We will explore the challenges of multi-country payroll, from tackling cultural issues to handling smaller country populations, including:Solutions Found Here
The sessions at this year’s HRO Today Forum address the top concerns of HR executives.
By Debbie Bolla
Editor’s Note: Challenge Accepted
By Debbie Bolla
Editor-in-Chief
Everyone faces challenges in their roles and HR is no exception. As I read through this month’s issue, three concerns appeared in not just one but multiple stories, suggesting a trio of pressing matters for HR executives across the board.
A Fine Line
There can be expensive fees for unpaid off-the-clock activities under the Fair Labor Standards Act. Knowing what qualifies is the tricky part.
By Erin Daruszka
Employers are increasingly facing class action lawsuits about what is a compensable work-related activity.
On The Agenda
HR executives need to focus on company culture, employee engagement, and better decision-making in the coming year.
By Debbie Bolla
2015 is setting up to be an exciting but challenging year for human capital management—one that will require savvy maneuvering by skilled HR executives in order to attract, engage, and retain what truly makes the workforce thrive: talent. For the last few years, decision-making power has remained with organizations, but as economic confidence gains momentum, the job landscape will become a candidate’s market in the coming year.
Shine On
Our annual roundup of the top leaders in HR.
By The Editors
Each year, the editorial staff of HRO Today culls a list of industry leaders that have demonstrated forward thinking and transformative actions in the field of HR. We understand the power of recognition: Research from McKinsey shows that praise was named a top motivator for performance. This is a good thing because 2015 will certainly have a bevy of challenges for HR with 62 percent of CEOs expecting hiring increases, according to a study from PwC.
All Signs Point to Up
Positive growth in 2014 is likely to continue in 2015 finds analyst firm NelsonHall.
By Amy Gurchensky
If the past is any indicator of the future, then the HR outsourcing market will have a productive upcoming year. 2014 contract activity was up nearly 11 percent year-over- year, with renewals and contract expansions accounting for a quarter of the activity. Mid-market activity remained high and public sector contracts increased year-over-year. This can be seen in several HR outsourcing service lines.
Editor’s Note: Were They Right?
By Debbie Bolla
Executive Editor
December is always one of my favorite issues of the year. We annually challenge industry experts to set predictions for the coming year. This time around it was my turn to put both analysts and HR executives to the test. Looks like HR’s plate is going to be full in 2015. Human capital management leaders will need to execute strategies that improve organizational culture, employee engagement, and retention. Find out more in On the Agenda, page 10.
I always thought it would be interesting—and fun—to have a look back at the previous year’s predictions story and see how the forecast fared at the end of year. 2013’s feature, Full Speed Ahead, captured trends driven by a confluence of talent and technology. Here’s a look at four pairs of predictions and outcomes.
HRO Today 2015 Resource Guide
Multi-Country Contracts Leading the Pack
Why payroll outsourcing continues to thrive.
By Gary Bragar and Liz Rennie
Not only did payroll outsourcing gain new clients during the recession, but 2013 saw payroll outsourcing’s highest growth in six years, led by client demand for multi-country payroll.
In 2013, the payroll outsourcing market increased to $14.8 billion globally, the second largest HRO service next to benefits administration. Payroll looks poised for growth through NelsonHall’s forecast period reaching $17.8 billion by 2018.
Not-So-Hidden Treasure
Today’s global payroll data far exceeds gold coins. Leverage it correctly, and you’ll gain valuable insight on how to manage your workforce.
By Sheri Sullivan
As business continues to become more competitive, organizations look for any advantage they can use to get ahead. One advantage can be found in data. The copious amounts of data organizations create on a daily basis can help them better understand their costs, revenues, and operating processes, and determine where improvements can be made.
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