From the bustling energy of Mexico City and the manufacturing hubs in Monterrey to the lush seaside towns of the Yucatán Peninsula, Mexico is globally known for its vibrant culture, an active tourism sector, and its key role in global supply chains. The automotive industry, electronics production, and agriculture are prominent features of Mexico’s economy. However, the country’s labor landscape is not static, and workplace informality, shifting union agreements, and a mandatory digital invoicing system are all aspects that multinationals need to be aware of.

In this episode of Payroll Around the World, we speak to ADP experts Delia Hernandez, Delivery Compliance Manager for the Americas, and Carlos Mandujano, Director of Operations for Mexico, to discuss minimum wage requirements, the national discussion around legal working hours, and many other aspects of doing business and managing a workforce in Mexico. We also hear from Marco, an employee at a major manufacturing firm that has just phased out its former 48-hour workweek.

Timestamps

• Intro [00:07]
• Mexico’s economy and labor landscape [03:40]
• The electronic invoice management (CFDI) [05:56]
• Regulatory challenges in Mexico [10:06]
• The outsourcing restriction [12:33]
• Mandatory profit-sharing[14:34]
• The minimum wage and the UMA [16:12]
• Unions in Mexico [20:05]
• How is ADP helping multinationals? [20:46]
• Marco’s story [22:52]
• The debate around the reduction of legal working hours [26:33]
• What do you love about working in payroll? [29:11]

Credits

• Executive Producers for ADP: Nicola Smith and Kate Allen
• Executive Producer for Storythings: Matt Locke
• Recorded, edited, mixed and mastered by: Chris Mitchell
• Scripted and hosted by: Luisa Rollenhagen
• Guest interview recorded by: Adam Williams
• Voiceover spoken by: Emmanuel Calle
• Project Manager: Aimee Perrinjaquet

Hosted on Acast. See acast.com/privacy for more information.

Singapore is high on many multinational businesses’ list when it comes to establishing a base in Asia. Thanks to its strategic location, state-of-the-art digital infrastructure, and transparent legal framework, the country is considered to be one of Asia’s most business-friendly destinations. At the same time, Singapore’s payroll system reflects the country’s broader economic priorities: attracting global talent, encouraging local employment, and leveraging technology to maintain high levels of compliance and efficiency.

In this episode of Payroll Around the World, we’re joined by ADP experts Yvonne Teo and Vidhya Ramamoorthy, who’ll guide us through the intricacies of payroll in Singapore. We’ll discuss the different types of mandatory employee and employer contribution schemes, work regulations for expats, locals, and permanent residents, and current trends in the labor market. We also speak to Carmen, a Malaysian expat in Singapore who has just applied for permanent residency in order to access key social benefits.

Timestamps

• Intro [00:07]
• Singapore’s economy and business landscape [03:20]
• What are some challenges for multinationals? [06:30]
• Breaking down the Central Provident Fund (CPF) [09:18]
• Self-help group contributions [12:07]
• The Foreign Worker Levy [14:14]
• How Singapore is encouraging the hiring of local talent [16:00]
• Carmen’s story [17:37]
• Permanent Residency and the CPF [22:20]
• The IR21 tax clearance [24:16]
• The Fair Consideration Framework [25:53]
• The Skills Development Levy [27:26]
• Upskilling an aging workforce [30:15]
• How is ADP helping multinationals? [32:00]

Credits

• Executive Producers for ADP: Nicola Smith and Kate Allen
• Executive Producer for Storythings: Matt Locke
• Recorded, edited, mixed and mastered by: Chris Mitchell
• Scripted and hosted by: Luisa Rollenhagen
• Guest interview recorded by: Ee Ming Toh
• Project Manager: Aimee Perrinjaquet

Hosted on Acast. See acast.com/privacy for more information.

Italy is a key player in the European economy, famous for its rich cultural heritage, stunning landscapes, and iconic cuisine. From Milan’s fashion houses to the industry centers of Turin, Italy’s economy features a dynamic mix of manufacturing, tourism, and agriculture. The European country is also one of the world’s top wine producers, along with France. But despite Italy’s economic strengths, the country still suffers from a skilled labor shortage, particularly in sectors such as tech and IT, as well as manufacturing, engineering, and healthcare.

In this episode of Payroll Around the World, ADP experts Marcela Uribe and Innocenzo Casanova talk about the complexities of running payroll in Italy, including union agreements, social security contributions, and the importance of government certificates for businesses. We also speak to Andrea, a copywriter in Milan who recently completed an upskilling program sponsored by his employer. In order to address the skilled labor shortage, many businesses in Italy are investing in their existing workforce and offering upskilling and training opportunities to future-proof their employees.

Timestamps

• Intro [00:07]
• What do you love about payroll in Italy? [04:07]
• Italy’s economy [04:44]
• Compliance challenges [08:49]
• The importance of second-level agreements [12:00]
• Social security contributions [16:38]
• How ADP is helping clients navigate compliance challenges [19:08]
• The DURC certificate [20:35]
• Labor consulting firms [23:35]
• Andrea’s story [25:32]
• The skilled labor shortage and upskilling [29:00]
• The demand for flexible and remote working options [31:34]

Credits

• Executive Producers for ADP: Nicola Smith and Kate Allen
• Executive Producer for Storythings: Matt Locke
• Recorded, edited, mixed and mastered by: Chris Mitchell
• Scripted and hosted by: Luisa Rollenhagen
• Guest interview recorded by: Alessio Perrone
• Project Manager: Aimee Perrinjaquet

Hosted on Acast. See acast.com/privacy for more information.