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Case Study: Central Minnesotan Kensington Bank Reports Success in Implementing and Expanding isolved via Partnership with AssetHR

What You Need to Know Without modern technology for human capital management (HCM) and the advancements in automation it has to offer, HR is unnecessarily inefficient. This inefficiency can be especially pronounced at small organizations, where, typically, nothing at all aside from email, spreadsheets and paper is in place to manage it. It is this inefficiency that usually compels such organizations to seek relief. Here is where many potential pitfalls lurk. Choose the wrong solution, and the organization sets itself up for long-term difficulties in exchange for, possibly, short-term relief. Any organization that finds a trusted partner to help navigate the HCM vendor landscape and choose a capable solution and implement it in a capable way goes a long way in sparing itself future frustration […]

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Case Study: Colt Technology Services Continues to Accrue Efficiencies in Global Payroll with Longtime CloudPay Deployment

What You Need to Know Perhaps nothing defines the first two decades of the 21st century so much as globalization. Well before the COVID-19 pandemic accelerated these trends, we were already seeing unprecedented growth in the number of companies operating worldwide and finding that job markets and workforces were no longer limited by geographical barriers. There are now hundreds of thousands of multinational companies in business, and each one needs a way to pay its employees, wherever they are in the world. In the old days, this meant retaining local service providers in every region where even a single employee was based—the only way to ensure compliance with, for example, regional tax and year-end processing requirements. Aside from the obvious administrative challenges that naturally occur […]

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How Compt became this year’s SHRMLabs Better Workplaces Challenge Cup Winner

Last week, I had the pleasure of attending a fireside chat during the HR Tech Alliances Weekly Town Hall Meetup. Featured was Compt, this year’s SHRMLabs Better Workplaces Challenge Cup Winner. Following is a recap of the event and high-level analysis of Compt. We find ourselves smack-dab in the middle of a Great Resignation. What is it, exactly? Scores of the employed across myriad sectors of industry are reevaluating their work lives and opting to trade in their existing, possibly unsatisfying jobs for new work, elsewhere. It’s a not entirely unexpected outcome of pandemic-related lockdowns that have lasted longer than just about anyone would have wanted. Facing these market forces, how does an employer persuade a workforce to stay or potential staff to join? This […]

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Immedis Guest Blog Article | How the CIO Plays a Critical Role in Bringing Order to Global Payroll

It is not a surprise that getting global payroll right is a mission-critical activity. What might surprise you is that a significant share of the responsibility for ensuring that an organization successfully accomplishes this falls on the CIO. Why? Because much of an organization’s enterprise software ecosystem is tightly entwined with the intricacies of processing global payroll, it causes significant stress across enterprise software infrastructure every pay period. Plus, there are considerable data security and compliance risks for organizations to consider- most of which will come under the CIO’s remit.   However, there are other often-overlooked considerations. The impact on an organization and its people can be stressful too. According to The Workforce Institute at UKG, 49 % of employees will tolerate no more than one mistake or problem with their paycheck before looking for a new job—making the decision to upend their own lives and placing the unwanted pressure of creeping attrition on the employer. Their decision likely stems from the fact that, according to a 2020 survey by the […]

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Infographic: Outsourcing Global Payroll: Getting Ahead on Employee Experience, Data Security, and Compliance

Getting global payroll right is mission-critical, and a significant share of the responsibility for it falls on CIOs, naturally. Absent order for the enterprise software ecosystem touching global payroll, so much can go wrong. This profoundly affects an organization’s people. The infographic here delves into the specifics around outsourcing global payroll—the seven warning signs that you should do, the three major upsides for your organization, and more. Read the full Research Note here: Research Note: Outsourcing Global Payroll: The Impact on Data Security & Compliance. Read the full Research Note here: Research Note: Outsourcing Global Payroll: The Impact on Data Security & Compliance.

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Research Note: Outsourcing Global Payroll: The Impact on Data Security & Compliance

Payroll is a mission-critical activity. Personal fulfillment and career advancement are important, but for most people the main reason they go to work is for a paycheck. Get it wrong, and the ramifications can be swift and bruising. Nearly half (49 percent) of the workforce is willing to tolerate just two problems with their paycheck before beginning a new job search, according to The Workforce Institute at UKG. This is probably because 69 percent of individuals would experience financial difficulty if their paychecks were delayed for a week, according to results from a 2020 survey conducted by the American Payroll Association. It’s a phenomenon other data corroborate. Nearly four-fifths (78 percent) of the workforce lives paycheck-to-paycheck to make ends meet, according to CareerBuilder, whose findings […]

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Case Study: Allianz Global Investors Deploys Ceridian Dayforce to Modernize the Necessities of Employing People

What You Need to Know For well over a decade, employers have been ripping out legacy deployments of software for human capital management in favor of superior, cloud-based solutions delivered via software-as-a-service (SaaS). Providing the impetus for their decision to leave these often on-premises solutions behind is, typically, some combination of factors: the desire to emancipate HCM from pernicious inefficiencies, the business rationale to lower IT-related labor expenditure and eliminate expensive yearly maintenance fees, and more. Modern technology for HCM tends to deliver automation that greatly alleviates the administrative burden associated with the last generation of software for HCM. It is unacceptable today to accept highly manual processes in payroll or anything immediately surrounding it—e.g., the human resource information system (HRIS, a.k.a. core HR), time […]

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