Global Compensation Management
Companies with employees working across multiple jurisdictions face unique challenges. They must deliver the correct pay for complex situations whilst meeting reporting requirements to local tax authorities, all the while managing costs and ensuring employee motivation.
This involves the creation of an overarching infrastructure, cross border coordination, with continuous monitoring and updating to ensure efficiency and effectiveness.
Issues and trends
Compensation Collation
In order to meet payroll compliance requirements it is important to bring together global compensation for all assignees and feed this data as required to each home and host country payroll. GCM assists clients with these projects and provides bespoke feeds to each payroll, coded and formatted to meet local requirements.
Our solutions
Deloitte’s approach to global payroll is much more than just payroll outsourcing: payroll is a key element of providing a holistic solution to employee and assignee compensation management. Our team provides a variety of services to clients dealing with the challenges of payroll, tax and social security compliance for international assignees.
We design models that bring the following benefits to our clients:
- Robust reconciliation for accuracy of pay delivery
- Clear communications to provide employees with clarity around pay delivery in home and host locations, managing employee motivation
- Specialist experience around international assignee compensation processes and local payroll compliance
- Solutions to corporate reporting responsibilities (e.g. compensation reports to tax providers, recharging, directors’ emoluments, etc)
- Cost minimisation by driving tax saving ideas through the payroll process
- Reports that can feed into local bookkeeping systems to simplify administration and reduce the re-keying of data.
Useful links
Share this page
 |
© 2012 Deloitte LLP. All rights reserved. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity.
Please see About Deloitte for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its Member Firms. View our accessibility statement.