Singapore – Social Security Rate Change

CPF contributions for individual aged 55 to 70 and who earn less than 750 Singapore dollars per month will increase effective from January 2023.

Sep 15, 2022 1 min read

Lebanon – Transportation Allowance Modification

On 12 August 2022, the President of the Republic of Lebanon signed Decree 9849 which modified the daily transportation allowance as per below: Each day of actual attendance at the work premises will be remunerated at a rate of 95,000 LBP for private sector emp...

Sep 1, 2022 1 min read

Client success story: International SOS

International SOS achieved sustainable global payroll process optimization through transitioning away from a legacy provider down to a single payroll management system

Aug 1, 2022 3 min read

Client success story: Kratos

Global payroll solution that complies with US Government contracting requirements

Jul 18, 2022 3 min read

Payroll Technology Firm Mercans Appoints Andre Voolaid to its Board

Andre’s appointment to the board demonstrates Mercans’ vision of becoming the global payroll technology leader.

Jul 18, 2022 2 min read

Pakistan Payroll Outsourcing Alert

Pakistan– Amends Personal Income Tax Rates for 2022-2023 Tax Year. On 30 June 2022, the President of Pakistan enacted the Finance Act of 2022. The Act provides for changes to the personal income tax rates

Jul 18, 2022 1 min read

Bahrain Payroll Outsourcing Alert

The employer contribution to social insurance for Bahraini nationals is increased by 2%, bringing the total contribution to 17%.

Jul 12, 2022 1 min read

Poland Payroll Outsourcing Alert

The latest round of policies, announced recently, will reduce income tax from 17% to 12% for those earning up to 120,000 zloty (€25,300) annually.

Jul 12, 2022 1 min read

Mercans Appoints Tatjana Domovits as its Group CEO

This announcement comes on the back of a record-breaking year for Mercans in 2021 and its ambitious plans that focus on driving revenue growth across all business lines. Mercans’ disruptive global payroll technology, which delivers native payroll processing capabilities a...

Jul 12, 2022 2 min read

Lebanon Payroll Outsourcing Alert

Lebanon – Sickness and Maternity Contribution Ceiling Amount Updated. On 23 June 2022, the Lebanon Ministry of Finance issued a decree that modified the ceiling amounts of Sickness and Maternity social security contributions. The monthly ceiling for social secu...

Jul 7, 2022 1 min read

Client success story: Migration from in-house payroll to Mercans’ payroll

Large multinational O&G company successfully migrated from their legacy payroll system to a fully managed payroll that created more ease and cost savings

Jul 4, 2022 3 min read

Lebanon Payroll Outsourcing Alert

Cost-of-living allowance introduced and new amendments to sickness, maternity and family allowances. On May 19, 2022, the Lebanon Ministry of Finance issued a decree that introduced a mandatory cost-of-living allowance, subject to the following terms: Emplo...

Jun 22, 2022 1 min read