Although all respondents to the Global Payroll Association (GPA)
and TMF Group's annual
industry trends survey operated internationally, a shockingly
high seven out of 10 said they had no global policies that applied
to all payrolls. A similar pattern emerged in the case of
processes.
Darren Beal, TMF Group HR and Payroll Portfolio Director,
isn't surprised by the results.
"It's easy to see how these gaps occur," he says.
"If you're a company starting up in a new territory, you
might start with just one or two people who will be tasked with
building up that new market. You won't have an HR, Legal or
Payroll department in that country. The main focus will simply to
get these individuals paid. But where are the regular business
controls, the sign-offs, the approvals? In real fact you are just
getting by in that country; potentially lapsing outside the legal
expectancy of that country, or outside your own global
procedures.
