Global difficulties persist for payroll

‘Doing business across borders has hidden complications’: Expert
By Sheila Brawn
|Canadian Payroll Reporter|Last Updated: 02/28/2018

While running a payroll in one country can be difficult, two recent surveys shed light on the challenges that face payroll professionals working for global organizations.

Not only must they comply with payroll rules in each country where staffers are employed, they must sometimes work with a number of different payroll service providers and contend with issues such as global reporting and language and time zone differences.

“Doing business across borders has hidden complications. Legislation and regulations can be broadly similar, but there will usually be small differences which can trip up an unwary payroll professional,” said Darren Beal, HRP portfolio director at TMF Group in the United Kingdom, which provides financial, legal, HR, and payroll administrative services to businesses.