keyHRinfo.com  offers services in areas of payroll implementation, payroll data migration, payroll consolidated reports and analytics to international companies with presence in Hungary. The accuracy, privacy and on time salary transfers are most important both from payroll, as from the employees point of view. While there are different methods to make the wire transfers, using bank files for salary transfer is a secure one, as the information about the transfer is encrypted

Crisis management is not just about strategy; it’s about people, processes, and trust — and . HR and payroll sit at the center of all three. In times of crisis — whether economic downturns, natural disasters, or global disruptions — HR and payroll teams become the silent stabilizers of an organization.

The discussion on how payroll transparency could change workplace trust, should not stop at the subject of trust, but also the contrast with GDPR. Until now, the salaries have been even conditioned by NDAs, and now suddenly it is a public information. Unfortunately, employees will not have any possibility to protect this part of their information, which in many cases can create discomfort and tension between employees.

Maintaining a seamless payroll process is crucial for every organization. Payroll irregularities can lead to serious consequences, including financial discrepancies, legal issues, and diminished employee morale. They can occur for a variety of reasons—from human error to outdated software systems. Understanding them is essential for safeguarding your payroll against irregularities.

Aligning HR and payroll functions with company goals is essential for driving growth, improving efficiency, and ensuring compliance. When HR and payroll work together strategically, organizations can better support their workforce and achieve long-term objectives.

For decades, the Human Resources Information System (HRIS) was the digital equivalent of the old filing cabinet- for storing employee data, managing compliance, and running basic payroll. It was transactional, reactive, and rarely invited to the strategic leadership table.

Knowing the differences between salary types gives the advantage to employers to better craft their offers to new workforce, to leverage the advantages of these differences to obtain leverage and employee satisfaction, to make the necessary changes if the business needs it and also to keep competitive industry specific salaries.

Regardless of the size of the company, there are always challenges to handle, HR and payroll being part of them too. However, there are strategies and processes that can help navigate them. Working as a small business owner, has its challenges and its rewards at the same time.

Payroll can be a complex process in case of companies with diversified activities, but also in case of big companies. One way of optimize it is through payroll processing with ERP systems (Enterprise Resource Planning)., which becomes a hub for payroll related input and output.

Though AI has been used in many areas, including for business purposes, it is still considered expensive, complex and might replace jobs.

payroll must evolve to match it. Micro-payments represent more than a technological innovation; they symbolize a cultural shift toward empowerment, flexibility, and immediacy. As organizations embrace this change, they’ll not only modernize their payroll systems but also redefine what it means to be paid fairly and on time in the digital age.

There are many skills and knowledge that are needed for managing a company. One of them is payroll budgeting for company owners. Payroll is a recurring cost, and paying out the salaries of the employees on time and correctly, it is a cornerstone of trust and reputation.

Digital currencies like Bitcoin are starting to become alternatives to traditional salary payments. Though it is a special form of payment, some companies and employees are opting for this method. It's use differs from country to country, so before using it as a payment method double check your country's legal requirements.

Mothers in Hungary benefit from different tax allowances in 2025. These tax allowances apply to the income of the mother, some can be split together with the spouse, for some only the mother's are entitled to.

Payroll is a significant cost in the case of non profit organizations. The money to cover the payroll costs is coming from funders and from grants. Funders have specific requirements for employee compensations. The payroll of non-profit organization has to comply to the legal and at the same time to the funder's requirements too.

The evolution of the way of payroll being done has seen several revolutionizing stages. Major ones: digitalization, and now using AI and ML

On how compensation shapes motivation and trust, depends the efficiency of understanding the influence on the relationship with the employees. One way to showcase payroll relate information, beyond boring and number filled reports, is payroll story telling.

Payroll data my not always be broken down and represented in accounting in full details. However, if it did, then it could offer valubale insights about direct and interacted payroll costs. However, alternatively the payroll statistics can do the same, thus finance can easily identify these costs within its own data.

While blockchain offers immense potential, challenges like regulatory compliance and adoption barriers remain. It is in use by companies.

Each country has its own rules and regulations in regards salaries. Hungary has simplified the payroll related tax structure. It also gives to the employees lots of tax exemption possibilities.