What’s the True Cost of Employing Someone Internationally?
When hiring a global workforce, finding the right people for your business is as much about their wants and requirements as it is about yours. The world’s top talent know what they’re worth — and they’re unlikely to settle for anything less. But [...]
Making Payroll Transition Easy: Process For Switching Payroll Outsourcing Service Provider
Payroll processing is a crucial activity for the business, which binds you to your employees closely. When you are not receiving appropriate services on time, it is best to shift your provider. You need a third-party payroll service that is better, more affordable, [...]
Onboarding New Payroll Outsourcing Vendor: Major Precautions and Steps
The past year has set in motion major changes in organisational functioning. Organisations switched from on-site to remote to hybrid workplaces. Inclusion and diversity became pertinent and the overall work culture changed for the better if one must say. Companies now focus more [...]
What Are Different Types Of Payroll Taxes In India: Exploring The Importance
With a population of 139 crores, India is one of the fastest progressing economies. Naturally, in every economy growing at this rate, there are several emerging sectors, technological advancements, and multiple trends. This growth requires companies to expand, hire new employees, and manage [...]
Reasons for Switching Payroll Service Provider
Working with the right payroll service provider is crucial for the performance of all businesses. Besides the wellbeing of the business, good payroll management is also important for the satisfaction of its employees. However, if your provider fails to meet your expectations incessantly, [...]
January 2022 Tax Returns — Is Your Business Ready?
The start of a new year is always a demanding time for payroll, human resources and accounts departments. And in the UK, January means tax codes, tax bills and tax returns. With all self-assessment tax returns due at the end of January, your [...]
Top Stories About 5 Major Challenges Faced By HR managers While Using Leave & Attendance Management System
Despite being an important component of payroll, leave and attendance does not get the kind of attention it should receive. If an organization sticks to conventional methods such as excel sheets, emails, timesheets, etc for managing attendance, errors are highly likely. Employee leave [...]
New Wage Code 2021: How Is It Impacting Your Payroll Processing?
As per the announcement made during the 2021 Union Budget, the New wage code 2021 has been proposed to be in effect starting from April. The New wage code is an attempt by the government of India to simplify the various regulations related to wages. [...]
Payroll Services For Streamlining Human Resource Policies & Procedures
Payroll services and human resources (HR) are two distinct functions within a business. While payroll processing is concerned with employee compensation, human resources are primarily concerned with employee relations. However, there are instances where the two roles overlap and are frequently performed by [...]
Navigating Employment Laws Post-Brexit
Brexit is officially done and dusted. Well, the trade deal agreement is at least… The signing of the Trade and Cooperation Agreement (TCA) on Christmas Eve means businesses in the UK and Europe finally know what they’re working with (sort of), and many [...]
The Right Direction: Developing Your Global Expansion Strategy
New markets and access to fresh talent. The chance to diversify product ranges and introduce additional revenue streams. Global expansion is essential for business growth and can open up a world of opportunities. But it can also be chaotic and highly stressful — [...]
The 5 Best Countries to Expand into in 2020
If you think your business could benefit from global expansion, then you’d be right! After earning a sizeable share of their domestic market, many companies reach a point when going global is the only logical next step. From exploring new markets and gaining [...]
Why Should You Expand Your Business?
When you’ve achieved a certain level of success in business, you’ll probably want to start thinking about expanding — maybe even internationally. In fact, in today’s global economy, you SHOULD be thinking about global expansion. While a growing number of companies are expanding [...]
What is Co-Employment?
In the United States, co-employment is popular. However, if you are based outside of the US, you might not be so familiar with the concept. Co-employment involves a unique business relationship between a company (the client) and a PEO (Professional Employment Organisation). This [...]
Debunking International Employment Jargon
Planning your global employment strategy is complicated enough without throwing in the industry jargon and similar-sounding acronyms. PEO, Global PEO, EOR, GEO — why are there so many Es and Os in everything?! But we don’t want confusing terminology to hold you back [...]
Why Engage a Global PEO?
For companies looking to directly employ a worker in a different state or foreign country, a Global PEO (Professional Employment Organisation) can prove incredibly useful. Also known as an EOR (Employer of Record) or GEO (Global Employment Organisation), a Global PEO takes [...]
Compliance: Doing the Right Thing
In the heavily regulated world of international employment, compliance should be the top priority for every PEO provider worth its salt. On the wall of PEO Worldwide’s head office, in letters half a metre high, are four words: do the right thing. It is a mantra repeated and reinforced [...]
Delivering a Premium PEO Service Every Time
What’s the next logical step after you’ve built a successful, scalable business with solid margins? Global expansion, of course! To access overseas talent, uncover greater sales opportunities and continue raking in profits, you need to tap into lucrative new markets and start benefitting from economies of scale. But how do [...]
Employee Investment Declaration – What Could Be Solution for Employer
The call from the accounts office or HR seeking details on tax savings committed for the current fiscal year is one that most employees despise. The employee investment declaration determines how much of their taxes will be deducted and when they must submit [...]
5 Things to Expect from Your Payroll Service Provider
Businesses are leveraging the concept of outsourcing as their strategy to operate smoothly and save costs. Payroll is an essential part of any business – big and small and reflects their reputation and financial stability. For businesses to focus on their core activities, [...]
Choosing a Payroll Service Provider: Things to Keep in Mind
Running payroll for your employees is no mean feat, and keeping up with the ever-changing legislation can make an already-critical task even more challenging and complex. This is especially true for smaller businesses, where business owners must wear a dozen hats to keep [...]
TopSource Worldwide Appoints Amit Kumar to Lead India Sales
TopSource Worldwide is proud to announce that Amit Kumar has accepted the position of AVP Sales to lead its all-India sales department. Amit is an optimistic and enthusiastic professional with over 13 years of experience in consulting and sales for HR solutions. Amit has [...]
India Payroll Services: Keeping You Compliant
Payroll plays a central function in every business — so, no matter if you're a large global corporation or you only have a handful of employees, it's crucial to get it right. There's no margin for error when it comes to payroll. Employees [...]
Overcoming the Obstacles of Global Expansion
After months of lengthy lockdowns around the world, the ‘red list’ is finally starting to dwindle. At long last, we’re beginning to see the world open up again following over 18 months of strict travel restrictions, and people are relishing in jetting off [...]
Paul Stevens Joins TopSource Worldwide as UK Head of Sales
TopSource Worldwide is proud to announce that Paul Stevens is now fully on-boarded and actively operating as the UK Head of Sales to lead its domestic sales department for UK payroll in a period of growth and transformation. Paul is a confident and highly experienced [...]
TopSource Worldwide chooses Ebury for international payroll payments partner
Ebury will support TopSource Worldwide’s growing client base of over a thousand businesses in making payments to thousands of employees Ebury’s proposition allows high volume time critical payments in over 140 currencies to 200 countries alongside a dedication to customer service Integration of [...]
TopSource Worldwide Shortlisted for Global Payroll Awards
TopSource Worldwide is delighted to have been selected for not one but two categories at this year’s Global Payroll Awards: ‘Global Payroll Team of the Year’ and ‘Professional Employer Organisation of the Year’. The Global Payroll Association received a record number of submissions [...]
Payroll and Tax Considerations for Hybrid Working
Gone are the days of spending five days a week in the office. If the past year and a half has taught us anything, it’s that employees across many different industries can work just as effectively from home as they can in the [...]
TopSource Worldwide Acquires Compandben
Growth plans continue at pace with third acquisition in nine months for Horizon Capital backed business TopSource Worldwide has acquired Compandben, one of the first global Employer of Record (EOR) and multi-country payroll (MCP) businesses. This is the third acquisition in nine [...]
Supporting Your International Expansion with Global Payroll Services
Global payroll allows businesses to hire anyone from anywhere in the world. Sounds good, right? But managing payroll for an international workforce is widely recognised as one of the most complex tasks a business can face when expanding globally. So, what’s the best [...]
TopSource Worldwide further strengthens UK payroll presence with acquisition of Select Payroll Solutions
TopSource Worldwide, the leading employer services, payroll and Employer of Record provider, has today announced the acquisition of Select Payroll Solutions. This is the second acquisition since being backed by Horizon Capital in December 2020. Following significant investment in central support services, [...]
Introducing TopSource Worldwide
TopSource Worldwide supports businesses’ local and international expansion plans – a true global employer services provider TopSource Global Solutions and PEO Worldwide have merged, forming a global employer services company. Backed by Horizon Capital, TopSource Worldwide provides local and global payroll, [...]
