Coping with a globalized payroll

International payment strategies can save employers from headaches
By Don Banowetz and Tracy Micciche
|Canadian HR Reporter|Last Updated: 03/30/2017

Rapid advances in technology over the last few decades have enabled businesses of all shapes and sizes to go global to find and develop new markets for their products around the world.

But globalization can create new challenges of its own, and one of the biggest is how to manage a globalized payroll. Technology can also effectively address these challenges.

Organizations often find the impediments to achieving accurate, timely payroll payments increase exponentially when they expand operations abroad.