Global Payroll
EXPANSION OF BUSINESS INTO GLOBAL MARKET
Expansion of business into global markets creates several complexities for the management of payroll. Organisations have to carefully navigate the legal requirements and obligations within each country to ensure compliance is upheld at all times. Our Global Payroll offering is based on our vast experience in innovative payroll processing, coupled with our network of global offices to provide in-country presence and support to your organization.
At 5 Rays, we offer value-added advice and payroll services, helping our international clients establish, maintain, and review accurate, timely, and easy-to-understand compensation programs.
Our Payroll Services Include
Preliminary Payroll Review and Recommendations
Reviewing our clients’ existing systems – as well as their specific payroll needs – our international teams work together to recommend a payroll solution that will promote accurate and efficient reporting in all applicable countries.
Implementation
5- Rays works directly with our clients’ internal payroll teams, third-party payroll service provider or individual company stakeholders to help implement accurate and effective payroll systems.
Compensation Gathering
Offering key support, 5- Rays professionals help our clients identify the sources and compensation for their various assignment benefits and allowances providers, while advising on any potential reporting and tax withholding requirements.
Our Payroll Services Include
Assignment Compensation Worksheets
We provide payroll data gathering summary spreadsheets with details of all compensation components, including assignment benefits by pay period and month, which can be further customized to meet each of our clients’ unique needs.
Home and Host Country Payroll Reconciliations
5- Rays offers our international business clients a year-end payroll review, which helps ensure complete and accurate payroll reporting and tax withholding. We then share information with our foreign counterparts to promote accurate reporting worldwide, as well as a detailed payroll breakdown.
Our Presence
