Global Payroll & Outsourcing Archives | Novative

4 Strategic Advantages of Global Hiring

Heba Bakr — Tue, 16 Jan 2024 14:36:44 +0000

Introduction : 4 Strategic Advantages of Global Hiring

Global hiring has evolved beyond merely expanding access to a larger talent pool; it has become a strategic imperative for businesses seeking qualitative advantages. The European Union and European Free Trade Association alone boast a workforce of over 45 million individuals employed by multinational companies, underscoring the pivotal role of a comprehensive recruitment strategy.

In this article, we will explore the benefits of hiring globally and how it can be a game-changer for your business.

#1 Extend Operational Hours

Strategically distributing team members across different time zones enables extended customer support, smoother project handovers, and faster turnround times. Essentially, any sector dependent on swift responses and continuous service delivery can gain a significant competitive advantage from a globally distributed team.

This approach keeps the team agile and responsive in a dynamic and fast-paced global landscape

#2 Labour Cost Optimisation

Whole Lower wages may drive companies to hire internationally, Achieving real cost reduction requires a deep understanding of the overall financial landscape, including benefits and payroll taxes.

Customising your payroll strategy is key to cost savings. Partnering with a global payroll provider is the most effective way, providing flexibility to tailor processes, align with your needs, and maintain efficiency. This strategic alignment enhances international operations management, improving overall financial performance.

#3 Elevatd Brand Image

Global hiring enhances your brand image and transforms it into a symbol of innovation and resilience. By showcasing a strong commitment to diversity and global collaboration, you attract top talent and inspire customer trust.

This positions your organisation as a dynamic, global player and showcases your ability to adapt and thrive in different markets.

#4 Easier Market Expansion

By hiring employees from different countries, you gain valuable insights into local cultures, preferences, and trends. It also opens doors to strategic collaborations and investments, fueling your business growth on a global scale.

For instance, a North American company can expand into Asian markets by hiring diverse local employees, gaining insights, fostering collaborations, and ensuring successful global growth.

Conclusion | 4 Strategic Advantages of Global Hiring

While adopting a global hiring strategy brings transformative benefits, it’s crucial to acknowledge the complexities of international expansion. The lack of legal entities poses implementation challenges, necessitating a knowledgeable partner for compliance with local laws.

So you need to choose a trusted provider that ensures a smooth transition into new markets, addressing legal and regulatory hurdles with precision.

Take global hiring steps with confidence, knowing that Novative is committed to optimising your global hiring strategy and facilitating sustainable growth. Take the next step towards international success – partner with Novative today.

Ready to expand your business globally

The post 4 Strategic Advantages of Global Hiring appeared first on Novative.

2023 Global HR & Payroll: Trends, Challenges and Opportunities

Ahmed Khaleel — Mon, 30 Jan 2023 09:42:39 +0000

Payroll trends 2023

Introduction - Payroll Trends 2023

Human Resources and Payroll management are a critical aspect of every business. Companies are in the middle of HR and payroll transformation is dominated by many factors. FinancesOnline research identifies salary and benefits as the most potent driver that draws 58% of employees toward potential employers. Businesses and HR managers must stay current on these changes to stay relevant in today’s fierce competition. Start now by reading this blog to stay ahead of the key trends that will shape payroll and HR in 2023.

Introduction - Payroll Trends 2023

#1 More Investment In AI-based Payroll Software

One of the biggest payroll trends for 2023 is the use of artificial intelligence. An intelligent payroll solution powered by AI and machine learning can help anticipate employees’ needs and expectations and boost efficiency. Artificial intelligence steers automation and allows HR professionals to focus on core business jobs that call for human intervention.

Compliance is a significant benefit of AI-based tools. Payroll regulations frequently change due to constant market fluctuations, unstable economies, recessions, and other factors. AI enables the Payroll Software to automatically update the rules and ensure compliance.

Our Nova Smart NG smart HRIS uses AI to optimise HR and payroll management. Repetitive tasks are entirely automated, and all the collected data are used to support the decision making.

#1 More Investment In AI-based Payroll Software

Our Nova Smart NG smart HRIS uses AI to optimise HR and payroll management. Repetitive tasks are entirely automated, and all the collected data are used to support the decision making.

#1 More Investment In AI-based Payroll Software

One of the biggest payroll trends for 2023 is the use of artificial intelligence. An intelligent payroll solution powered by AI and machine learning can help anticipate employees’ needs and expectations and boost efficiency. Artificial intelligence steers automation and allows HR professionals to focus on core business jobs that call for human intervention.

Our Nova Smart NG smart HRIS uses AI to optimise HR and payroll management. Repetitive tasks are entirely automated, and all the collected data are used to support the decision making.

#2 The move Towards Cloud-based Payroll

In 2023, moving out of in-house payroll systems towards a global payroll system is a more common need for many businesses. Cloud-based solutions answer this challenge and present an effective solution to handle hybrid working, remote working and a dispersed workforce. Cloud capabilities allow for flexibility and scalability and enhance employee support.

The state-of-the-art security protocols ensure data security and prevent unauthorised access and breaches. Cloud-enabled Payroll Management facilitates safe and agile payroll transactions across multiple states with complete adherence to local regulations.

Novative's global payroll outsourcing service leverages the capabilities of our advanced HRIS. It centralises and secures all company and country-specific data for easy access.

#2 The move Towards Cloud-based Payroll

Novative's global payroll outsourcing service leverages the capabilities of our advanced HRIS. It centralises and secures all company and country-specific data for easy access.

#2 The move Towards Cloud-based Payroll

Novative's global payroll outsourcing service leverages the capabilities of our advanced HRIS. It centralises and secures all company and country-specific data for easy access.

#3 Need For A Comprehensive Payroll Solution

Standalone payroll, talent acquisition, and HR solutions are being made redundant. Today, businesses seek all-inclusive software with tools for all HR processes.

For Payroll Outsourcing, businesses will prefer service providers that can deliver an intuitive solution that serves through all employee lifecycle stages. The future will have user-friendly self-service software that provides an all-in-one solution or integrates with a full-suite HCM.

#3 Need For A Comprehensive Payroll Solution

Standalone payroll, talent acquisition, and HR solutions are being made redundant. Today, businesses seek all-inclusive software with tools for all HR processes.

#3 Need For A Comprehensive Payroll Solution

Standalone payroll, talent acquisition, and HR solutions are being made redundant. Today, businesses seek all-inclusive software with tools for all HR processes.

#4 Flexible Payments and Crypto Currency

The rise of non-traditional working models is a powerful impetus for flexible payment options. The current workforce requires diverse compensation management to be a part of a comprehensive Payroll Solution.

Companies are open to going beyond direct deposits and standard paper checks to pay their employees. Some even allow their workers to manage their payments.

Another dimension of payment flexibility is the emergence of cryptocurrency. Over 39% of American adults showed the will to use Bitcoin for transactions and purchases, says Statista.

With increasing popularity, it is imperative to innovate Payroll Solutions that allow compensation via digital currencies. Future Payroll Software will manage regulation disparity, automate crypto payments, and ensure compliance.

#4 Flexible Payments and Crypto Currency

Companies are open to going beyond direct deposits and standard paper checks to pay their employees. Some even allow their workers to manage their payments.

Another dimension of payment flexibility is the emergence of cryptocurrency. Over 39% of American adults showed the will to use Bitcoin for transactions and purchases, says Statista.

#4 Flexible Payments and Crypto Currency

Companies are open to going beyond direct deposits and standard paper checks to pay their employees. Some even allow their workers to manage their payments.

Another dimension of payment flexibility is the emergence of cryptocurrency. Over 39% of American adults showed the will to use Bitcoin for transactions and purchases, says Statista.

#5 The power of and agile Payroll Software

While trends focus on the shift in technology and working model, increased software adoption is a mindset shift. It defines the change in how businesses perceive Payroll Software and what they are looking for in them.

Moving ahead of functionalities, businesses also view infrastructure and vendor support during Payroll Outsourcing. Features like database centralization, multi-platform collaboration, convenience, and support network to transition to the new solution are core considerations.

#5 The power of and agile Payroll Software

#5 The Power of and Agile Payroll Software

Conclusion - Payroll Trends 2023

The HR and payroll industry is undergoing a transformation driven by various factors. Businesses must stay current on these changes to remain competitive in today’s market. The use of AI-based payroll software and cloud-based solutions are becoming increasingly popular, as they offer automation, compliance, and flexibility. Businesses are also looking for comprehensive payroll solutions that cover all HR processes, and offer flexible payment options, including cryptocurrency. Are you ready to adapt?

Conclusion - Payroll Trends 2023

Conclusion - Payroll trends 2023

Ready to expand your business globally?

Pay your employees all over the world with complete peace of mind!

The post 2023 Global HR & Payroll: Trends, Challenges and Opportunities appeared first on Novative.

The Ultimate Guide to Choose the Right Global Payroll Provider

Ahmed Khaleel — Wed, 09 Nov 2022 11:25:02 +0000

Summary

What are Global Payroll Outsourcing Services?

What can lead you to outsource your global payroll management?

The top considerations when choosing a global payroll provider.

Summary

What are Global Payroll Outsourcing Services?

What can lead you to outsource your global payroll management?

The top considerations when choosing a global payroll provider.

Summary

What are Global Payroll Outsourcing Services?

What can lead you to outsource your global payroll management?

The top considerations when choosing a global payroll provider.

Payroll is one of the most critical functions in every organisation. When it comes to payroll, there is no room for error. Payroll must always be completed accurately and on time.

Recently, technology has revolutionised the business environment. The world has turned into a small village where hiring international workers is now quick and easy.

However, companies realise that adhering to local laws and legislation gets harder, more expensive, and more time-consuming as they enter new international markets.

That is why many of them are turning to global payroll providers to comply with local regulations. But how to choose the right provider? What are the top considerations before making a decision? These are the questions we answer in this article.

What are Global Payroll Outsourcing Services?

Global payroll outsourcing services manage payment for your employees globally.

Global payroll services are not only about the payroll calculation; it goes beyond that. It can also include benefits administration, tax filing, compliance, and many other tasks.

A reliable global provider offers country-specific knowledge to help you hire like a local & manage employees and contractor payments globally.

Working with a global service provider gives you peace of mind knowing that you have the right tools to accurately pay your employees and taxes on time.

On the legal side, a global payroll service provider helps organisations to stay compliant with local & international labour laws. A reliable global payroll provider knows the ins & outs of local laws wherever you hire.

According to Statista, 12% of companies fully outsourced their payroll in 2019 compared to eight percent in 2015.

What can lead you to outsource your global payroll management?

1 - You Want to Gain Expert Tax Support

As an employer, you may not be aware of an employee’s country’s rules and regulations in terms of payroll. That’s why it is important to have an expert tax supporter who will help you to stay up to date with the employment laws, especially if you hire internationally.

Global payroll providers generally use an in country payroll software to automate tax calculations, withholding, and filings. These tools allow them to consider a complete set of rules related to payroll in different countries and to apply them to the calculation. The payroll systems are updated regularly to ensure compliance with legislative changes. Global payroll providers can also be liable for any fine or penalty you suffer if an error occurs that was within their control.

1 - You Want to Gain Expert Tax Support

2 - You don't have the necessary resources in-house

Running payroll internally requires dedicated resources, including time and staff. If your company is hiring internationally, the necessary resources to conduct payroll can double, triple or even quadruple. You will need payroll experts in the countries you hire to ensure compliance.

A payroll partner takes care of all tasks related to employee payroll, tax payments and legislative expertise. A global payroll partner takes care of these same tasks for each country you hire from. This not only saves you time, but also ensures centralised and organised payroll management for your international employees. By freeing up this time, you can focus on more strategic functions.

3- You are looking for greater security

Global payroll providers are companies that invest in state-of-the-art technology and provide redundant data storage* and multiple server locations. The security of confidential data is a priority for these companies.

Therefore, outsourcing payroll can mitigate the risks of falling victim to phishing attacks. Payroll providers provide security by limiting access to data to authorized users only to prevent the disclosure of sensitive information. They typically use firewalls, Domain Name System filtering (DNS), anti-phishing, spam, and virus prevention technology.

* In a nutshell, redundant data storage provides a real-time fail-safe against hard drive failure rather than an actual backup of your data or in other words, storing the same data in more than one place. The idea is that the other hard drives in the array can immediately kick in and save the day without any downtime.

4- You wish to save money

In the long term, outsourcing payroll may be more economical. Payroll outsourcing saves you money because you do not have to pay for staff training, error correction, or being kept up to date with local, state, national changes to tax codes and other legislative concerns that affect your internal payroll processes.

Companies that outsource payroll save 18% more than those that manage it internally, according to PWC.

Top considerations before choosing a global payroll provider

1 - Data Protection

When working with sensitive data such as confidential personal information, contact details, bank accounts and salaries, security must be the no.1 concern.

You may worry about giving someone access to sensitive employee information. This is a natural fear. That’s why you should look for a provider that makes the security of your data a priority.

An excellent payroll service provider should be able to provide simple access to your payroll data without sacrificing crucial security. Important payroll information must be stored on protected servers and have a physical backup station for emergencies.

Be sure that the payroll service vendor provides security in terms of confidentiality, integrity, and availability of the information recognised as critical to the operation and administration of the provider.

Before selecting your future global payroll provider, make sure that the provider scrupulously respects the data protection laws in each country where it operates (such as the GDPR in Europe). Another good indicator of data protection is compliance with certain standards such as ISO 27001. This compliance means that the provider has undergone a rigorous auditing process validating their payroll data protection. The ISO standard also represents a commitment to continuous security improvement.

2 - Tax Compliance Management

70 percent of business owners in the study, “The State of Small Business Cash Flow,” said that they have had HR questions or problems they did not know how to handle.

Quickbooks

Tax regulations are changing constantly, and these regulations differ greatly from one country to another. There is no such thing as a one-size-fits-all solution.

That is why it is essential to work with a global payroll provider that has a tax compliance department to help handle these adjustments. A tax compliance team updates your payroll tax tables annually after your conversion is finished and assists you with year-end processing.

A good global payroll provider has experts in tax support in every country it operates. This team oversees checking your data to avoid potential errors on payroll and taxes.

3- Multiple Language Offers

By its very nature, global payroll involves several cultures, nations, and languages. While expecting your payroll teams to speak many languages is hard to achieve, you can anticipate that your global payroll provider will.

Also, having global payroll software with multiple languages will help the users to switch to the language they prefer. This means that each person can choose their favourite language in a shared service center. This way, two persons could be using the platform in the same section, one in French and the other in Arabic for example.

4- Consolidated Global Payroll

Different payroll providers will offer different HRIS to store your country & payroll data. This means that you must manually piece together the data from multiple systems. Having several payroll partners increases the risk of error and is time-consuming as you must switch from one to another to retrieve your payroll data. Additionally, because of the various systems, it is hard to compare data between the different countries.

With only one global payroll provider, these issues will be eliminated since you will have one payroll platform for all your subsidiaries worldwide. One place, one system to securely store your data. You will also access your data easily, gain data insights and be able to compare each payroll and this allows you to easily access your data, gain data insights & compare each subsidiary with the other.

5- Clear View of Workforce Spending

When companies grow & start expanding overseas, they must adopt the salary standards of these different countries. This means a business will hire people at various salary levels and with various benefit plans. Keeping track of the differences is challenging for businesses. If the company expands in different countries, the business will need a single and unified view of all spending to make sure its resources are being used effectively.

When choosing a global payroll provider to outsource the payroll process, you need to make sure that you can easily control costs. Check that your business can manage and oversee only one single invoice with all the payroll costs with no hidden fees.

6- User-friendly interface

A global payroll provider will supply clients with a secure platform on which payroll data is reported for each cycle. The ease of use of this platform is an essential criteria to consider when choosing the right provider.

Make sure that your future global payroll partner can provide you with a clear reporting interface that will make it simple for you to understand the insights and key performance indicators behind your payroll processing.

Learn and know what the provider’s core features are, and whether the management reporting dashboard is user-friendly and suitable for your company’s needs. Another feature to consider is ESS – employee self-service – which can be useful for employees if they need to access or modify their personal information.

7- Payment Methods

With the continuous changes that happen in the world, a lot of introductions of new payment methods have come out. Although SWIFT payments have always been a great option, they are now outdated. Nowadays, there are a lot of vendors that provide quick international payments in the currency of your choice.

If your global payroll supplier can provide you with different and new payment options, it is worthwhile to partner with.

8- Customer Support

The quality of the customer services offered should be considered when choosing a provider.

Customer support is offered by all payroll outsourcing companies; however, the manner and timing of their delivery can differ.

That is why there are some questions to ask while you are determining the level of support offered by a payroll provider, such as:

What credentials do the payroll support staff hold?
How do they provide support? Via phone, email, chat, or pre-recorded tutorials?
Do they provide a dedicated account manager?
How much time does it take to respond to a request?
Does their SLA (Service Level Agreement) fit the needs of your company?

Think about your needs and seek out a payroll provider whose service philosophy matches your business requirements and needs.

The importance of choosing the right global payroll provider cannot be ignored. Finding the ideal partner can help you expand your business globally by ensuring that you are in compliance with the tax and payroll regulations in foreign markets.

Making sure you’re choosing the right global payroll provider whose features include data security, employee experience, easy integration with existing tools and scalability to future growth will ease your business to grow globally.

Learn more about our global payroll services

The post The Ultimate Guide to Choose the Right Global Payroll Provider appeared first on Novative.

International Recruitment | All You Need to Know

Patricia Maniscalco — Thu, 28 Jul 2022 13:15:34 +0000

Have you read our latest blog post which gives 4 good reasons to hire international workers? Are you convinced? Ready to get started? Not so fast! Before you get started, there are a few things to check to avoid falling into the pitfalls of international recruitment. Here’s everything you need to know if you’re going into international recruitment

#1 - Know the market

Before posting your job offer, you should do a quick analysis of the job market situation where you want to recruit. Here are some questions to answer:

Is the market tight?

Depending on the country or region, the labor market can be tight. A labour market is said to be tight if there are more job vacancies than available workers. This happened in Japan, in May 2020, the ratio of job vacancies to applicants was 1.2 according to the figures from the Japanese Ministry of Health, Labor and Welfare. It is important to analyse the level of tension in the labour market to adapt your recruitment methods. In a tight market, you will have to work harder to convince candidates to join you. On the other hand, in a “loose” labour market, you will spend more time sorting through the applications.

What skills am I looking to prioritize?

Before taking the first step in your international recruiting process, ask yourself what skills are you looking for the most. This will make it easier for you to find countries where workers are known for the skills you are seeking. Once you have done this, you can research schools, companies, and innovation projects in each country to target your recruitment.

What are the most common recruitment practices?

Recruitment practices and methods vary from country to country. Once you’ve identified the country, you’re willing to recruit in, learn more about these practices. Is it better to recruit through a local agency? Which job boards are most commonly used? Are there any hiring regulations or non-discriminatory practices? This will help you to be compliant but also to stick to the market expectations.

Our advice: once you have defined the country where you want to recruit, ask a local expert to advise you on the best local recruitment methods.

#2 Do you have to establish an entity or not?

In some countries, it is mandatory to create a legal entity to conduct business and pay employees. This is an essential element to take into account. Creating an entity can be time consuming and more complex than you think. You will also need to choose a business structure that fits your business in the specific country.

In those countries where it is not necessary to set up an entity to do business, however, it is best to work with a local representative. This expert can help you open a bank account or liaise with the authorities.

#3 Ensure compliance

Compliance is your number one priority if you do business internationally. Each country has its own laws regarding employment, taxation, pensions and benefits.

Before recruiting, make sure you know all of the legal and mandatory benefits to be provided in the country as well as those that are usually granted to employees to remain competitive. These benefits include annual leave, national holidays, sick leave and parental leave. In some countries, it is mandatory or common to pay for transportation, health insurance or meals. Some collective agreements may require even more benefits for employees.

Here are some examples:

In France, since 2016, all private sector employers are required to provide a group health insurance plan for their employees. They must also participate in at least 50% of the costs of the contributions.

In the Netherlands, in addition to the minimum 20 days of paid vacation, every employee is entitled to a vacation bonus or “vakantiegeld”.

You should also be aware of local laws regulating employment and hiring. There may be certain anti-discrimination practices that must be followed, for example. You may also have to structure the work week differently for the employee based on the legal work week or time difference. In Egypt, for example, the work week runs from Sunday to Friday.

In terms of hiring practices, you must also consider everything related to contracts, trial periods, social protections or dismissals. In Europe, employees are more protected than in the United States where employees are considered “at-will”. At-will means that both the employee and the employer can terminate the employment relationship at any time. In many European countries, a certain number of documents must be provided to the employee when they leave the company.

Our advice: consult with legal professionals in the country to ensure that you comply with all employment laws. Breaking the law can expose you to fines or legal action.

#4 Be aware of all payroll rules

Compliance also means ensuring payroll accuracy. From one country to another, rules, contributions, tax rates… can be much different.

As a first step, make sure you know the minimum wage and the salary scales for the position you are offering. The scale varies according to the experience and qualifications you are expecting. You also need to know the regulations under potential collective agreements or overtime pay requirements.

You also need to know from the beginning in what currency you want to pay your employees in order to take into account the exchange rate.

Beyond salary, you need to understand the rules regarding compensation. Some countries require a 13th month bonus or profit sharing. Other countries do not impose this but it is customary.

Finally, it is necessary to have local payroll expertise. You will need to know the income tax scales, the specificities according to the employee’s plan, the social security contribution rates, and the pension plan…

Our advice: if you do not have the local expertise in-house, outsource your payroll to an external service provider. A global payroll service provider will have the local expertise and knowledge of payroll, thus ensuring full compliance.

#5 Embrace cultural differences

When recruiting internationally, it is important not to rely on the cultural considerations of your country. On the contrary, you should take the time to learn about the culture of your target country. Some cultural factors can have an impact on recruitment practices. In Anglo-Saxon countries, the resume can be up to 5 pages long, for example.

Cultural factors will also have an impact on company cultures. From one country to another, the professional world can be very different. The Netherlands and China, for example, have two completely different corporate cultures. The Chinese corporate culture is rather authoritarian and collective, while the Dutch corporate culture is rather participative and individualistic. China has a long-term approach whereas the Netherlands has a rather short-term approach.

Recruiting internationally means that you are ready to manage a multicultural team. We will come back to this very soon in an article dedicated to multicultural management.

#6 Anticipate remote recruitment & onboarding

In most cases, if you are recruiting abroad, you are doing so remotely. This is another challenge to overcome.

The trick to recruiting remotely is to have the right tools that will make it easier to collect applications, follow up and conduct interviews. We advise you to opt for a smart HR software that will allow you to sort applications according to specific criteria. Also invest in a collaborative work platform and/or a video conferencing tool such as Teams or Zoom.

For onboarding, set up a specific program for your new recruits. You will have to be even more available and listen carefully to ensure a good understanding of your company’s missions and values. Do not hesitate to create documents that can be consulted at any time by new employees. Onboarding a new remote employee requires a different perspective than traditional onboarding. Even the best recruits can get lost if they are not properly onboarded. Need some help? Here is our checklist for a successful virtual onboarding!

Did you check all the boxes? Then you’re ready for international recruitment. Follow our upcoming blog posts. You’ll find tips and strategies for international recruitment, multicultural management and many other tips and tricks!

The post International Recruitment | All You Need to Know appeared first on Novative.

4 good reasons to hire international workers

Patricia Maniscalco — Fri, 01 Jul 2022 08:35:08 +0000

Hiring international workers is an opportunity to create multicultural teams where trust, sharing and creativity reign. The pandemic and the massive use of remote working allowed companies to open up the field of possibilities by expanding their recruitment to the entire world.

According to a PYMNTS study, 60% of executives surveyed said their companies increased their hiring of international workers between 2020 and 2021. In comparison, between 2019 and 2020, only 42% of executives reported this increase.

Are you still hesitating? Let us convince you with 4 good reasons to hire international workers!

Reason #1: You access a much bigger talent pool & key skills

You are in charge of recruitment, and you are looking for the rare gem. Imagine having the opportunity to get in touch with many different profiles with key skills & great experience. That’s what international recruitment is all about.

Specific skills, experience, new ways of thinking about the professional world… A candidate who lives or comes from another country will bring you a new point of view and sometimes even a completely different way of doing things that you would not have even considered.

This new and different vision will have a positive and long-term impact on your organisation. It will challenge your existing processes and allow you to question or make positive changes for better results.

Not to mention, companies that promote diversity and inclusion are more likely to attract the most qualified and requested candidates. If you’re looking for key, in-demand skills, your company will be more attractive if it has people from all over the world in its workforce. In the context of a talent war, any additional strings to your bow are welcome.

Reason #2: Hiring international workers to enter new markets

Your company is growing and you want to explore international markets? Your employees will be your best allies. An employee who has local knowledge of the market you want to enter is the key to your success.

They will have a better understanding of the target market’s needs, will be able to communicate effectively and give valuable advice to the sales and marketing teams.

Adapting the communication to the specificities of a country or a region is essential to reach the core target. You don’t communicate the same way to an English audience as to an American one, even if the language is the same.

Hiring international workers shows that your company is ready to offer its services or products to customers around the world.

Reason #3: A multicultural team is a happy team

A multicultural team is a happy team.

The diversity of viewpoints stimulates creativity within the team. Members of a multicultural team will challenge and learn from each other more.

It is also very positive for team cohesion. Each employee will share experiences, knowledge, anecdotes or cultural specificities.

A multicultural team is also a multilingual team. Your company will benefit from a linguistic and cultural diversity that is very valuable if you have an international presence (see reason #3). It is also an opportunity for employees to learn a new language or to share their language differences.

The Novative team is multicultural. We often compare our expressions in our native language and laugh about it. It is a privileged moment of sharing for our team

Diversity helps create a work environment where employees can express themselves freely and are encouraged to contribute. One study showed that inclusive teams make better business decisions 87% of the time.

Reason #4: You boost your company’s productivity

A company that is open to diversity, inclusion and multiculturalism has the reputation of being a more socially and humanely responsible company. A good reputation and a strong employer brand are undeniable assets to attract the best talent. It also benefits your sales as consumers are more and more interested into brands that share strong values.

International recruiting has become more prevalent with the rise remote working. Research has shown that employees who work remotely are more productive. A global, digital team is present across multiple time zones. This ensures that you are productive and available at any time of the day, anywhere in the world.

Multicultural and inclusive work environments have been shown to be more favorable to decision making and initiative than work environments composed of similar people.

Are you convinced? Now is the time to start hiring international workers!

But you need to make sure you are well prepared. Follow our upcoming blog posts. You’ll find tips and strategies for international recruitment, a checklist of things to consider when recruiting abroad and tips for managing a multicultural team.

The post 4 good reasons to hire international workers appeared first on Novative.

APA Virtual Congress & Expo 2021 | We All Love Payroll

Patricia Maniscalco — Mon, 19 Jul 2021 11:36:30 +0000

APA Virtual Congress & Expo

Last week, Novative joined hundred’s of payroll professional at the APA Virtual Congress. The virtual event offered industry sessions for professionals to bolster their knowledge and career. The two-day event was jammed packed with learning, networking, and competitions.

Novative at the Event

Novative had a virtual booth, presenting our Global Payroll and HR Services, offering industry articles on global payroll, remote working, employee well-being and employee development.

This year we introduced Peggy the Payroll Penguin who was hiding in our booth with clues to our competition. Thank you to everyone who took the time to visit our booth and enter our competition. Big congratulations to the three winners from our prize draw.

Attendees Loved Peggy

“Thanks, it was fun!”

“Thanks Novative for the fun game. Peggy is awesome!”

“Thank You for the fun game and taking us on a tour through your booth and what you have to offer!”

Our Services

Uncomplicated Global Payroll Outsourcing

A powerful all-in-one HR platform

Compliant and efficient HR Outsourcing

We Are Looking to Next Year’s Event Already

We are looking forward to next year’s APA Virtual Congress & Expo!

The post APA Virtual Congress & Expo 2021 | We All Love Payroll appeared first on Novative.

APA Virtual Congress 2021 | Novative Bridging the Global Payroll Gap

Patricia Maniscalco — Tue, 08 Jun 2021 11:01:04 +0000

Industry Event: APA Virtual Congress 2021

NOVATIVE are excited to announce we will be joining Payroll professionals at this year’s APA Virtual Congress, taking place virtually 14th – 15th July 2021.

Do you Love Payroll?

The 2021 Virtual Congress & Expo is an online experience that comes complete with educational workshops, a full-service Expo, and plenty of engaging virtual interaction and networking opportunities with fellow professionals and industry expert service providers.

NOVATIVE at the APA Virtual Congress 2021

This is the first year Novative are exhibiting at Virtual Congress, and we can’t wait! Virtual Congress will be the perfect place to up your payroll skills and network with like-minded people. Novative will be offering our expertise in Global payroll and HR. NOVATIVE is perfectly placed to bridge the payroll gap between the USA and Europe.

If you have any Global payroll and HR challenges, pop by our virtual stand and explore how our services can resolve them.

Our Services

Uncomplicated Global Payroll Outsourcing

A powerful all-in-one HR platform

Compliant and efficient HR Outsourcing

Ways to Connect

Register for the Event Today!

The Virtual Congress is set to be a great virtual event. If you love payroll you need to register for this event and get inspired and motivated with your fellow peers!

The post APA Virtual Congress 2021 | Novative Bridging the Global Payroll Gap appeared first on Novative.

Infographic | Global Payroll Implementation | Australia, Norway & Russia

Patricia Maniscalco — Tue, 27 Apr 2021 06:45:25 +0000

Did you know that in Australia, employees are entitled to 4 weeks of paid leave whereas in Russia, 28 days are allowed?
Check out our full infographic & learn more about the differences in Australia, Norway & Russia.

Discover what you must consider to roll out a Global Payroll Strategy in those countries.

Do you want to learn more about implementation in these countries?

Check out our Global Payroll Page or contact us!

Sources:

The Fair Work Ombudsman 2021: https://www.fairwork.gov.au/employee-entitlements/hours-of-work-breaks-and-rosters/hours-of-work

The Fair Work Ombudsman 2021: https://www.fairwork.gov.au/leave/annual-leave

Busy at work 2021: https://www.busyatwork.com.au/news/chucking-top-industries-sickies-australia/

World Health Organization 2021: https://gateway.euro.who.int/en/indicators/hfa_411-2700-absenteeism-from-work-due-to-illness-days-per-employee-per-year/visualizations/#id=19398

The Norwegian Labour Inspection Authority 2021: https://www.arbeidstilsynet.no/en/working-conditions/working-hours/

The Norwegian Labour Inspection Authority 2021: https://www.arbeidstilsynet.no/en/working-conditions/holiday/

OECD 2021: https://stats.oecd.org/Index.aspx?DataSetCode=ANHRS#

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Infographic | Global Payroll Implementation | Spain, Austria & Hungary

Patricia Maniscalco — Tue, 20 Apr 2021 08:45:24 +0000

Did you know that most payroll implementation documents in Spain, must be translated by a sworn translator?
Check out our full infographic & learn more about the differences in each of the countries Spain, Austria & Hungary.

Do you want to learn more about implementation in these countries?

Check out our Global Payroll Page or contact us!

Sources:

Infographic | Global Payroll Implementation | Germany, UK & Italy

Patricia Maniscalco — Wed, 14 Apr 2021 06:37:30 +0000

Did you know that you can operate in Germany and the UK without having your own legal entity in the country, but not in Italy?

Check out our full infographic & learn more about these countries:

Sources:

Destatis 2021; https://www.destatis.de/DE/Themen/Arbeit/Arbeitsmarkt/Qualitaet-Arbeit/Dimension-2/krankenstand.html

Arbeitsrechte.de 2021; https://www.arbeitsrechte.de/urlaubsanspruch/

Finanztip 2021; https://www.finanztip.de/arbeitszeitgesetz/

UK government 2021; https://www.gov.uk/maximum-weekly-working-hours

UK government 2021; https://www.gov.uk/holiday-entitlement-rights

UK government 2021; https://www.gov.uk/taking-sick-leave

International Labour Organisation 2021; https://www.ilo.org/ifpdial/information-resources/national-labour-law-profiles/WCMS_158903/lang–en/index.htm

The post Infographic | Global Payroll Implementation | Germany, UK & Italy appeared first on Novative.