If you’re in the global payroll or human resources industry and you haven’t heard about the General Data Protection Regulation (GDPR) yet, you might want to do a little catching up. GDPR is a new regulation that affects how European businesses handle their data storage and strengthen their data protection. When the GDPR takes effect on 25 May 2018 (after a two-year transition period), it will replace the data protection directive of 1995. Its main goal is to give EU citizens control of their personal data and how it is used.
At the Global Payroll Management Institute (GPMI), the GDPR is something leaders in the global payroll profession are watching closely. Since the new regulation was adopted in Europe in late April 2016, GPMI has been at the forefront of keeping global payroll professionals well-informed with updated news on the GDPR by offering classes, webinars, and providing articles and video on the data protection regulation.
Here are a few of the ways GPMI has kept its subscribers up to date on GDPR:
- Articles in Global Payroll:
- “GDPR’s Global Implications—Is Your Company Ready?” helping companies outside of the EU borders understand their need for compliance if they process data collected in the EU
- “12 Global Payroll Traps to Avoid,” where it referenced the WannaCry cyberattack as a reason GDPR’s requirements are an important step for businesses to take in the EU
- “Global Panel Discusses Coming Changes in Payroll,” on GPMI’s participation during the Global Payroll Management Forum presentation “The State of Global Payroll: Facts, Fears, and the Future for Your Organization.” During the talk, Ian Sparrow, Vice President of Global Payroll at ADP for Multinational Clients, joined the conversation from the audience and offered that the forthcoming (GDPR) is a “game changer.”
- “EU Data Processing Law May Affect Hong Kong,” which covered information that companies in Hong Kong need to know if they decide they are going to solicit or target, collect, store, or process any data on a citizen of the EU
- “Data Processing, Employee Consent Under EU’s GDPR,” on the six conditions that make processing EU personal data lawful
- “Webinar Examines GDPR’s Impact on Global Employers,” on the online class “GDPR: What Does the European General Data Protection Regulation Mean for Global Employers?” The webinar is currently available on demand.
- An interview with Bjorn Reynolds, Founder and Chief Guardian of SafeGuard World International, who mentioned that his company expects fewer questions about compliance once GDPR is implemented in the EU
- GPMI shared a development in the Vendor News section about Neeyamo moving its verification management system to Germany in accordance with the GDPR
- “U.K. to Bolster Its Data Protection Law,” on how the U.K.’s updates on its Data Protection Act will affect GDPR
- “Navigating the Impending EU General Data Protection Regulation,” which explained why multinationals with EU subsidiaries will need to scrutinize their current payroll practices at both the parent corporation and the subsidiary level
- “Five Global Payroll Trends to Watch,” which explained how GDPR was going to lead the industry in data privacy
- “Join Global Payroll Professionals for Education, Networking,” on the 2nd Annual Global Payroll Management Forum where workshops like “Are You GDPR Ready? What You Need to Know About Global Data Privacy Regulations” were being offered
- “Transferring EU Data to the U.K. after the Brexit Vote,” on how the GDPR could be problematic for the U.K. because of Brexit
- News Articles
- Classes/Webinars
- Videos
- GPMI produced a video on GDPR that described some of the directives that will need to be in place for the new regulation. The video features Michele Honomichl, Founder and Executive Chairman of Celergo.
Stay up to date on all things GDPR by visiting www.gpminstitute.com each month.
Kiko Martinez is the Associate Editor for the American Payroll Association and for the Global Payroll Management Institute. He has 15 years of experience in journalism and public relations.