Search Results for: iris
Payroll Rules in the UAE, Dubai and Abu Dhabi
The economy of the UAE, Dubai, and Abu Dhabi is fuelled by many factors with oil and gas, financial services, real estate, international trade, aviation, and tourism among its chief industries. There is one key element which unites businesses from all these sectors – the requirement to pay staff in line with UAE payroll regulations. […]
Do Employers Need to Pay for Jury Duty?
When an employee is summoned for jury duty, many employers are unclear about their obligation to pay (or not pay) an employee for time spent fulfilling this civic responsibility. Whether it’s understanding federal policy, variations in state policies, or developing jury duty pay protocols within your organization, we’re here to help your business prepare for […]
Best Practices for Managing Global Teams
The success of a global business can hinge on its ability to manage its international workforce. The effective management of global teams is of vital importance to multinational companies and those operating in foreign markets. It even has benefits for businesses based in one country with international remote workers from a diverse range of backgrounds. […]
4 Important Qualifications Needed to File for ERC
Although Employee Retention Credit ended in late 2021, a large number of employers are still eligible to claim the credit retroactively for up to $26,000 per employee. Since Congress passed multiple acts between 2020-2021 that modified ERC eligibility, many employers have lingering questions about which qualifications are required to file for ERC in 2023 and […]
Starting a Nonprofit: Crucial Factors to Consider
Defining Your Nonprofit’s Mission and Vision Whether a nonprofit formulates a mission, vision, values, or purpose statement (or all of the above), the overriding goal is to articulate why the nonprofit exists, the needs it addresses, and for whom (or where) it offers support. Since a nonprofit’s mission and vision statements are frequently used in […]
How to Pay Employees Overseas
When your business decides to make its first steps to expanding overseas and payroll incorporates countries other than your own, paying employees suddenly becomes a much more complex affair. Paying employees overseas can put a considerable strain on your HR and payroll teams, who until now may have only dealt with domestic payroll. Depending on […]
Calculate Pay Periods: A One-Stop Guide For Employers
Understanding pay periods is crucial. Our guide helps employers to calculate weekly, biweekly, semi-monthly, and monthly pay periods to keep your payroll accurate and employees satisfied. Try it today! Knowing how to calculate pay periods and report on your employees’ wages earned can be tricky. In this blog, we take you through the process from […]
Illinois Payroll Tax Guide 2023: Laws, Taxes and more
1. Setting Up Your Business Before registering with the state of Illinois, businesses must have a federal Employment ID Number (EIN) and an account in the Electronic Federal Tax Payment System (EFTPS). How to Apply for an Employer Identification Number (EIN) The application process for EINs is managed by the IRS, To apply digitally, follow […]
Three strategies for a positive corporate culture
Stephanie Coward is Managing Director of Human Capital Management (HCM) at IRIS Software Group. The pandemic gave millions of people the opportunity to dip their toes into an enhanced work-life balance, more time with loved ones, and reduced commuting costs. Over one-third of employed workers were now at home and our mindset of office-based work […]
Five pillars to future proof your accounting firm
James Paille is a Certified Payroll Professional and Director of Compliance for IRIS Software Group Americas. The accounting industry is at the crossroads of change – with ongoing talent shortages as accounting and auditing have seen a 17% workforce reduction over the past several years and technological innovation bringing automation to the profession. As accounting firms […]
A Guide to Hiring Global Independent Contractors
Global independent contractors allow businesses to access new markets, expand into new territories, and develop new products without the need to hire internally. A global independent contractor typically resides in a different country from where the business is based. They likely possess local knowledge of the region and can act as a translator or company […]