Thursday, May 28, 2020

How to Recruit the Right Global Payroll Manager

How to Recruit the Right Global Payroll Manager When your business expands internationally, so should your payroll… how do you find the right manager to oversee the process? International expansion is always an exciting time for a business, arriving with the promise of new challenges and opportunities just over the horizon. Behind the excitement, however, expansions of any scope should be built on a foundation of administrative and procedural know-how, not least when it comes to the issue of setting up a global payroll and the person you appoint to oversee and manage the process. The significant focus on compliance and regulation associated with global payroll setups means that your global payroll manager will need to have the skills and expertise to shoulder an increased administrative burden. Before you make your appointment, it’s worth taking the time to explore the global payroll landscape What is Global Payroll? Our business landscape is open, inclusive, and global: despite frequent economic turbulence, businesses are finding more and more opportunities to reach across borders, and seize international opportunities. But going global also means creating mobile employee populations who will need to be paid accurately and on time, in a manner compliant with the various legislative obligations of the different territories in which they work. Global payroll is mostly a way of talking about the solution a business finds to manage their compliance obligations while delivering pay to their international employee populations. The answer your business chooses will depend on its situation: while larger companies may be able to handle their global payroll needs in-house, others may decide to engage a global service provider to take advantage of compliance expertise, and the efficiencies of existing infrastructure. Why and When to Appoint a Global Payroll Manager There are plenty of reasons why hiring a global payroll manager is a good idea- not least as a way to alleviate the administrative effort that comes with having to pay a more substantial number of employees. A global payroll manager brings a focus to their business’ payroll solution at a point when its employees may need to concentrate solely on building a new customer base and delivering core products and services. The first few months and years of international expansion are crucial and, while payroll may represent a chore, it’s importance shouldn’t diminish. Global payroll managers oversee the international pay process, guiding policy, examining tax and social security regulations, liaising with senior management, and ensuring other members of the payroll team receive the training and knowledge they need to perform their duties. Global Payroll Skills The modern payroll skillset is diverse: the best payroll officers aren’t just good with numbers and mathematics but are skilled communicators, problem-solvers, and team builders. They need to work with confidence under high pressure, to deliver salaries, keep employees happy, and ensure their employers’ businesses continue to operate successfully. In an international business context, global payroll managers need those skills and more to handle an increased administrative burden and navigate a more complex compliance landscape. Beyond a range of industry qualifications and certifications, when you’re recruiting your global payroll manager the following skills and traits are worth looking out for: Expertise Experience: Developing and implementing a comprehensive payroll solution involves a high degree of knowledge. Global payroll managers should have a firm understanding of the international tax and social security landscape, and the experience to apply their skills in the territories in which they will be working. Language: It goes without saying that a language proficiency for the territory in which your global payroll manager is working is a huge advantage. But language skills are transferable, and an aptitude for learning a new language is going to help your manager be more effective in their role. Management: Management skills will be vital in addressing the needs of a diverse group of international payroll staff, often working to strict deadlines global payroll managers should be able to demonstrate a considered management approach, and bring out the best in their fellow administrators. IT Technology: Global pay setups function with the help of a range of technological tools and software platforms. An excellent global payroll manager should understand how to deploy current systems effectively, and be able to adapt to the frequent updates and innovations of the industry. Communication: Given the scope of their job, global payroll managers must be able to communicate with clarity across vast distances. The compliance requirements of their field mean they will often need to deliver relevant information to colleagues and senior management effectively. Versatility: The inevitable and numerous challenges of an international pay-cycle means global managers must be ready for a range of problems expected and unexpected and be versatile enough to find a solution with deadlines approaching. About the author: Sandra Sommerville is the Group Human Resources manager for activpayroll, she has 18 years of experience in a variety of HR compliance and senior food retail management roles. Working in a fast-paced, global environment, Sandra’s is dedicated to recognizing, mentoring, and developing professional talent to deliver accountability and drive business growth.

Monday, May 25, 2020

Skills, Passion and Execution Tips for Hiring Managers - Personal Branding Blog - Stand Out In Your Career

Skills, Passion and Execution â€" Tips for Hiring Managers - Personal Branding Blog - Stand Out In Your Career Hire for Smarts. Dig for Passion. Look for proof of Execution. When hiring someone … or looking for a job yourself … these are three things you should be aware of and using to insure you find the right fit or are the right fit. These are especially true whether you are freelancing, consulting or otherwise engaged in what used to be consider non-traditional aspects of the workforce. Today you ability to use your smarts, to show and share your passion, and your ability to highlight your ability to execute has never been easier. Think about your LinkedIn profile here. If you need help insuring your LinkedIn profile is helping you and your efforts there are a lot of resources out there. Here is one post I wrote for Elite Daily. The point is … it has never been easier to communicate your expertise. Three things hiring managers should look for: Smarts Passion Execution You can train for skills and expertise. But you cant train for passion and you cant build execution. When it comes to passion and execution they need to be sort of built-in and part of the person. People either have it … or they don’t. This doesn’t mean they aren’t passionate for something. The best advice I could give anyone is to spend your time working on whatever you are passionate about in life. ~ Sir Richard Branson Can execution be learned? Yes, but the innate ability needs to be there first. As I wrote about here in Tips for Developing your Quantified Self where the idea was to allow people to track, manage and show what they’ve done. Execution is a habit. Execution is something people just do. Can some aspects of execution be learned? YES! But, there needs to be a fire-in-the-belly to keep people charging forward and executing to the utmost of their ability. Can you train for passion? Not really. People are passionate about different things. Its up to a hiring manager to find out what those passion points are. Then seek to hire for those passion points. Or align them to a different role. Or … kick ‘em to the curb.This last point is harsh, but in the grand scheme of things it’s better to hire someone that will care about the role. Can this play into the semi-tirade about Millennials wanting and expecting to be entertained  and promoted rapidly within any organization they join? Sure, but the fact is that might be their passion. Sometimes passions are unfounded and untenable. Square Peg Round Hole Its rarely worth the time for hiring manager to try and squeeze passions or squeeze specific execution skills into the wrong package. The end result might work for a while, but too often it doesn’t last and both sides are left with something less than desired. Find the job that is the EXACT MATCH … then apply. ~Don Dodge, Google This is a Two-Way Street Its also incumbent and important that the candidate takes the time to  realize what their passions are and how to align them with their  skills and their ability to execute. Then be honest with yourself and with the hiring manager. If you dont have the skills, the passion or the ability to execute in a specific role … walk away. Think about this and answer honestly: Have you ever walked away from a role because it just wasn’t quite the right fit?   Is this too Pie-in-the-Sky? As I read this back to myself I thought this might come across as too idealistic and perhaps it is. However, in this day and age there are people from all walks of life and all generations that bring skills, passion and an ability to execute. These people will keep coming, seemingly out of the woodwork, because of the Internet. Today it is easier than ever before to put yourself out there. To share what you know and to engage with people that are half a world away … all in real-time. Whether you are hiring or applying for roles I suggest you take these three points into consideration. From my experience these three points will provide a solid foundation upon which to evaluate candidates and roles. Hire for Smarts. Dig for Passion. Look for Proof of Execution. If you are a hiring manager, recruiter or otherwise interested and invested in the process of identifying and bringing great candidates into the right role please share your tips and best practices here. Inquiring minds want to know.

Thursday, May 21, 2020

Announcing The Millennial Edition of Personal Branding Magazine - Personal Branding Blog - Stand Out In Your Career

Announcing The Millennial Edition of Personal Branding Magazine - Personal Branding Blog - Stand Out In Your Career [youtube=http://www.youtube.com/watch?v=qDJmCv6-_gE] Volume 2 overview After an entire year of Personal Branding Magazine (4 issues), were back with an explosive and very timely issue. You will notice a few design changes in this next volume starting with the main banner, which now uses the consistent logo over/under the R to create a registered mark. Expect a lot more great articles from experts this year and I look forward to hearing your feedback. Today, we would also like to announce a newly created Facebook page for the magazine, which you can be a fan of and receive updates. If youve read the magazine, even a previous issue, there is now a Facebook group just for YOU. Volume 2 Issue 1 FREE sample available today (HERE) This issue explores a new generation of hip and cool youngsters, known simply as Gen-Y, but also referred to as the millennials. The long anticipated and earned retirement of baby boomers has given rise to the millennials, who are over 70 million strong. The legacy workplace will cease to exist as this generation enters and recruiters must be prepared to change their ways or self-destruct. Some millennials have even started changing our world as we speak. These new-age entrepreneurs are tech-savvy and ready to make a difference. Are you prepared? Whats in the free sample? There are a total of five articles in the free sample, including a piece on relationships by Tiffany Monhollon, as well as a sizing up of the millennial group by non other than our Blog Marketing Columnist, Jack Humphrey. You will also find part of my interview with 23-year-old CEO and author, Ryan Allis. There is also a few snippets of interviews with the famous John Earle (Johnny Cupcakes) and one of the most popular authors and bloggers in Silicon Valley, Ben Casnocha. Each of these individuals have achieved success as a millennial and we can all learn something from them. When is the full issue coming out? Paid subscribers of the magazine (you can subscribe here) will be receiving their copy of this issue, in full length (26 articles) on August 1st. Who contributed? Experts, authors, coaches and bloggers such as: Rohit Bhargava, Author, Personality Not Included Carmine Gallo, Author, Fire It Up! Eve Tahmincioglu, Author, From the Sandbox to the Corner Office Alexandra Levit, Author, Howd You Score That Gig Trent Hamm, Editor, The Simple Dollar J.T. ODonnell, Author, CAREEREALISM J.D. Roth, Editor, Get Rich Slowly Laura Zurowski, Director of Outreach, Marist College Jonathan Blank, Public Relations Manager, Capgemini Special thanks to the staff: Selina McCusker reported on Johnny Cupcakes Scott Bradley interviewed Mike Michalowicz Miriam Salpeter contributed an article on the millennials Connie Bensen edited like a rock star (along with Miriam) Columnists: Jay Deragon, Tiffany Monhollon, Rick Mahn, Liz Pabon, Rob Cuesta, Nina Burokas, Maria Elena, Vikram Rajan, Donna Fontenot, Bonnie Kurka, Jack Humphrey and Jim Stroud Thanks to the sponsors

Sunday, May 17, 2020

Money Makeover Series Future Financial Leader

Money Makeover Series Future Financial Leader When I first spoke with Pamela, she told me that she wishes she had learned about finances at an earlier age. Now she wants to learn more to become a financial leader to women everywhere. That’s a pretty admirable goal! Pamela’s words hit home with me as I too have been on a mission to help others avoid the many mistakes I’ve made. And with the rise of student debt in a tight job market, this topic is becoming more important than ever! Now Pamela is ready got get started with optimizing her own financial situation. Due to a mortgage, a newish job with a slightly irregular income, and some consumer debt, Pamela and I decided to reorganize and re-strategize her finances before starting a budget. She’s already been doing a fantastic job of saving for retirement, so consumer debt payoff is the goal! Here’s what we plan to do to help make that happen faster: Consolidate Debt Owing even small amounts to more than one lender can get confusing for anyone. Not only that, it causes you to pay more interest than you have to, which can really add up in the long run. That’s why Pamela is pursuing debt consolidation. This will enable her to transfer anything outside of her mortgage onto one account, at a lower interest rate. There are several ways to consolidate debt and contrary to popular belief you don’t need a “debt consolidation” company to help you. In fact, the majority of those companies end up being debt settlement or debt management companies, which come with a high risk. So how can you consolidate debt on your own? Credit card balance transfer Shop around for a credit card which offers a promotional rate (typically 0% for 6 months to 1 year, depending on your credit score) and apply to transfer all of your other credit card balances onto this new card. Be careful not to make any purchases though! Purchases are charged a higher interest rate and even having the purchases on the new card can skew the way your payments are applied. Credit card balance transfers are a good option only for those who want the lowest interest rates possible   but trust themselves not to use the card for new purchases. Home equity line of credit If you own a home, you can take out a HELOC and use it to pay off your other debt. This is better than a credit card balance transfer if you’re not sure you trust yourself not to spend on the new card. The HELOC has a fixed rate and payoff date. One con to this is that your home becomes collateral on your debt putting you at risk of foreclosure if you default on your payments. Peer-to-peer loan Peer-to-peer loans, such as those from The Lending Club and Prosper, give you the best of both worlds: they come at a much lower interest rate than credit cards and the rate and payoff date are fixed. You don’t run the risk of charging up more debt and there is no collateral on this loan. The con is that they don’t offer 0% interest rates, so you might get a lower rate with a credit card balance transfer. However, if you think you’re better off steering clear of credit cards, then the slightly higher rate is probably worth not having to open any new credit cards again. Earn Extra Income Once Pamela’s consumer debt is consolidated, she wants to do whatever she can to apply more money to her debt payoff. Since her current obligations don’t leave her a lot of room in her budget, she decided to look for ways to earn extra income. I know what you might be thinking, but earning extra income doesn’t have to be a total drag, and just a little bit extra each month can have a tremendous difference on your debt payoff goals! One way to lessen the pain is to find work that you genuinely enjoy and that is convenient to your schedule. In Pamela’s case, she noticed that her local bar (which is just blocks from her home) is always busy. She mentioned this to the bartender who promptly told her he agreed and that they’re hiring! Since she’d been a bartender before, she had the necessary skills, and she got the job! Now she will spend a couple nights a week working at a bar she already enjoyed hanging out in, while being able to get home in five minutes or less, and earning quite a bit of extra money to boot! Now that’s what I call a boost to your financial plan! Debt Avalanche To complete Pamela’s debt payoff plan, she’s going to start on what’s called the debt avalanche method. This method entails paying off your highest interest rate debt first. Some people prefer the debt snowball method, which is paying off your lowest balances first, because they like having those “wins” for motivation. But Pamela’s ready to fight her debt head on in the mathematically fastest way possible. This avalanche method will be made even easier once her consumer debt is consolidated, and she has extra money from her side job to apply to these loans. Once her highest interest rate debt is paid off, the monthly amount she was paying on that will be applied on top of the minimum payment for the next highest interest rate debt and so on until she’s debt-free. Hence, the name, avalanche! A little bit of strategizing on your financial situation can go a LONG way. In Pamela’s case, this new strategy is going to turn her financial situation into something she can easily control and manage. Need a little help strategizing your own finances? Tell us your story in the comments below and I’ll be happy to reply with some pointers!

Thursday, May 14, 2020

How to Decode A Resume

How to Decode A Resume A resume should stand out. It is the first chance for you to prove that you are qualified for the job. What most applicants don’t understand, however, is that filling a resume with buzzwords does not make you sound any more qualified. In might, in fact, hurt your chances of getting the job.It might be easy to lean on these overused business-speak cliches and keywords, but beware: they can sometimes convey the opposite of what you are going for. As a hiring manager, it’s just as important to be aware that a resume might not be speaking as clearly as it can and should be.Saying the you “think outside of the box” can come off as sounding like you just don’t follow directions. It might sound good in your ears, but a hiring manager wants concrete results that came from your radical “outside of the box” thinking.evalOther keywords to avoid are:Strong organizational skillsDetail-orientedA perfect fit for your teamSynergyJack of all tradesWilling to put in extra workTeam player Thought leadershipSelf-motivatedEach carries an underlying alternative that can be off-putting to a potential employee. And as a hiring manager, these are the words that you should focus on if you decide to bring someone in for an interview.Find out just what makes them a “perfect fit” or how they’ve helped achieve “synergy”. Otherwise, these buzzwords are nothing but meaningless terms used to embellish a resume. EBI helped put together a handy infographic to help you determine what their resume is really saying.

Sunday, May 10, 2020

Employee Engagement Does Not Equal Loyalty

Employee Engagement Does Not Equal Loyalty Employee Engagement Does Not Equal Loyalty Employee engagement is a phrase being used by many HR professionals these days. Sure, every human resource professional wants their company to be known for a fun, hip, and cool workplace where people are literally battering down the doors to work there, and job turnover is low. After all, keeping employees are in their best interests, as statistics repeatedly show that the more engaged the employee, the higher the retention rate.  Which equals less cost to the employer. Going through the recruiting and hiring process carries an extraordinary price tag, in addition to lost productivity and momentum during a position vacancy. But here is something that employees must never forget: being highly engaged doesn’t mean that there is any better commitment to you from the employer as their employee. Employee engagement can lure you into a false sense of security. The statement above about the cost savings is actually the heart of the matter: employee engagement is a business decision. It’s a way to save costs. Not because they really, really like you. Employee engagement is NOT to be mis-interpreted as more personal, almost familial connection. And that’s where many workers go wrong. They allow their feelings for the company to be swept up into an emotional connection that replaces this business connection into a personal one, and rely on that “promise” as a guarantee for job security. Remember, you are only there at the company until you find a better job offer (usually), and the employer is only retaining you until you don’t meet their business objectives. Never lose sight of this fact. Enjoy employee engagement as much as you can, and it’s ok to drink the “Kool-Aid.” But never substitute employee engagement as an absolute guarantee of job security. Just as soon as management changes, your job can vanish too. So always be aware of the underlying business reason for employee engagement practices.

Friday, May 8, 2020

JB Hunt Resume Writing Service

JB Hunt Resume Writing ServiceIf you are seeking a job or are trying to land an interview, it is imperative that you have a strong and effective resume. This means that you must prepare a resume that can demonstrate to an employer why you should be hired and that is also prepared in such a way that it will help them tell whether you are qualified for the position.Resume writing is different from most other forms of professional writing because there is an element of presentation that is required to make the resume stand out. Some companies may require you to provide examples of your previous employment. In this instance, the job duties of your prior position will be crucial.Sometimes, if you are not willing to undertake such a responsibility, the best bet would be to find a resume writing company that has experience in creating resumes that meet the needs of prospective employers. It would be advisable to find a company that has been in business for years and has many years of experi ence at delivering quality resumes.A good resume writer would know what type of resume works best for each position you are applying for. There are five types of resumes that you need to consider when looking for a resume writer to create. These include the science-oriented resume, the sports-oriented resume, the leadership resume, the executive resume, and the technical resume.In the career fair that you will attend, consider the type of positions that you are being asked to submit a resume for. If your experience is in a scientific or business field, consider a science resume. But if you have a more business-oriented background, consider an executive resume.The most popular format for resumes that you will find online is the plain white color resume. This format has the advantage of allowing you to highlight certain qualities that you feel are relevant to the position. For example, if you want to emphasize your interpersonal skills, highlight those aspects of your personality that can be improved upon and create a paper that shows that you have a chance of making an impact in your new role.A good resume should be done with care and attention to detail. Every item on the resume must be relevant to the job being advertised. Make sure that you know all the details of the job in question so that you can demonstrate that you know the job, are interested in it, and are excited about it.Of course, while choosing a resume writer to work with you, make sure that you get all the information that you need about that person. Check out their website to see if they have testimonials from previous clients and make sure that they are happy with the work they have done.