter suite of workforce management solutions and Patersons’ CloudPay platform. The combined offering empowers employers to fully comply with both national and local wage and hour regulations, reduce the complexity of payroll processes and practices, and gain greater insight into the day-to-day activities of their workforce.

WorkForce Software’s EmpCenter suite delivers a broad array of workforce management capabilities – from ‘traditional’ applications such as time and attendance, employee scheduling and analytics, to more specialized applications focused on absence and leave management, as well as mitigating risks associated with employee fatigue. Through EmpCenter’s flexible architecture and Software-as-a-Service (SaaS) deployment capabilities, WorkForce Software empowers clients to automate 100% of all pay rules and policies solely through configuration – no custom code, no cumbersome manual ‘work-arounds’ – from anywhere in the world.

Patersons’ CloudPay platform is a fully cloud-based global payroll solution that adapts to customer requirements and uses workflow and standardized processes to provide efficient and effective payroll management. A proven solution for multinational firms, CloudPay is trusted by customers in over 160 countries and in 20 different languages across the globe. The solution adheres to ISO27001, SSAE 16 and ISAE 3402 standards, enables permission-based secure Web access to all payroll data, and easily scales to meet the needs of Fortune 2000 companies.

“Patersons and WorkForce Software share a common vision and approach, as well as a unique corporate culture focused on innovation and client success,” stated Kevin Choksi, CEO of WorkForce Software. “Through this strategic alliance, we can deliver access to a more diverse, more complete solution to our international clients.”

“Regardless of where in the world our clients conduct business, stringent regulations and a keen eye on bottom line performance has placed a renewed focus on workforce management and payroll processes,” said Andrew Pearson, CEO of Patersons. “WorkForce Software’s field-proven expertise, combined with their rapidly-growing global client base, makes them an ideal partner for our organization.”

For more information, visit www.workforcesoftware.com or contact us at (877) 493-6723.

About WorkForce Software
WorkForce Software is the leader in workforce management software for organizations with complex policies and compliance concerns. Its EmpCenter® suite enables strategic HR by automating and streamlining interactions between the employer and its workforce, enabling organizations to better manage payroll and processing costs, help ensure compliance with state and federal regulations, and increase the productivity and satisfaction of their employees. The EmpCenter suite is composed of numerous applications aimed at addressing an organization’s end-to-end workforce management needs, including time & attendance, absence management, labor scheduling, labor analytics, and fatigue management. WorkForce Software’s diverse customer base includes large employers such as the University of California, Pacific Gas & Electric Company, Blizzard Entertainment, Duke Energy and BBVA Compass. For more information, visit www.workforcesoftware.com.

About Patersons
Patersons is a leader in cloud-based global payroll delivery providing expert solutions to customers in more than 160 countries. Patersons CloudPay platform combines a global payroll engine, a payroll provider partner network, workflow, analytics and managed services in a secure and compliant service that is delivered using an on-demand, SaaS-based business model. This allows organizations to consolidate and control their multi-national payroll operations using one platform. The results are increased fiscal control, streamlined processes, better visibility, increased compliance, reduced risks and reduced costs. CloudPay customers include Siemens, Education First and Henderson Global Investors. For more information about Patersons, please visit www.patersons.com.

# # #

Note to editors: EmpCenter® is a registered trademark of WorkForce Software in the United States and other countries. All other trademarks are the property of their respective owners.
Copyright © 2012 WorkForce Software

• Collective Bargaining Agreements – About two-thirds of all employees in the European Union are covered by more than 1,000 different collective bargaining agreements. These aim to define specific standards regarding such areas as minimum wages, overtime calculations, holiday entitlements and sickness compensation.
• Sector Agreements – Within an existing collective bargaining agreement, some companies will jointly agree to apply different rules. For instance, some companies will apply the minimum wages established by the collective bargaining agreement, but others will apply other agreed upon minimum wage rules.
• Company Policies – While collective bargaining agreements set up rules for multiple organizations, there are other rules developed at the company level. It is at this level, for example, that working time laws for the individual company are ultimately decided upon and applied.
• Third Parties – In addition to the rules set up by government bodies, collective bargaining groups and companies themselves, payroll must also comply with a number of third parties and their regulations. These include social security, unemployment agencies and pension and other benefit providers.
• TUPE Laws – Transfer of Undertakings (Protection of Employment) laws are designed to protect employees working for companies with a history of mergers and acquisitions, as the merged company and the previously existing companies all have their own individual policies. TUPE also protects employees from being let go during business transfers.
• Pay Slips – Just as in the United States, there are certain items that must be included on employee pay slips. Such required items include gross pay, net pay, amounts and purposes of deductions and method of payment. Additionally, there are different legal requirements for paper versus e-pay slips.

Despite the challenges of understanding such complexities, they are of crucial importance for any company with plans to hire payroll employees in the European market. But such companies don’t have to navigate these confusing laws alone. By partnering with a trusted advisor experienced in the payroll systems of countries in Europe and beyond, like Patersons, organizations can be sure they compensate their employees in accordance with the most complicated regulations.

Unlike other enterprise-wide business processes, payroll is subject to the unique taxes and regulations of each country and region. Thus, it’s impossible for MPOs to create a consistent, one-size-fits-all approach to payroll for each country in which they operate. To manage this problem, MPOs often engage multiple payroll partners for their larger operations and employ accounting firms for smaller teams. Alternately, they might transition payroll to their delivery centers or allow their clients to manage payroll themselves. While this approach might address the week-to-week challenges, having separate entities handling payroll for each location is a compliance risk in the making.

A better option is for MPOs to have a single payroll platform that gives them the visibility, control and flexibility they require. One such solution is Patersons’ SaaS-based model, CloudPay, which provides cost-effective payroll across multiple countries with minimal upfront investment and no costly future upgrades. It is also scalable to be used for both large and small operations in other countries and can be adaptable as organizations grow or shrink. Additionally, Patersons is able to manage local payroll vendors, so MPOs don’t have to invest in recruiting and training employees in their global delivery centers.

Global payroll is not a competency many MPOs have or need. Instead, they can rely on Patersons to take full responsibility and accountability for all payroll functions. As the SaaS model for global payroll becomes increasingly popular, more and more MPOs will leverage the benefits of outsourcing their payroll to a trusted partner, allowing them to focus on what they do best.

1. Labor Legislation – If your company plans on establishing a presence in South Africa, all of your operations will have to comply with the country’s labor legislation.  Many of the rules in the legislation are similar to those of the U.S., in that they are designed to ensure employees are treated fairly by their employers.  The legislation details policies on compensation as well as employees’ rights, working conditions, health and safety, discrimination, unemployment and termination.
2. Statutory Registrations – When onboarding new employees in South Africa,you’ll have to do plenty of record keeping, ensuring that both the organization and each employee is allowed to work in the country.  Employers have to file with the registrar’s office, which grants authority to operate a business in the country.  The company must also register with the South African Revenue Service (SARS), which dictates both employer and employee taxation.All employees must be registered with the Department of Labor as well.
3. Taxation – You’ll also need to make sure all taxation processes are in accordance with government regulations.  In South Africa, anyone earning income must contribute pay-as-you-earn (PAYE) taxes.  It is the employer’s responsibility to ensure these taxes are taken out of their employees’ paychecks each month and paid to SARS.  The PAYE tax rate is based on the amount of income each employee earns.
4. Social Charges and Employee Benefits – Finally, companies hiring workers in South Africa have to be aware of the various social charges and employee benefits for which both employers and employees are required to contribute.  These include contributions toward the Unemployment Insurance Fund (similar to social security), Workmen’s Compensation, medical aid and life insurance.

There can be serious repercussions for companies that don’t follow South Africa’s stringent payroll policies.  As such, companies planning to hire payroll employees in that country can benefit from working with a trusted advisor.  Patersons and its South African payroll partners are well versed in the payroll procedures of South Africa and can help ensure your company complies with all of these rules and regulations.

Source of information: Independent Payroll Services

RALEIGH, N.C. and SALISBURY, U.K. (December 13, 2011) – Patersons, a leader in cloud-based global payroll delivery providing expert solutions to customers in more than 160 countries, today announced that Sheri Sullivan, a seasoned sales leader with more than 11 years of experience in the global payroll industry has joined the company as Vice President, World Wide Sales. In this capacity, she is responsible for managing a global team that provides multi-national organizations with a SaaS-based payroll solution that standardizes processes, ensures compliance and provides the visibility and tools needed to leverage payroll data.

Prior to joining Patersons Global Payroll, Sullivan was Vice President, International Business Development, and CEO of Intercomp Global Services, a privately held company that provided payroll and HR administration services to multi-national companies.  Before that, Sullivan was Director, International at Paychex, the second largest payroll provider in the world.  She served as general manager, successfully opening four regional offices in Germany. She also managed all marketing functions and strategy for a $300 million division of Paychex.  Earlier in her career she was a senior management consultant at The Campos Group where she spearheaded the use of web-based technologies.

Patersons CEO, Andrew Pearson, commented, “Sheri’s substantial expertise in the global payroll arena makes her the ideal professional to address the needs of our clients and prospects while leading our global sales efforts.  Multi-national organizations are comprised of mature and emerging markets and their global payroll requirements are equally diverse. Many organizations are turning to Patersons to reduce their reliance on multiple providers and ensure corporate oversight coupled with local execution.”

At the forefront of the global payroll category, Patersons software-as-a-service based technology platform has been lauded by customers and industry analysts as the preferred alternative to costly legacy ERP systems and multi-vendor outsourced solutions.

Sullivan said, “Market demand for global payroll is significant. As other vendors are trying to address these opportunities through mergers and acquisitions, Patersons Global Payroll already has a proven SaaS solution and is ready to bring clients live now. I’m excited to be part of the team that is defining the next-generation of payroll.”

Sullivan holds an Executive MBA from SUNY at Buffalo where she has been a guest lecturer on International Business topics. She conducted her undergraduate studies at the University of Illinois at Urbana-Champaign. An avid runner who has participated in triathlons, she is located in the U.S.

About Patersons

Patersons is a leader in cloud-based global payroll delivery providing expert solutions to customers in more than 160 countries.  Patersons CloudPay platform combines our global payroll engine, our payroll provider partner network, workflow, analytics and managed services in a secure and compliant service that is delivered using an on-demand, SaaS-based business model.  This allows organizations to consolidate and control their multi-national payroll operations using one platform.  The results are increased fiscal control, streamlined processes, better visibility, increased compliance, reduced risks and reduced costs. For more information about Patersons, please visit www.patersons.com.

Media Contact:

Jeanne Achille
The Devon Group
New York Metro Office: +1 (732) 706-0123, ext. 11
London Office: +44 (0)207 917 1832
jeanne@devonpr.com

NetSuite OneWorld has already established itself as the world’s most deployed cloud-based ERP solution globally for managing the needs of complex, mission-critical business processes. NetSuite’s leadership has been recognized by the 2011 CODiE Award for Best Financial Management Solution, as well as recent Gartner studies that have named NetSuite as one of the fastest growing financial management system vendors in markets across the world. NetSuite OneWorld raises the bar for high-end ERP solutions by addressing user requests, improving performance and introducing sophisticated new features.

Patersons CloudPay platform is a fully multi-tenanted payroll solution that adapts to customer requirements and supports integration with existing on-premise and cloud-based enterprise technologies and solutions.CloudPay uses workflow and standardized processes to provide efficient and effective global payroll management to customers in over 160 countries, and in 20 different languages. It adheres to ISO27001, SSAE 16 and ISAE 3402 standards, enables permission-based secure Web access to all payroll data, and easily scales to meet the needs of Fortune 2000 companies. CloudPay customers include Siemens, Education First and Henderson Global Investors.

“Like NetSuite, Patersons has long been a Cloud visionary and has developed a strong reputation for providing integrated payroll services in the cloud,” said Craig Sullivan, VP & GM, International for NetSuite. “Through the combination of NetSuite OneWorld and CloudPay, global businesses can benefit from higher efficiency, greater visibility and reduced costs across their entire business operation, no matter where in the world that might be.”

Andrew Pearson, CEO of Patersons, commented, “Our focus is on bringing the most comprehensive cloud-based payroll solutions to multi-national organizations. Creating alliances with industry leaders such as NetSuite benefits our mutual customers, opens additional revenue opportunities and is strategic to our company’s growth.”

Additional information about Patersons’ technology partner network is available at: http://www.patersons.com/technology-partners.

About Patersons

Patersons is a leader in cloud-based global payroll delivery providing expert solutions to customers in more than 160 countries.  Patersons CloudPay platform combines our global payroll engine, our payroll provider partner network, workflow, analytics and managed services in a secure and compliant service that is delivered using an on-demand, SaaS-based business model. This allows organizations to consolidate and control their multi-national payroll operations using one platform. The results are increased fiscal control, streamlined processes, better visibility, increased compliance, reduced risks and reduced costs. For more information about Patersons, please visit www.patersons.com.

Media Contact

Jeanne Achille
The Devon Group
New York Metro Office: +1 (732) 706-0123, ext. 11
London Office: +44 (0)207 917 1832
jeanne@devonpr.com

Responsibilities:

• The International Payroll Administrator will process payrolls for MNC’s in one or multiple Asian-Pacific countries
• All aspects of payroll administration such as new hires, resignation, reservist make-up pay claim, compensation worksheet for outward/inward bound expatriate employees, company’s benefit program, CPF returns, Social Security and Tax returns in other Asian countries, etc
• Preparation and processing of monthly payroll of the clients
• Distribution of payroll reports to various business entities
• Assisting in the prepare for customer’s year-end forms and benefits in kinds attachment
• Reconciliation of month-to-month payroll data changes
• Computation and maintenance of other compensation related information
• Update payroll manual as and when on a timely basis
• Back-up as the 1st level for payroll processing

Requirements:

• Minimum GCE A level or Diploma holder with payroll/HR experience
• Good command of English, both written and spoken is compulsory.
• Good command of second language or more, both written and spoken, an added advantage.
• Preferably 3 – 5 yrs experience in a MNC Payroll or payroll service bureau environment
• Experience in payroll processing of other Asian countries is an advantage
• Proficiency in MS Office
• Experience in operating HR and Payroll systems.
• Good interpersonal/team work skills, high level of responsibility and initiative to improve progress
• Some taxation knowledge in relation to payroll for APAC is preferable

Others:

• Start Date : January 2012
• Candidates who are keen to pursue this exciting career opportunity, please send your resume to hr@sg.patersons.net and provide full details.

Apply Here

SSAE 16 was put forth by the Auditing Standards Board (ASB) of the American Institute of Certified Public Accountants in January 2010. The new standard effectively replaces an aging SAS 70 standard as the authoritative guide for reporting on service organizations. SSAE 16 was drafted to mirror and comply with ISAE 3402, an internationally recognized standard that creates a more unified and transparent reporting tool for organizations across the globe.

After an extensive audit, Patersons achieved compliance with both standards, validating the company’s commitment to providing customers with streamlined processes, improved visibility, and secure and accurate global payroll services.

“As companies expand globally, SSAE 16 aims to be an important aspect of maintaining consistency with internationally recognized standards,” commented Andrew Pearson, CEO of Patersons. “Multi-national businesses trust Patersons to effectively manage their sensitive payroll data. Achieving compliance with these standards further underscores our ability to provide customers with secure, consolidated, cloud-based payroll services.”

Patersons’ compliance with SSAE 16 and ISAE 3402 is complimented by the company’s full compliance with the globally recognized ISO 27001 standard, which sets out requirements for securely managing company information. Audit sponsor, ISOQAR completed the company’s most recent audit in September 2011 and conducts Patersons audits on a three-year life-cycle basis as per United Kingdom Accreditation Service (UKAS) recommendations. Compliance with the combined standards demonstrates that Patersons takes information integrity seriously and is committed to keeping data safe.

About Patersons

Patersons is a leader in cloud-based global payroll delivery providing expert solutions to customers in more than 160 countries.  Patersons CloudPay platform combines our global payroll engine, our payroll provider partner network, workflow, analytics and managed services in a secure and compliant service that is delivered using an on-demand, SaaS-based business model.  This allows organizations to consolidate and control their multi-national payroll operations using one platform.  The results are increased fiscal control, streamlined processes, better visibility, increased compliance, reduced risks and reduced costs. For more information about Patersons, please visit www.patersons.com.

Media Contact
Angela Trombatore
The Devon Group
New York Metro Office: +1 (732) 706-0123, ext. 15
London Office: +44 (0)207 917 1832
angela@devonpr.com