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Three Global Payroll Trends to
Watch in 2011 |
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| As the global economy recovers, many organizations are beginning to look for growth opportunities in new countries and regions. In the past, payroll administration was not considered a high priority, but that is changing.
Here are the three Global Payroll Trends to watch in 2011:
- Increased Desire for a Single Platform: In the past, many global organizations “siloed out” their in-country payroll processing. A local accounting firm or company was handed the payroll to run independently. Interaction with the corporate payroll department was typically restricted to reporting and troubleshooting.
This mindset is changing rapidly. A recent survey of 150 senior level HR/PR executives found over half looking for a single platform to service multiple countries. This trend is being driven by increased concerns over in-country compliance and an urgent need for consolidated payroll reporting.
Read on to learn more about the payroll trends to watch in 2011. |
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