Managing Payrolls in the Caribbean
The Caribbean is in the USA's backyard, and whether you are using call centers in the English-speaking islands, are involved in international finance in the various offshore jurisdictions, or are involved in the tourism and leisure industry you are likely to have some employees to process in this area.
Ensure your business meets all of its obligations when it sends expatriates into a country in the Caribbean or takes on a small local payroll as part of an acquisition or branch opening. Outsourcing the payroll function may seem like the best solution, but the company remains liable for any mistakes the outsource partner may make. It is therefore important that the end client is aware of what the major tasks the outsourcer performs on its behalf, the key deadlines that it needs to sign off, and how to interpret key reports and payslip information.
Attendees will be able to accurately follow a simple pay calculation for each jurisdiction, and should be able to identify all of the key items on a payslip produced in each jurisdiction.
You will also be able to:
- Identify all key jurisdiction deadlines
- Understand the penalty regimes and the consequences of getting it wrong
- Have a detailed understanding of the scope of service you are purchasing from an outsource partner
- Identify what information you need to pass to the outsource partner and why you have to provide it
This course will provide an overview of payroll requirements in the following jurisdictions:
British Virgin Islands
Saint Kitts and Nevis
Trinidad and Tobago
Virtual Classroom On Demand
Duration: 2.5 hours
Number of Class Sessions: Two
Earn 5.0 Recertification Credit Hours (RCHs) or 0.50 Continuing Education Units (CEUs) when attending this webinar.