04:05 GLOBAL
make compliance a natural strength?” I’ve worked across regions, roles and regulatory spaces, and if there’s one consistent pattern I’ve seen, it’s this: non-compliance doesn’t always come from bad intent. It usually comes from misunderstanding, assumption or disconnects between teams. I’ve seen small business owners unknowingly break local tax laws and large enterprises overlook rules due to silos and outdated manual processes they refuse to change because “we’ve always worked this way and we’ve not had problems”. In 2022, I supported an organisation with 900 weekly employees who’d been non- compliant with their UK pension scheme for eight years and had no idea. Their provider had set it up incorrectly, resulting in a very large amount of underpaid tax and NI for both employer and employee. They trusted the provider to keep them right. Now, you could argue liability lies with the employer, and it does, but realistically, do most clients know what to check? Isn’t that why they hire a provider in the first place? Imagine this: You hire an electrician
Compliance can become one of your biggest enablers of trust, growth and peace of mind. It will also become your competitive differentiation.
Compliance can become one of your biggest enablers of trust, growth and peace of mind. It will also become your competitive differentiation. The Strategic Mindset Shift Compliance can be one of the strongest enablers of global processes and education loops, it becomes more than your defence. Strategic compliance transforms organisations from risk-averse to risk-intelligent. You stop scrambling to fix issues and start anticipating them. You educate stakeholders and build processes that make compliance a natural growth if you let it. When embedded into systems, part of how you operate. The difference is profound. Reactive compliance asks, “How do we avoid getting caught?” Strategic compliance asks, “How do we build sound systems that
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GLOBAL PAYROLL MAGAZINE ISSUE 13
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