Advanced Understanding of Payroll

What does Global Payroll refer to?

• A system for managing payroll within a single country.

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

• A method for reducing payroll costs in multinational organizations.

Which of the following is a key component of Global Payroll?

• Handling multiple currencies and managing cross-border tax implications.

• Providing a centralized view of payroll data for better decision-making.

• Automating the final payments step.

What is one of the benefits of Global Payroll?

• Complexity in managing diverse regulations.

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

• Coordinating with multiple local payroll providers or partners.

What is UKG One View designed to do?

• Provide a solution that can pay employees timely and accurately, manage global cash flow, and deliver a consistent employee experience.

• Ensure compliance with local labor laws and tax regulations.

• Automate the final payments step.

Which feature is associated with One View Connect?

• Automate the final payments step.

• Achieve one uniform view of your global payroll with actionable insights.

• Ensure compliance and accuracy.

What is the purpose of One View Payments?

• Provide a centralized, compliant payments hub.

• Deliver touchless global payroll with proven technology.

• Build a culture of continuous learning.

What is the final step in the One View Payments process?

• Approval

• Payments Booking

• Payments Sent

How many countries is One View available in?

• 100+

• 160+

• 200+

Which approach is NOT a general implementation method for Global Payroll?

• Outsourced Global Payroll

• In-House Global Payroll

• Local Payroll Management

What is a challenge associated with Global Payroll?

• Streamlining payroll processes across multiple countries.

• Managing diverse regulations, currencies, and languages.

• Providing a centralized view of payroll data.