Posts

Showing posts from January, 2024

Earned Wage Access: The Need Of The Hour!

  In today's fast-paced and unpredictable world, financial stability and flexibility have become more crucial than ever. Many individuals find themselves facing unexpected expenses or financial gaps between paychecks, leading to financial stress and hardship. However, a transformative solution known as Earned Wage Access (EWA) has emerged to address this pressing need. Source Link

Strengthening the Automotive Supply Chain: Perspectives on Building Resilience

  The automotive industry, just like any other, has its fair share of challenges.  Supply chain  disruptions have always been a nightmare throwing a wrench into their operations. From geopolitical uncertainties to natural disasters, and supplier disruptions to continuously shifting customer demands, the environment is intricate and dynamic. Source Link

Guide 101 - The Basics of Payroll in New Zealand

  In recent years, New Zealand has been tagged as one of the countries with the most globalized economies. One of the key reasons for this tag is the rising number of business establishments in different sectors.  In New Zealand, whether businesses employ one person or one hundred people, the same rule applies when it comes to payroll –  The employers are responsible for withholding income taxes, Kiwi Saver contributions from employee’s pay. They also need to pay the Employer Superannuation Contribution Tax (ESCT) on all employer contributions. Source Link

AI-Powered Payroll Management: Unlocking New Avenues for Productivity

  AI and ML boost business productivity through several ways such as: process automation, data analysis, personalized customer experiences, fraud detection, NLP-powered chatbots and much more. These technologies revolutionize decision-making, improve efficiency, and deliver value across industries. The recently published World Economic Forum's  Future of Jobs report  suggests that the broader labor market shift induced by AI and automation will create 69 million new jobs in fields such as data analytics, climate change and environmental management technologies, and encryption and cybersecurity.  Source Link