International Employment

There’s a common misconception that payroll offerings are only necessary when your organisation reaches a certain size. However, small companies should not overlook partnering with a payroll provider that fits their needs, especially when they’re looking to expand into new regions.

Optimising your payroll process is no luxury in times of economic turmoil. The first step: mapping out the total cost of ownership (TCO) of your payroll. This allows you to make good use of your resources, lend focused support to your team, streamline your operations and generate transparency in complex times.

Over the last decade, we have been witnessing a shift in HR – and the current pandemic crisis is accelerating the trends. With issues and topics more polarising with every passing day, it is HR professionals that will be in the spotlight – now more than ever. Grasp this opportunity to embrace HR’s role as strategic partner and play an essential part in becoming an organisation of the future

In this increasingly globalised world, there is a vast array of opportunities for businesses to explore. For companies looking to expand their international reach, payroll is one of the biggest consideration factors.

Business leaders are always searching for dynamic new ways to improve their business strategy, but there's one source of data which still remains largely untapped. There is a wealth of potential strategy ideas to be found in a place businesses already have unrestricted access to - their payroll system.

Payroll is the lifeblood of an organization, so getting it right is crucial. When organizations branch out into new geographical locations, the risk of payroll mistakes heightens. It’s a scary thought for HR and payroll professionals. 

According to Professor Joe Perfetti from the University of Maryland, “The keyword for the 20th century was ‘speed’; the keyword for the 21st century is ‘agility’. And then COVID emerged to shake the business world up beyond our wildest imaginings. What does that does that mean for companies – and their HR teams?

In the digital world, ensuring that you have a healthy work/life balance has never been so important. However, in this ‘always-on’ environment, it can prove difficult to step away from the world of work and to take that all-important break from your seemingly never-ending to do list. Some HR and payroll professionals see the introduction of HR tech as another cause of stress, with many fearing that it will threaten the future of the industry. However, the introduction of automation and other technologies could be the answer to empowering the HR professional and maintaining a healthy work/life balance.

Managing an international workforce involves various specialist tasks, such as declaring taxes to foreign administrations, monitoring complex labour laws and elaborating attractive reward systems. That’s why most companies outcource these error-prone tasks. Both local and global HR providers can make a big difference, but remember to make well-considered choices. If you’re looking to truly bridge literal and figurative language gaps, a global partner with vast local expertise is your go-to option. Here’s why.