What You Need to Know
Location-based salaries have become a contentious topic recently as the global COVID-19 pandemic precipitated mass relocations. However, for human resources (HR) professionals, there is more to this topic than pay equity and differing costs of living. The compliance story becomes exponentially more complicated when varying locations are involved. Tax rates, pay rates, state and local regulations differ, and the list goes on.
This is not just a challenge but a real area of vulnerability for a business with a traveling workforce, as mistakes can have costly and time-consuming consequences. The potential for costly and time-consuming mistakes is high, and payroll managers must be vigilant to protect their employees.
Dayforce in Profile
Dayforce is a global HCM company founded in 2008 with a cloud-based single solution unifying HR, payroll, benefits, workforce management, and talent management functionality into a single solution. As of September 30th, 2023, Dayforce counted 6,346 companies of varying sizes among its clients, with more than six million active employee records. 3Sixty Insights reported in 2022 on Dayforce’s savvy use of acquisitions to expand its footprint and enhance its global payroll and artificial intelligence (AI) capabilities, effectively positioning the vendor as a mature international HCM technology provider.
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