Guide
Free Global Payroll Guide [With Expert Insights]
Global payroll
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Ready to uncomplicate global payroll management?
Managing payroll functions for a range of different countries is complex.
Local tax regulations, compliance with local employment laws, and employee data security are just a few of the challenges you’ll face. Multiply them by the number of countries you hire from, and you get a time-consuming task on your plate, where any mistake can have hefty financial penalties.
When a CFO starts having ten or fifteen [entities], it starts to be a real mess to manage. They work with local payroll managers, they get Excel files, and they try to consolidate. They have no real visibility on what Social Security is in France versus the Netherlands versus Japan. It starts to be really complicated.
—Alex Bouaziz,
Co-founder and CEO, Deel
With this guide to global payroll management, you gain a detailed overview of your global payroll options: hiring an in-house payroll team, working with vendors for more complex countries only, or outsourcing the whole process to a global payroll provider. You’ll learn about the advantages of each option and get valuable tips to help you take your next step.
Who will benefit from this guide
- C-suite decision makers
- Finance and human resources leaders
- Legal and procurement teams
See also
Frequently asked questions about global payroll
FAQs
What is global payroll?
Global payroll refers to the centralized process of calculating employee wages, withholding taxes, administering employee benefits and bonuses, and delivering payslips and payments to your employees in different countries in compliance with their local legal requirements.
What is the difference between local payroll and global payroll?
Local payroll typically pertains to the compensation and associated compliance matters for employees within a specific country or region. It involves adhering to the local tax regulations, labor laws, and other statutory requirements unique to that particular location.
Global payroll refers to the management of payroll processes across different countries or regions where a company operates. It involves the coordination and integration of payroll systems while addressing the complexities of various tax systems, labor laws, and cultural differences in each location.
What are the benefits of using a global payroll service provider?
Implementing a global payroll system offers several key advantages for companies pursuing global expansion:
- Consistency and compliance: Ensure uniform payroll processes across locations, adhering to diverse international tax laws and labor regulations
- Efficiency and accuracy: Automated systems reduce errors, streamline workflows, and ensure timely, precise global payroll processing
- Cost savings: Centralization eliminates redundancies, lowers administrative overhead, and capitalizes on economies of scale
- Holistic reporting and analytics: Robust tools offer insights into global payroll data, aiding informed decision-making and strategic planning
- Risk mitigation: Centralized systems incorporate local compliance requirements, reducing the risk of non-compliance
- Scalability: Easily adapt to organizational growth by scaling the global payroll software to accommodate new markets and global workforce changes
- Improved employee experience: Timely and transparent payroll processing, coupled with self-service options, fosters trust and satisfaction among employees
- Strategic resource allocation: Automation of routine tasks allows HR professionals to focus on more strategic activities, contributing meaningfully to overall objectives
What is Deel’s Global Payroll solution?
Deel’s Global Payroll is a fully managed payroll solution for global teams. It centralizes payroll processing for all employees hired under your legal entities and covers all compliance-related matters, including:
- Employee benefits and deductions
- Tax filing with local authorities
- Salary and tax payments (where applicable as per local laws)
- Payslip creation and delivery
- Localized contracts and documents
- Compliant onboarding and offboarding
What are the benefits of using Deel’s Global Payroll solution?
Traditional multi-country payroll solutions often use third-party payroll partners or an aggregator model to run payroll operations.
With Deel, however, you’re supported by our team of in-house payroll managers located across 100+ countries. You also have a dedicated customer success manager and 24/7 in-app support.
By using Deel, you can also benefit from:
- One centralized platform to manage direct employees, independent contractors, and employer of record (EOR) employees
- Best-in-class data protection, enterprise-level security standards, and GDPR compliance
- Integrations with 20+ HR and accounting integrations and an API
- Standardized global reporting and customized dashboards
- Deel HR for workforce management (free for companies with up to 200 people)
- Visa support from immigration experts
- Streamlined provisioning: Equipment, automated background checks, flexible workspaces, and more
More Resources
- Watch: The Power of Global Payroll: How to Streamline International Operations and Ongoing Admin
- Watch: Expand your team with global payroll
- Watch: How Deel Runs Payroll through Deel
- A Guide To Switch From EOR To Payroll With Owned Entities
- Where You Can Run Payroll for International Employees with Deel
