Atlas’ Post

I posted the below during the weekend, but I wanted to be sure my network saw this post. 📢 Exciting Update for Payroll Professionals: Minimum Wage Increases in China, Paraguay, and Chile! These changes represent significant strides towards enhancing living standards and economic well-being worldwide. 📈💼 Stay informed and ensure your payroll processes are up-to-date with these new regulations. Let's continue to support global economic growth and fair wages for all! 🌍💪 #Payroll #GlobalEconomy #FairWages #HR #MinimumWage #PassionForPayroll #GlobalPayroll #InternationalPayroll #PayrollProfessionals Subscribe to PayrollOrg for more resources and educational opportunities. https://lnkd.in/guk5SWx8

Ever heard of earned wage access (EWA)? In short, it promotes financial wellness for employees by giving them access to their earned wages before payday. By helping employees get ahead of their bills and reduce financial stressors, many companies have seen a SIGNIFICANT jump in talent retention. In fact, a recent HR Brew article reports a 41% decrease in employee turnover at companies that offer EWA. Check out this interesting read using the link in the comment below. 👇

Did you know that 79% of workers prefer employers who offer Earned Wage Access? 📈 A survey reveals that 79% of employees are more likely to switch to companies offering Earned Wage Access (EWA). This benefit provides instant access to earned wages, boosting financial flexibility and job satisfaction. Is your company ready to make a difference? Explore how Earned Wage Access can set you apart! https://lnkd.in/gGc3Wtgc #EarnedWageAccess #EmployeeBenefits #TalentAcquisition #HRTrends #PayrollSolutions #EmployeeRetention

📢 Vietnam’s New Minimum Wage Structure 📢 Starting July 1, 2024, Vietnam will implement significant changes to its minimum wage structure, impacting payroll and social insurance contributions across the country. ⭐ What’s Changing? - Increased Statutory Pay Rate: Up from VND 1,800,000 to VND 2,340,000. - Updated Contribution Caps: - Social Insurance, Health Insurance, Trade Union Fees: Increased from VND 36,000,000 to VND 46,800,000. - Regional Minimum Wages: Adjusted for different regions, impacting unemployment insurance contributions. 🌏 What Does This Mean for Employers? - Update Payroll Systems to align with new rates and caps. - Revise Contracts to reflect the updated figures. - Plan for Budget Impact by anticipating increased costs for social insurance and benefits. #Vietnam #MinimumWage #HR #Payroll #Compliance #EmployeeBenefits #BusinessUpdate Stay informed and proactive to ensure compliance and smooth transitions. For more details, read the full article here:

🌟 Discover Essential Labour Regulations for Effective Payroll Management in Vietnam! We are excited to introduce our new resource: "Payroll Guide for Foreign Companies in Vietnam." This essential guide helps foreign businesses understand the labour regulations and key factors related to employee payroll in Vietnam. This handbook provides a comprehensive overview of important regulations, including taxation requirements, wage standards, working hours, and mandatory contributions. Designed specifically to assist foreign companies, it ensures you manage payroll accurately while fully complying with local laws. >> See more of our payroll service: https://lnkd.in/e3k8RwCN. #Reco #payrollVietmam #PayrollGuide #VietnamLabourLaw #ForeignCompanies #PayrollCompliance #HRManagement

From ancient Mesopotamia to the modern workplace, wages have shaped societies and economies across eras. Look at how salaries evolved—from bartering goods to structured pay systems that drive today’s industries. 📜 👉 Read more about the history of salaries: 👇 https://lnkd.in/dMHYjjDq 👇 👉 👉 Learn more about Molly HRIS which can help you simplify salary/HR management & payroll. www.himolly.com himolly.com/bookdemo himolly.com/contact-us #SalaryEvolution #HumanResources #workplacehistory

💼 The Impact of the National Living Wage 💼 The national living wage presents unique challenges and opportunities for HR & Reward professionals. Let’s use this shift to create more equitable and motivating reward systems! Here’s how: 🟢 Employee Retention and Satisfaction: Higher wages lead to improved morale and reduced turnover, essential for a stable workforce. 🟢 Attracting Talent: Competitive wages are key to attracting top talent and enhancing our employer brand. 🟢 Cost Management: Balancing increased wage expenses with budget constraints requires strategic planning and innovative compensation structures. 🟢 Pay Equity: Ensuring compliance with wage laws and maintaining pay equity across the organisation is crucial for trust and transparency. 🟢 Total Rewards Strategy: Integrating non-monetary benefits and development opportunities can maximise the effectiveness of total compensation packages. 🟢 Impact on Small Businesses: Smaller firms need creative solutions, like flexible benefits and efficiency improvements, to manage higher wage impacts. How is your organisation adapting? #RewardProfessionals #NationalLivingWage #CompensationStrategy #EmployeeRetention #PayEquity #TotalRewards

As we step into 2025, we want to take a moment to celebrate the highlights of the past year with our 'Top 5 Hottest LinkedIn Posts from 2024' series. 🎉 💫 It’s been a year full of inspiring ideas and insightful conversations that resonated deeply with our amazing community. 5️⃣ Let’s start with number five: Top 10 most complex payroll countries 2024. And the title goes to… France! Ask a global payroll professional which payroll country causes most compliance headaches and problems, and the answer will probably be ‘France’. 😬 When it comes to payroll complexity, the French Republic remains the undefeated winner. A highly complex social security system, strong national labor unions, a multitude of collective bargaining agreements, a high number of required fields for payroll reporting… and the list goes on. 💸 But France is not the only European country that gives payrollers a hard time. According to the findings of the latest Global Payroll Complexity Index (GPCI), Europe remains the most complex payroll region in the world, with the Top 10 most complex payroll countries being: 1. France 2. Germany 3. Switzerland 4. Italy 5. Canada 6. Poland 7. Turkey 8. Netherlands 9. Belgium 10. Slovakia Curious to know why these countries rank top of the list when it comes to payroll complexity? Check out the detailed article on our Lano Blog. 👉 https://lnkd.in/e7bBzCjY #lano #payrollcomplexity #globalpayroll #payroll

🔍 𝗦𝘁𝗮𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝗱 𝗼𝗻 𝗩𝗶𝗲𝘁𝗻𝗮𝗺’𝘀 𝟮𝟬𝟮𝟰 𝗠𝗶𝗻𝗶𝗺𝘂𝗺 𝗪𝗮𝗴𝗲 𝗜𝗻𝗰𝗿𝗲𝗮𝘀𝗲! The Vietnamese government has announced a 𝟲% 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲 in the minimum wage for 2024, impacting millions of workers nationwide. This adjustment raises monthly wages by up to 𝟮𝟴𝟬,𝟬𝟬𝟬 𝗩𝗡𝗗, depending on the region. Our latest blog breaks down these new wage rates, covering what they mean for businesses operating in Vietnam. Discover how these changes impact your payroll planning and HR strategies. Don’t miss out on crucial insights to help you stay competitive in Vietnam’s dynamic labor market! 👉 𝗥𝗲𝗮𝗱 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗮𝗿𝘁𝗶𝗰𝗹𝗲 𝗵𝗲𝗿𝗲: https://lnkd.in/gnwvnx6M #InCorpVietnam #VietnamBusinessSetup #APACRegion #BusinessExpansion #MinimumWage2024 #HRInsights #PayrollPlanning #BusinessUpdate #HRCompliance Schedule a free consultation with our Vietnam market entry consultants at: 🌐 vietnam.incorp.asia 📧 vietnam@incorp.asia 📞 +84 28 353 50 019 or WhatsApp us at wa.me/84854150019

📢 𝗞𝗲𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝘀 𝗼𝗻 𝗩𝗶𝗲𝘁𝗻𝗮𝗺’𝘀 𝟮𝟬𝟮𝟱 𝗠𝗶𝗻𝗶𝗺𝘂𝗺 𝗪𝗮𝗴𝗲 𝗜𝗻𝗰𝗿𝗲𝗮𝘀𝗲! 📢 The Vietnamese government has confirmed a 𝟲% 𝗵𝗶𝗸𝗲 in the minimum wage for 2025, impacting workers and employers nationwide. This adjustment will raise monthly wages by 𝘂𝗽 𝘁𝗼 𝟮𝟴𝟬,𝟬𝟬𝟬 𝗩𝗡𝗗, varying by region. Our latest blog unpacks the implications of this wage increase, providing insights on how it could influence business operations, payroll, and HR strategies in Vietnam. 👉 𝗥𝗲𝗮𝗱 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗮𝗿𝘁𝗶𝗰𝗹𝗲 𝗵𝗲𝗿𝗲: https://lnkd.in/gnwvnx6M #InCorpVietnam #VietnamBusinessSetup #APACRegion #BusinessExpansion #MinimumWage2025 #HRInsights #PayrollPlanning #BusinessUpdate #HRCompliance Schedule a free consultation with our Vietnam market entry consultants at: 🌐 vietnam.incorp.asia 📧 vietnam@incorp.asia 📞 +84 28 353 50 019