UKG introduction, Global Payroll process

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What does Global Payroll refer to?

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The process of managing and administering payroll for employees across multiple countries within a single, unified system.

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What is one of the benefits of Global Payroll?

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Ensures adherence to local regulations, minimizing legal and financial risks.

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What is the purpose of One View Payments?

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Provide a centralized, compliant payments hub.

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How many countries is One View available in?

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160+

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Which component of Global Payroll involves consolidating payroll data for reporting and analytics? Options: Local Compliance, Currency and Taxation

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Data Integration

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What is the average number of third-party payroll technologies used to manage multi-country payroll?

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3.7

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What is meant by "Local Compliance" in the context of Global Payroll?

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Ensuring compliance with country-specific labor laws, tax codes, and statutory requirements.

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Define "Currency and Taxation" in payroll terms.

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Managing multiple currencies and cross-border tax implications, including double taxation agreements.

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What is a Pay Period?

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The time frame in which employees are paid for their work.

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What is meant by Payment in the context of payroll?

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The transfer of money to an employee for their services rendered.