EMPLOYER ALERT Turkey Benefits Legislation Change: Individual Pension System (BES)

Celergo would like to inform you of a Benefits Legislation change in Turkey that will have an impact on payroll. In November 2016, the Prime Ministry Circular on Automatic Participation in the Individual Pension System (BES) was published in the Official Gazette, numbered 29900. The automatic participation to BES, also known as “Compulsory Individual Pension,” will come into effect as of January 1, 2017. There are new duties on employers to help more people save for their retirement. As an Employer you will be required to: • Agree with one or more pension companies authorized by the Under Secretariat of Treasury to regulate the pension plan for automatic participation. • Determine the authorized officers for the signature of the pension contract on behalf of the central and/or provincial units. • Present a retirement plan to the employees covered by the law and should transfer the withheld employee contributions to the retirement company. All institutions that employ five (5) or more employees will be gradually included in automatic participation. • As of January 1st, 2017, enterprises with 1,000 or more employees. • As of September 1st, 2017, with 100-249 employees. • As of January 1st, 2018, enterprises with 50-100 employees and all local administrations. • As of July 1st, 2018, enterprises with 10-50 employees. • As of January 1st, 2019, enterprises with 5-9 employees. Below are some common questions and answers to help you better understand the impact of this change: 1. The Government is mandating that all Employers set up a Pension Scheme for their employees to be automatically enrolled in, correct? Prior to this change, a pension scheme was a voluntary benefit. Answer: Yes, correct. According to the new regulation employers with […]
By |December 16th, 2016|General|0 Comments

Celergo Founder to Present at 2016 California Payroll Conference

Michele Honomichl presents” Global Regional Payroll Differences” Chicago, IL (September 28, 2016) -Celergo, a leading provider of Global Payroll Management, today announced their participation at the California Payroll Conference, October 6-7, in Sacramento, CA. Michele Honomichl, Founder, Executive Chairman & Chief Strategy Officer of Celergo will present, “Global Payroll: Regional Payroll Differences.” Payroll professionals today are not only required to manage compliance at a local payroll level but also must be compliant with global standards including OFAC, FCPA, UK Bribery Act, European Data Privacy and much more. Michele will present Global Payroll with a Regional Focus, identifying the payroll differences in the various regions of the world and providing payroll professionals with an overview of what to expect as they continue to grow globally. “Our goal is to make it easy to understand the intricacies of global payrolls and focus on the importance of compliance,” says Honomichl. Celergo manages many global customers with dispersed local populations in every major region of the world. Michele is a subject matter expert who has been a presenter at the American Payroll Association Congress, SHRM, and a Keynote speaker at the 2016 Texas Payroll Conference on Globalization. To learn more about the numerous topics, Michele has previously spoken; please visit our website. About Celergo Celergo provides the leading fully-managed international payroll solution, meeting the needs of companies in 150+ countries with technology-powered, service-backed capabilities. As pioneers in payroll outsourcing, Celergo has managed some of the most complicated payrolls and built an unparalleled set of competencies and expertise, along with cloud-based software that integrates with all major HRIS, helping clients find efficiencies, improve accuracy, reduce costs, and minimize risk. Celergo’s experienced, multi-lingual staff covers […]
By |October 5th, 2016|Events|0 Comments

Celergo Announces New Office Relocation in Hungary

Celergo’s new space supports current and future planned capacity growth Chicago, IL (September 28, 2016) – Celergo, a leading provider of international payroll management solutions, today announced the relocation of their Budapest office to accommodate current growth and future expansion plans. The new location, 1093, Közraktár utca 30. 6. emelet, Hungary, is situated on the east bank of the Danube River and has a magnificent view of the historic city, an exclusive inner garden, a rooftop terrace, and advanced technical solutions – providing a high quality working environment for Celergo team members. Celergo’s Hungary office currently services over 200 corporate and non-profit clients with payrolls in Europe, the Middle East, Africa and parts of Asia. The new office location allows the company to maintain the double-digit growth of its EMEA business while providing enhanced amenities and generous meeting space to host clients, partners, and visitors. “This idyllic location on the Danube is the perfect place to continue our mission of achieving the simplest global payrolls and the happiest customers,” said Tim Callahan, CEO of Celergo. We are excited about the growth we are experiencing in EMEA, and this move represents our commitment to continue to build our presence in this region.” About Celergo Celergo provides the leading fully-managed international payroll solution, meeting the needs of companies in 150+ countries with technology-powered, service-backed capabilities. As pioneers in payroll outsourcing, Celergo has managed some of the most complicated payrolls and built an unparalleled set of competencies and expertise, along with cloud-based software that integrates with all major HR systems, helping clients find efficiencies, improve accuracy, reduce costs, and minimize risk. Celergo’s experienced, multilingual staff covers all time zones and regions, delivering the highest quality service from four […]
By |October 5th, 2016|General|0 Comments

Celergo Global Payroll Founder Keynote Speaker at Texas Payroll Conference

Michele Honomichl Presents “Are You Trending Globally?” Chicago, IL (September 12, 2016) -Celergo, a leading provider of Global Payroll Management Services, announced today their participation at the 2016 Texas Payroll Conference 2016(September 21-24th) in Austin, Texas. Michele Honomichl, Founder, Executive Chairman & Chief Strategy Officer will be a general session keynote speaker on Thursday, September 22. Compliance is ever changing in the global environment from Brazil to the European Union; therefore, companies need to ensure they are up to date with the latest global and local initiatives. “Payroll professionals today are not only required to manage compliance at a local payroll level but also must adhere to global standards including OFAC, FCPA, UK Bribery Act, European Data Privacy, and others,” states Honomichl. Additionally, Honomichl will be present a workshop, “The Global Automation Cycle – It’s Not Just Finance Anymore! “. Automation and integration are everywhere in human resources and payroll. From the employee entering in onboarding details to integration from the payroll system to local statutory authorities, the world is getting more and more automated. “The session will highlight how companies are automating their payroll processes, the areas which are still manual, countries that are online for filings, and the emerging trends in this space,” states Honomichl. Michele is a subject matter expert and considered one of the foremost thought leaders in the industry. Additionally, Michele is the author of Chapter 13 of the Payroll Answer Book published by Wolters Kluwer. Honomichl is a frequent contributor to Global Payroll Management Institute and Purely Payroll. About Celergo Celergo is a leading provider of Global Payroll Management Services, supporting global […]
By |September 12th, 2016|Events|0 Comments

Celergo Global Connect 2.0 Achieves Certified Integration with SAP® SuccessFactors®

New Solution Enables Customers Using SAP SuccessFactors Employee Central to Transfer Global Payroll Data to Celergo Global Connect Through a Single Interface Chicago, Ill (August 24, 2016)-Celergo, a leading provider of global payroll management services, today announced the successful certification of its Celergo Global Connect 2.0 for integration with SAP® SuccessFactors® Employee Central. The integration, built by iXerv utilizing SAP HANA® Cloud Platform, integration services, is one of the first SAP-certified solutions in the market, offering multi-country payroll customers a single integration for 140 country payrolls. Clients will benefit from single entry of critical data into SAP SuccessFactors Employee Central, which will flow directly into the payroll solution, helping to decrease time spent on data entry and improve accuracy. The iXerv team worked diligently with Celergo to build the connector, completing it in under three months through the use of SAP HANA Cloud Platform, integration services. These services enable applications like Celergo Global Connect to integrate cloud applications with on-premise solutions from SAP and other vendors. iXerv is a certified SAP SuccessFactors partner whose team of industry experts provides global payroll integrations, solutions and ongoing support for clients worldwide. “We are very excited about the certification with SAP SuccessFactors Employee Central,” said Michele Honomichl, Chief Strategy Officer at Celergo. “Our customers will now have a consistent process for sending data for all their payrolls globally to Celergo Global Connect. This will significantly decrease the amount of time they spend on changes and increase their control and visibility of the payroll process. We are proud of our partnership with iXerv. Their expert and personable team worked very effectively to quickly bring this integration to market.” “Our knowledge of the SAP SuccessFactors technology and integration methodologies is the key to […]
By |September 8th, 2016|General|0 Comments