Breaking Down Borders: Payroll Around the World

Whitepaper

Ensuring all your workforce is paid on time, every time with a seamless multi-country payroll service.

Introduction to this whitepaper

With the concept of remote working ramping up and becoming increasingly popular, more and more businesses have started to hire internationally — branching out into new locations to tap into a diverse worldwide talent pool.

But it’s not without complications. One of the biggest challenges of hiring overseas workers and operating across multiple jurisdictions is keeping up with the ever-changing rules and intricacies of global payroll.

According to a survey conducted by the Global Payroll Association, nearly 80% of respondents considered local employment legislation and regulatory compliance as the principal barrier to entering new countries, and 51% said adherence to different payroll processes was a major obstacle.

Payroll varies significantly from country to country. What goes in France won’t go in the US — not even in neighbouring Spain. As such, keeping on top of global payroll practices and regulations can quickly become a full-time job in itself.

Fortunately, a global payroll provider like TopSource Worldwide can help you avoid the headaches, costs and time associated with expanding internationally — providing compliant and consolidated payroll processing through a worldwide network. Our international payroll service can be accessed anytime, anywhere — giving you complete visibility over payroll data for all employees, no matter where in the world they’re based.