You probably know that Ukraine is a former Soviet republic that is now an independent nation in Eastern Europe. What you may not know is that the Ukrainian flag’s broad blue and yellow stripes represent a clear blue sky above fields of wheat because Ukraine is known as a global breadbasket. From a payroll perspective, there’s plenty more to know about the country’s labor laws and social insurance programs, and this month’s issue will fill you in.
Also in this issue, meet Michael A. Elliott, CPP. The VP and Senior Business Initiatives Manager–Global Payroll Services–for Wells Fargo Corporate provides his insight into the biggest challenges for payroll teams, payroll in Latin America, and much more.
The Global Payroll Management Institute (GPMI) has cultivated experts from around the world and is pleased to present the Advanced Global Payroll Management Certificate Program. Read on to learn about what the program entails and how you can be a part of it.
Also in this issue of Global Payroll, you’ll want to seek guidance on the impending EU General Data Protection Regulation (GDPR) that takes effect May 25, 2018. Designed primarily to update current law to address the digital economy, the regulation will impact every aspect of the employment relationship, including the processing of payroll for all employees located in the European Union. You can prepare with a GPMI webinar, available on demand.
Here's to a prosperous new year,
Dan Maddux
Executive Director
Global Payroll Management Institute, Inc.