Run Global Payroll - Outsource Your HR

Worried about global payroll?

You’re not alone. Payroll is a complex and daunting task for any company, but it’s especially difficult when you have employees in multiple countries. That’s where we come in. We’re experts at running global payrolls, and we can take the hassle out of the process for you.

Let us help you take care of your payroll needs so you can focus on what you do best – running your business. We know how to navigate the complex world of international payroll, and we’ll make sure everything runs smoothly so you don’t have to worry about it.

Sign up for a free consultation with our team today!

Global Payroll - Frequently Asked Questions (FAQs)

What Do You Mean By Global Payroll?

Global payroll is the process of consolidating an organization’s payroll streams into one place with the goal of standardizing data, and calculating and delivering payments effectively.

What Does A Global Payroll Include?

The global payroll process often includes navigating tricky hour and wage rules, and in some instances in multiple languages, adding to the complexity.

How To Set Up A Global Payroll?

You can set up a global payroll in just a few steps.

First, you must determine whether you want to use an online service or a traditional method.
Next, you will need to decide whether you want to use a third-party provider or build your own system.
Then, you will need to choose between using a cloud-based solution or setting up a server at your office location.
Finally, you will need to select a payment processor.

What Are The Benefits Of Global Payroll?

Global payroll solutions can help you save time and give your business easy access to critical information. Wherever your team is based, global payroll can allow you to pull the data you need quickly and at any time.

How To Avoid International Tax Issues?

If you plan to operate a business internationally, you should consider hiring a professional accountant who specializes in international tax law. This type of expert can help you avoid potential issues with taxes and regulations.

How To Manage Employees Across Multiple Countries?

You can use online accounting software such as Xero to manage your company’s finances. However, you will need to hire a local accountant to handle the tax laws in each country where you operate.

Why You Should Start Running A Global Payroll Now?

There are several reasons why you should start running a global payroll today. First, there are some countries that require employers to provide paid leave to new parents. If you operate in one of these countries, you will need to comply with local law. Second, there are certain industries that require overtime pay. Third, there are some states that require employers to offer paid sick days. Fourth, there are some cities that require employers to provide free meals during lunch breaks. Finally, there are some countries where the minimum wage is higher than what you would normally expect.

How does it work?

Peak PEO covers 47 countries for payroll administration. Once you’ve decided that you want to employ people in a new country, we will set you up with your own payroll specialist and manage the implementation of your new recruits for you.

Payroll is necessary to work out how much employees need to be paid, how much tax needs to be deducted from gross pay, report pay details to relevant tax departments in different countries and actually pay your members of staff.

Employee benefits are also covered under the payroll umbrella, whether that includes discounts, a pension package or private healthcare.

If you have different staff members operating in various countries, we can consolidate your processes and streamline them for you, managing the different payrolls to make life easier for you.

We receive many enquiries from potential clients looking to take advantage of routine payroll administration services, but this is easier in some countries than in others.

Occasionally, you may find you need to have a full legal taxable entity in your choice of country in order to employ staff, whether that’s a branch or subsidiary. And this is where employment services solutions really come into their own. Get in touch with us today to find out more.