How are companies preparing for Payroll of the future? Have a look at EY Global Payroll Survey and follow key trends for the HR department and workforce management.
Many companies are seeking to expand their global footprint to chase new revenue streams. This has payroll implications that companies need to consider as part of any exploratory process. As companies become more global, however, the need for greater compliance and standardization across jurisdictions becomes more acute. Meanwhile, legislation around the globe grows increasingly fragmented and complex. Governments contending with a perfect storm of declining revenues and rising costs of aging populations are pursuing more aggressive means of payroll tax collection, thanks to the advances of digital technologies. Download full report here