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ARTICLE · 28 JUNE 2021

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The European Payroll Revolution Outbreak

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"Master your strengths, outsource your weaknesses." This is a well-known quote from American career coach and TV personality Ryan Kahn and cannot be more relevant to what is happening in the business world today.

European UnionEmployment and HR
George Georgiou
George Georgiou
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"Master your strengths, outsource your weaknesses." This is a well-known quote from American career coach and TV personality Ryan Kahn and cannot be more relevant to what is happening in the business world today. 

Post-pandemic we are seeing a renewed optimism in Europe, the European Commission's index of eurozone economic sentiment (ESI) has jumped to 114.5, close to its December 2017 peak. Add to this renewed interest from American and Asian firms eyeing Europe's €8.6 trillion consumer market. Furthermore, we are experiencing significant changes to the way business is being conducted, both on the customer side and operationally. One of these changes is the way companies are looking to hire and pay their employees whether they are working remotely or within an office environment. In the new COVID-19 free world and flexi work revolution, outsourcing the payroll function makes perfect sense for business continuity, scalability, compliance and cost control.

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