Payroll fraud happens in 27% of all businesses. Studies have shown that payroll fraud is more likely to happen in small organizations than in bigger ones. Some of the sensitive data that you need to store in order to be Compliant in Payroll in Germany includes Social Security numbers, wages, addresses, and bank account numbers. Any breach in this data can cost your company dearly both in terms of reputation as well as your financial standing.
Small companies often try to handle Payroll in Germany all by themselves thereby leaving such sensitive data vulnerable. Hiring a third party would not only bring up to date technology but also other best practices for payroll data security. Some of these practices which you can follow in house are as follows: Be aware of Phishing Schemes Phishing emails falsely claim to be from company executives and ask the employees for their personal employee information such as wages, addresses, bank account numbers etc. These emails are designed in a way that they appear utterly genuine. For example, they would reflect the real name of the company executive. The one thing these emails have in common is often a call to action link that takes you to an unfamiliar landing page. The best way to tackle these scammers is to educate the employees on how to spot a phishing email. The main things to spot is the reply email address which would not be a company email address. The employees can also be directed to confirm with the respective company executive in case any such emails are received by any employee. Paycheck Security Following some of these paycheck controls can help create a good defense against payroll fraud.
Separate Payroll Duties This is very helpful. Employing more than one person to handle payroll helps deter employee fraud. It is noted that bigger companies handle the anti-fraud measures in a better way. Still smaller companies can curb the fraud by ensuring a minimum of two people in payroll processing or outsourcing the payroll work to a payroll company. Strengthen Computer Security With improved technology and ease of life, there are a lot of potential ways to breach payroll data. With computerized payroll systems in place, strong measures need to be taken in order to prevent your systems from getting compromised. The following steps can help tighten computer security:
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“The Play Button Is The Most Compelling Call To Action On The Web.”
The incessant need for knowledge is what makes us humans stand apart from the rest of the creatures in the world. The continuous thirst for learning new things makes us a sponge for knowledge. According to the research made by public relations, marketing specialists and psychologists, people are most attentive when they watch a video as the audiovisual media demands full attention in order for someone to understand what the author is trying to say. After forming a GmbH in Germany, the next important step is to promote your business and the power of video will only increase over time. According to the trends so far, by 2019 , almost 80% of the internet traffic will be video. Studies have shown, your website is 53% more likely to appear on the front page of google search if it has a video in it. Use of Video marketing to reach your target audience helps you to boost your business and expand its reach online. Here are some good reasons why you should use Video Marketing after Forming a Company in Germany: Video Makes An Impact That Stays Longer And Helps In Building Trust As we mentioned earlier, in order to watch a video, the consumer needs to be fully attentive so they will be able to remember the content of the video for a longer time. Studies have shown that 80% of consumers are likely to remember a video that they have watched in the last month. The human brain has good visual information processing which means it is able to accurately and quickly process and analyze the information that is supplied to it, storing it in a visual memory that can be accessed later. In addition to this, audiovisuals help in building a sense of trust with the audience as they appreciate the effort that has being put into creating the video. This creates an impression that the company really cares about its image and is reliable. Video Making Is Affordable It is a common perception that video making would be expensive and complicated but this is no more than a myth. With an increasing demand for video marketing, there are a lot of video making companies that supply videos at affordable rates. In addition to this, you can use video making tools online and create a good informative video in-house. In fact, video marketing has become a cheaper and faster way of marketing with maximum ROI in terms of consumers. The WOW Effect As we mentioned earlier, by 2019, 80% of all the web traffic will be video. In addition to this,Google also loves videos. Using a promotional video gives the wow effect to your website and hence increases the user time on your website. This gives huge SEO advantages and makes you appear on the first page in a Google search. Wide Reach With all the good things we talked about video marketing, the best part about it is that it can reach millions of people in a short span of time. It is fast, stacked with all the necessary information and when we combine it with the social media, it can go viral so that it can gain millions of views within a short span of time. There is absolutely no other form of marketing that can have such a huge impact and reach to such a large volume of potential clients in such a short span of time. |
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