CXC Talent Talk #9

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If you want to find expert insights, trends, tips, and solutions for managing your talent needs, you are in the right place.

Every week we will keep you updated on the important shifts in the market and offer our views and tips for effective talent management from all of our regions.

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Are you hiring independent contractors? With a new year, you should evaluate your risk and revise your compliance.

This week read about enterprise risk, discover what is a worker classification and why it's important, inform yourself on the latest contractor misclassification case in Ireland, find solutions to your workforce compliance risks and so much more.

?? CXC Australasia

? Contractor Compliance Management: How to Ensure Your Business is Safe

The key objectives of a quality contractor compliance management strategy include:

• The ability to reduce or eliminate risks associated with incorrect or inadequate contractor insurances
• The ability to reduce or eliminate safety risks in the workplace
• Ensure legal risks are removed, by classifying contractors correctly
• Ensure statutory risks are removed by complying with visa requirements of any overseas workers
• Ensure the contract workers are aware of their responsibilities in the compliance equation

In the article HERE, we covered the many facets of contractor compliance management.

?? Enterprise Risk Management: Why is it Crucial?

Find out what?is?enterprise risk management; why risk management is so important; and the types and various components of risk management so your business is in a state of preparedness for the inevitable risks it will face in the article HERE.

?? CXC Asia

?? Compliance in Today’s World of Work: 3 Things to Watch Out For

As the demand for contingent workforces increases globally and organisations are having to grapple with new challenges and risks that are becoming ever more complex, many believe it’s important for companies operating internationally to watch out for the following 3 things with?their compliance management programs:

1. Understand your people, processes and data
2. Identify your risk areas
3. Target solutions and know your limitations

Read more on the 3 crucial things for compliance in today's world of work HERE.

?? What is Worker Classification? Why has it become so important?

As the world of work goes truly global, and working itself more fluid and flexible, back burner issues like Worker Classification have become increasingly important. But what exactly is worker classification and why has it become such a critical issue du jour?

Find out all you need to know HERE.

?? CXC Emea

???? Is This Ireland’s Uber Case? Contractor Misclassification in Ireland

The correct classification of gig workers has been a hot topic over the past few years.

From?changes to IR35 legislation?in the UK in 2021 to the proposed?EU Directive on Platform Workers?that’s set to come in early this year, we’ve heard plenty about how changing legislation could impact workers and the companies that engage them.?

And in Ireland, one case in particular has made headlines: last week, it was reported that the Supreme Court?will hear a further appeal?over whether food delivery drivers should be treated as employees or self-employed workers under tax and employment law.

In the article HERE, dive into the background of the case and get some context as to how workers are typically classified in Ireland — and why it matters.?

?? The Open Talent Report Podcast

Allegis Global Solutions’ (AGS) vice president of EMEA?Simon Bradberry?and global head of strategy?Bruce Morton?discuss with CXC Global EMEA Managing Director Connor Heaney a new framework to rethink how work gets done, The Universal Workforce Model?, which leads to better outcomes, enhanced productivity and happier workforces.

?? Download The Universal Workforce Model book for FREE:?https://lnkd.in/eJUqWyCn

?? Subscribe and tune in The Open Talent Report on Spotify, Apple Podcasts, Google Podcasts, Amazon Music?or listen to the full episode on our website?HERE.

?? CXC North America & Canada

?? Global Payroll Compliance | Why Is It Important for Your Business?

Payroll compliance at its most basic level includes complying with basic payroll regulations. These include but aren’t limited to calculating wages, withholding payroll taxes, depositing your tax liability, and filing payroll tax returns; you may need an?accounting certificate?for these tasks.

In addition to standard payroll compliance regulations, you also have to keep track of:

• State requirements, which vary from state to state.
• Federal requirements, like FLSA, FICA, FUTA, EPA, and Davis-Bacon Act.
• International payroll rules, which change based on the country.

Learn more on global payroll compliance for a business based in USA or Canada HERE.

?? Workforce Compliance Risk & Independent Contractor Compliance Solutions

• How can CXC help?
• Is compliance risk different from regulatory risk?
• What are the most common compliance risks?
• What is CXC's risk diagnostic tool?
• How does CXC keep updated with legislative changes?

Read on to find out more about compliance, associated risks and answers to some comment questions about compliance HERE.