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Global payroll is the process of managing employee pay and benefits across multiple countries. This can include managing tax compliance, calculating wages in different currencies, and ensuring that employees receive the correct payments on time.

By outsourcing global payroll, you can free up time and resources to focus on other aspects of your operations. On top of that, the payroll experts at Global Expansion have a deep understanding of local employment laws and regulations, which can help to minimize the risks associated with managing a global workforce.

A global payroll provider streamlines the payroll process by centralizing all of the data and providing a single point of contact, simplifying data pulls and reviews. This saves you time and money by reducing the need for multiple payroll providers and platforms.

Second, a global payroll provider can offer expertise in local labor law compliance. This is especially important for businesses expanding into new, unfamiliar markets.

Global payroll providers can provide currency conversion services, which can save businesses money on foreign exchange fees.

Finally, a global payroll provider can offer access to employee benefits programs, which helps to attract and retain top talent.

Payroll and tax rules change from country to country. Paying employees in different countries requires that you calculate different payroll rates and tax deductions, which can be time-consuming and mistake-inducing.

Global Expansion offers a centralized service that coordinates your entire payroll options in one place. Our local payroll experts get your employees paid correctly and in their local currency. Plus, you won't have to deal with paperwork since all reports are compiled on our award-winning software.

We can also assist with the option of "shadow payroll," meaning the employee remains on their home country's payroll. A shadow payroll benefits organizations by protecting them from paying fines and penalties associated with non-compliance while an employee lives abroad.

Shadow payroll means the payroll in an employee's host country will "shadow" what is being reported in the employee's home country. Think of it as a parallel income and tax reporting structure. It aligns with the employee's home country's reporting requirements while simultaneously satisfying the host country's reporting rules.

When sending an employee to work abroad, an organization faces several challenges, such as payroll and tax in the host country. Instead of having to create a legal entity in the host country to maintain compliance, a shadow payroll benefits organizations by protecting them from paying fines and penalties associated with non-compliance while an employee lives abroad.

Yes, we offer a complete global payroll solution and staff dedicated to handling the process from A to Z. We see that every salary is paid out on time, in the local currency, and accurate down to the smallest detail. No matter where your employees live, we can pay them on time, every time.