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Does crypto currency have a role to play in employers’ pay strategies?

Employee Benefits

The growth of digital and micro payments over the next 10 years could see crypto currency become more common in pay strategies, especially for incentive schemes and global payroll. Glenn Cameron, investment consultant at actuarial and pension specialists Cartwright, believes one of the currencies, Bitcoin, will become mainstream.

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FitFlop introduces salary sacrifice nursery scheme

Employee Benefits

Emma Andrews, global payroll and reward specialist at FitFlop, said: “We have partnered with Workplace Nursery to launch the workplace nursery scheme, ultimately saving our employees money on their nursery fees. There is a minimum requirement for nursery fees to be at least £650 per month before participation in the scheme.

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The Pros and Cons of Standalone Overseas Employees in the Remote Work Era

Hppy

Taxation issues and pension complications If the employee is given the nod to work in a country, they have to pay the tax that they owe. Beyond setting all of this up, it can present confusing pension arrangements. For example, they may be required to contribute to a pension system in both their home and host country.

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What innovations have payroll providers delivered in 2022?

LACE Partners

Just as it started to feel like things were on the way back to normal, businesses are once again navigating choppy waters as global economic shocks slow the tentative post-pandemic recovery. In the face of continuing challenges, the complexity of global payroll has remained firmly under the spotlight this year.

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