Category Archives: Payroll Automation

HR, HR Software, Pay & Reward, Payroll Automation

Fox Group International Selects everyday by elementsuite as its HR, Scheduling and Pay Solution

London – 30th July, 2024. elementsuite, HR and workforce management software, has been chosen by Fox Group International, an industry-leading provider of aesthetic cosmetic and pharmaceutical products with global reach, as its trusted HR software provider.  Fox Group has selected everyday by elementsuite to address its needs for a single, robust platform to manage end-to-end needs.

Having outgrown their existing HRIS, Fox Group’s growth meant they required a platform that had modern and innovative functionality to maximise operational efficiency across people processes, empowering employees, managers, and HR admins. The organisation will be utilising the HR, scheduling and pay elements of everyday to address the following requirements:

 

Manage all people processes 

With everyday, Fox Group can now manage all their people processes from one robust platform. For instance, it was important for Fox Group to have the ability to feed live data from absence and availability directly into scheduling, which can save manager time and support timely decision-making.

 

Embrace everyday’s AI capabilities

Fox Group now have the benefit of saving time spent on admin through ELLA’s ability to handle numerous tasks, from answering employee queries about company policies to creating documents for HR admins, helping create more time for transformative tasks to support Fox Group’s growth. ELLA, elementsuite’s Large Language Assistant, provides functionality such as content generation, company knowledge retrieval, 24/7 HR assistance and workflow agency.

 

Modern user-friendly look and feel 

everyday’s simple, user-friendly tile menu format makes it easy to manage all people processes smoothly. The UI helps all users navigate across the platform whilst maintaining Fox Group’s unique branding.

 

“everyday’s easy-to-navigate style supports employees’ self-drive capability and it’s fantastic how the entire system can be branded to Fox Group’s own style and colour palette,” said Annabelle Wharton, Head of People at Fox Group International. “We’ve really enjoyed working with the team at elementsuite throughout the selection process and we look forward to our continued partnership during implementation.”

 

“I believe that everyday has the ability to transform employees’, managers’, and HR admins’ world of work at Fox Group International. The fun and innovative feel of the platform perfectly matches the modern feel of the brand itself. I look forward to working with the project team,” added Steve Elcock, CEO and Founder, elementsuite.

 

For further information please visit www.elementsuite.com

 

About Fox Group International

Fox Group International is a market leader within the aesthetics and cosmetics industry and is the only official supplier for polynucleotide injectable VITARAN, hyaluronic acid dermal filler, REVOLAX and hyaluronic acid skin booster, Seventy Hyal. Fox Group International distributes a range of aesthetic supplies and pharmaceuticals to qualified aesthetics professionals within the industry. Through advanced research and development, Fox Group International offers an unrivalled portfolio of leading aesthetics products for non-surgical treatments and 360° solution for aesthetic businesses with the aim to support practitioners every step of the way.

 

About elementsuite

elementsuite is a full-suite HR and Workforce Management software that ushers in a new era of innovation and efficiency with an all-in-one platform that covers the entire employee lifecycle. elementsuite offers a seamless, modern, and comprehensive solution for all HR and Workforce Management needs, from handling recruitment and onboarding to generating labour forecasts and creating personalised reports, all on one mobile-friendly platform.

elementsuite is now delighted to offer everyday – the same expertise, the same experience, but for companies with 150+ employees.

elementsuite boasts a portfolio of world-renowned brands who stand at the forefront of innovation, including McDonald’s UK, Travelodge, Roadchef, Five Guys, Virgin Limited Edition and many more.

To learn more, visit www.elementsuite.com

HR, HRTech, News, Payroll Automation

Deel is Acquiring Hofy

Written by Alex Bouaziz, Co-Founder & CEO, Deel 

Over the past few years, running a global HR function has become increasingly complex: HR leaders are expected to keep up with ever-changing local hiring and payroll laws, create global performance management programs, and coordinate the challenging onboarding and hardware logistics with their global IT partners.

The HR and IT Problem

We’re here to help HR and IT leaders consolidate their tools and worry about one less thing. That’s why we’re acquiring Hofy to provide our global customers best-in-class IT services and device lifecycle management, alongside our suite of EOR, global payroll, contractor management, immigration and people management tools. It’s another step in our goal to become the most comprehensive HR & payroll platform worldwide.

We understand the pain points between global HR and IT: Deel has more than 4,000 team members dispersed across 20+ time zones, so we sought out the best partner to meet our unique needs. Over the past 2.5 years Deel has run its fully remote, global team on Hofy – they are the best of the best. We’ve shipped an estimated 5,000 devices to 98 countries. In our experience as both a customer and partner of Hofy, we were so impressed with their global scale, expertise, and customer service that we decided to join forces officially.

Meet Hofy

Hofy is the leading device supply and management company in the world. Unlike its competitors, Hofy has true global coverage and infrastructure, supporting 127+ countries in fewer than ten working days with a 99% on-time delivery rate and 24/7 industry-leading customer service. The company offers full end-to-end IT lifecycle management – everything from device delivery, collection, repair and replacement, to managing the employee on and offboarding process, device security, pre-configuration, and data erasure. Today, Hofy counts Canva, Forbes, Fujitsu, GoDaddy, and HelloFresh as customers.

Announcing Deel IT

Soon, we will fully integrate Hofy into Deel and launch Deel IT, our end-to-end global IT services platform. Along with device supply and management, Deel IT will offer a suite of IT services like software provisioning, app access management and integrations with mobile device management (MDM) and identity tools. Customers will be able to see a full view of their IT set-up and will be able to handle complex shipping, procurement, and management of devices globally from one platform, with a few clicks. It will be fully integrated inside Deel as well as interoperable across any HRIS, including Workday and HiBob. Deel will be the first HR and payroll company to offer a solution this robust fully in-house.

We plan to launch Deel IT in all markets later this year. Check out Hofy in the meantime. You can use it today and continue with all your data once Deel IT launches.

We started Deel with a core expertise in global hiring and payroll, but we’ve been listening to customers along the way and adding new products and services to help ease pain points associated with building, scaling and managing global teams. We’re thrilled to add this new service to our ever-expanding HR and payroll platform, and we can’t wait for you to try it out.

 

Employee Benefits, HR, Payroll Automation

Deel Partners With Carta to Solve International Option Exercises for Global Employees

Partnership between two industry-leading companies harnesses Deel’s global payroll capabilities and Carta’s equity management platform 

San Francisco, May 14, 2024 – Deel, the leading global payroll and HR company, announced today its strategic partnership with Carta, the trusted equity management platform, to streamline the process of exercising stock options for global employees by automating global equity tax withholding and ensuring compliance with varying tax regulations.

With companies increasingly hiring across borders, granting equity to international employees has become more challenging due to the complexities of global tax regulations. Accurately calculating local taxes, withholding appropriate amounts, and ensuring timely payments to various jurisdictions has historically been a time-consuming and complicated process.

This industry-first partnership seamlessly integrates Deel’s global payroll capabilities with Carta’s equity management expertise to deliver a comprehensive solution. Together, they simplify compliance while empowering employees with an accessible way to manage their equity.

Companies using Carta and Deel can now automatically sync equity events across platforms. When global employees exercise their options, Deel will log these transactions, calculate local taxes, and handle payment collection for local authorities.

Employees can now pay for their option exercises in their home currencies. Deel will collect funds and handle foreign exchange via its payment rails and ensure the employee’s shares are fully paid for by forwarding the correct amount to the company in USD. This solves a common pain point for foreign employees who are looking to exercise their options, and will help avoid frequent delays associated with trying to transfer USD to cover employee exercise costs.

This strategic integration reinforces Deel’s mission to empower businesses with efficient, comprehensive tools for managing a global workforce, simplify equity administration, and make it easier for global teams to manage their total compensation.

 

Ryan Freeman, Head of Partnerships at Deel, said: 

“Deel’s partnership with Carta is transformative for companies providing equity benefits to their international teams. As two industry-leading platforms, we’re constantly seeking innovative ways to simplify global workforce management, and this integration embodies our commitment to help businesses navigate the complexities of cross-border equity administration. Together with Carta, we’re making global ownership accessible to all, helping companies worldwide create more engaged and motivated teams, and ensuring ownership opportunities reach every corner of the globe.”

 

Reed McBride, VP, Strategic Partnerships and Ecosystem Development at Carta, said:

“Our groundbreaking partnership with Deel marks an industry first in global equity management, delivering an integration that simplifies the complexities of international money transfer and tax compliance. With Deel’s cross-border expertise and our innovative approach, we’re offering a revolutionary solution. Our integration empowers companies to confidently provide global equity to their international team members while ensuring simplified funds flows for option exercises, with precise tax withholdings. By blending Carta’s cutting-edge technology with Deel’s compliance know-how, we’re pioneering accessible ownership opportunities for international teams.”

 

In addition to the partnership, Deel has announced significant updates to Deel Equity, expanding support for additional equity types and providing detailed information like vesting schedules, grant details, expiration dates, and comprehensive documentation. Companies can now monitor their employees’ compensation with built-in reports covering benefits, equity payroll, and more.

Global equity tax withholdings, powered by Carta and Deel, aims to create more owners in every corner of the world. At launch, the integration will cover Deel EOR and Deel Global Payroll employees in France, Germany, India (Deel Global Payroll only), Israel, Italy, Netherlands, Nigeria, Poland, Portugal, Singapore, Spain, and Switzerland, with a number of countries being added soon.

Companies using Carta and Deel can activate the Carta integration in their Deel accounts today to automate their global equity tax withholding.