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Meditations on global payroll strategy, technology, and the trends that are defining the future of the industry.
For most multinational companies it is incredibly difficult to obtain reliable, timely information about all of their employees in a consistent, consolidated format.
As we discussed in our previous article “Managing Payroll in Times of the Coronavirus”, Payroll teams everywhere are being impacted by the global coronavirus pandemic.
If you are working in a multinational environment, you have probably come across the term “shadow payroll” and you probably have a vague concept of it. But what exactly constitutes a shadow payroll and how does it really work?
In the payroll world, compliance is of utmost importance. Payroll is highly regulated and as an employer, you need to make sure that you pay 100% of your employees, 100% accurately, 100% of the time. Mistakes can be very costly and lead to major headaches.
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