FINAL WORD
Johann van Niekerk , Co-founder and CEO , Outsized
Gig-based marketplaces often favour more creative roles , so if you are looking for a graphic designer for overflow work for example , this kind of flexibility is ideal . But if you are looking for an independent internal auditor or a project-based dev-ops engineer , this is unlikely to be the best option for your business .
This is where curated or specialist talent marketplaces come into their own . While providing flexibility and speed , these marketplaces also vet talent , review portfolios and use high-technology algorithms to determine the best available skills and talent for your organisation .
The pool of people may be larger too , as marketplaces often tap into regional or global talent pools beyond the limits of a business ’ geographical bounds . This means you get access to more people , with a level of skill and experience that means they will be able to hit the ground running in your organisation .
Talent marketplaces are not just useful in the example of someone quitting but can be useful during any shortage of talent or skill ranging from maternity cover to big projects which need more skills , and even during hiring freezes for permanent talent .
Talent is the backbone of any organisation so sourcing it effectively is not just smart , it is necessary . The key is understanding that one size will not fit all . By evaluating your business needs , considering both short- and long-term solutions , and choosing platforms that balance speed , quality , and expertise , you will position your team for success .
Outsized is a talent-on-demand platform for highly skilled , experienced , independent professionals . It enables large enterprises and consulting firms in Africa , Middle East , Asia-Pacific , to implement flexible workforce models by providing access to vetted talent from a host of professional disciplines . p
Plug-and-play payroll may not work for you
One of the biggest hurdles global businesses face is staying compliant with local regulations . From tax codes to employee benefits , overtime rules to data privacy laws like POPIA and GDPR , companies need to be agile when it comes to compliance .
A universal payroll system often fails to account for regional legal differences , leaving businesses vulnerable to compliance failures , audits , fines , and legal disputes . Customisable payroll and HR software , allow businesses to adapt their processes to reflect the latest local laws , ensuring they stay compliant no matter where they operate .
Plug-and-play systems not built for multi-country operations often require manual workarounds or additional tools to handle things like currency conversion and local tax filings . While plug-and-play payroll software may work for small businesses or those with simple needs , its limitations become clear as companies grow , and their requirements evolve .
Ian McAlister , General Manager , CRS
better data for decision-making . With accurate payroll information , businesses can gain insights into workforce trends , compensation patterns and tax obligations , helping them make informed decisions on budgeting and staffing .
Scalable software should also automate payroll processes , reducing processing time and errors , which is essential for maintaining employee trust and ensuring compliance . It should also integrate seamlessly with other critical systems like accounting , time and attendance and ERP platforms to reduce data entry errors and improve overall efficiency .
Customised reports that provide real-time , actionable insights from payroll and HR data are invaluable for making informed decisions and tracking key metrics , giving businesses a holistic view of their workforce .
A customised solution brings everything together on one platform , allowing global teams to collaborate easily while accommodating regional differences . This reduces administrative headaches and eliminates the need for multiple systems to manage different countries . By automating region-specific tasks , businesses can minimise human error , speed up processes and improve the overall employee experience .
Customisable payroll software reduces these risks by tailoring calculations to the unique tax rates and regulations of each country . This ensures accurate payments and gives HR teams access to
Lack of flexibility can hold a business back from scaling efficiently . The right solution should adapt to any business structure , handle increasing numbers of employees , and scale across new regulatory environments . Modular , customisable systems allow for the easy setting of specific parameters without the need for additional development , making it easier to integrate new locations or functions .
A one-size-fits-all solution exposes companies to significant risks , impacting their growth and bottom line . By prioritising customisation , businesses can build a strong foundation for their global operations , making them more agile , resilient and ready for future growth .
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