Everything You Need to Know About Global Payroll

Whitepaper

A complete guide to paying your workforce to take on a new dimension when operating on a global scale. What makes it so complicated? And how can you go about tackling the challenges? 

Introduction to this whitepaper

Payroll is one of the most crucial jobs for any business, so it’s paramount to get it right. Not only does each of your employees need to be paid on time and in their local currency, but they must also be paid in compliance with any country-specific payroll regulations. If it wasn’t challenging enough to adhere to all the requirements, payroll laws are constantly changing in every country worldwide. How can you be 100% sure that you’ve not missed anything? 

Unfortunately, payroll is also a highly time-sensitive and time-consuming process. On average, HR and payroll departments spend more than 36 hours a week solely on compliance-related activities around payroll — as much as a full-time employee would. 

So, what’s the solution? Outsourcing your global payroll to an international payroll provider that’ll do all the heavy lifting for you? Or are there more advantages to keeping it all in-house? We’ve explored everything you need to know about global payroll…