Multinationals' guide to the 3 most common global payroll models

May 17, 2022

The benefits and challenges of the common global payroll models

Managing payroll at a multinational company can be fraught with challenges, including navigating diverse regulations, currencies and languages.

But multicountry payroll can also present various opportunities for the companies that realize its strategic importance and prioritize efficiency, local expertise and business intelligence. The key to this is finding the right way to deliver international payroll.

In this guide, we’ll walk you through:

3 different models of payroll: in-house, centralized and decentralized
The benefits, challenges and overall features of each
Questions to help you determine which one is the best fit for your company
Advantages of choosing the right model for your business

After you download the ebook, contact us to learn more about how our centralized platform, global managed payroll, can equip your international business with smooth payroll processing.

Previous blog

How long do you keep payroll records for a global business?

How long do you keep payroll records? 🤔 There are a lot of factors to consider—from compliance concerns to ...

Next blog

6 must-have features of a global automated payroll system

Looking into automated payroll? Technology can eliminate many of your manual payroll tasks and improve your...

Multinationals' guide to the 3 most common global payroll models

The benefits and challenges of the common global payroll models

Previous blog

Next blog

More on global payroll

Find out how streamlining your global payroll system will help you save time, reduce costs, and maximize efficiencies within your HR department.

Integrating global payroll with your Workday HCM extends the value of the platform to every country where you do business.

Danny Gillespie, President of Payroll at Safeguard Global, speaks about the benefits of HCM and global payroll integration.

Why is Australia hiring foreign workers? With the current talent shortages, companies often have no choice but to look to global markets.

Numerous important steps go into completing a successful payroll audit. Here’s all you need to know to conduct an error-free global payroll audit.

Most payroll pros would welcome a little more time back in their day. Check out five ways international payroll software can simplify your payroll process.

Our payroll solutions help you eliminate costly inefficiencies and uncover valuable labor cost insights with a single view of your payroll data.

Hiring workers in China? Learn more about employee severance pay requirements in China.

Undergoing a payroll transformation is no easy feat. Here are a few key things your multinational business should consider before taking on a transformation project.

Payroll transformation is no easy feat. But by following these five steps, you’re sure to be successful at transforming your global payroll process.

How long do you keep payroll records? 🤔 There are a lot of factors to consider—from compliance concerns to space restraints. We’ve got guidance.

Looking into automated payroll? Technology can eliminate many of your manual payroll tasks and improve your efficiency. See how it all works.

Did you know payroll expenses can eat up 30% of your revenue? If you're unsure how to reduce payroll costs, then don't miss out on these cost-saving scenariors.

PERA is a type of retirement account in the Philippines. Do employers need to contribute to this fund? Here’s what multinationals need to know.

Learn how a transition services agreement (TSA) can help your HR team facilitate a smoother transition during global M&A.

A fixed place of business is one type of permanent establishment. But it’s not the only way you can find yourself on the hook for taxes. Get the details.

What is payroll data? And how should your global business be using it to gain a competitive advantage? We’ve got the details.

What is the INSS tax? Who has to pay it? And how much does it add to an employer’s payroll burden in Brazil? Get the details in our blog.

A global payroll RFP is a robust document that should contain specific components. Here are some important questions you should ask to get the most out of the RFP process.

Payroll processes can become impaired for various reasons—and these reasons are often most evident in times of global expansion. Find out how a payroll transformation can benefit your business.