A colleague of mine came to me with an interesting quote from a potential customer he had visited to discuss some of NGA HR’s offerings.
This particular prospect had recently implemented a Cloud solution for their Performance Management processes in addition to already having an ERP based solution for their HR Master data; a very good example of a hybrid solution that is becoming more and more common. Such a hybrid model gives customers the benefit of using Cloud functionality while still using earlier investments in an on-premise solution.
I have always loved change and innovation. New ideas and theories and new technology always makes you think about how you are doing things today, and what you can do to improve.
Over time, changes are coming at an increasingly higher speed. Adoption life cycles for new innovations become shorter and shorter, making a quote that originates from the ancient Greek times even more relevant: ‘The only thing that is constant is change’
When foreigners, or Gaikoku-jin, tell us what their first impression about Japan is, it is not uncommon to hear terms like clean, well organized, busy and crowded, mysterious and perhaps mechanical. The Japanese people have applied their sense of structure and organization full force into how payroll is calculated and operated. As can be expected, Japanese payroll is extremely complex, and the three main drivers are:
For an organization that is in the process of establishing in a new country the degree of payroll complexity in this country will give companies a good indication of how difficult or easy it will be to manage people costs when starting operations in a country. The new firms enter a market, create new jobs and contribute to the socio-economic development of the economy. At same time they encounter challenges such as: sourcing talent and employee payroll administration.