Global payroll refers to the management and processing of employee wages and salaries across multiple countries or regions within a single organization. It involves coordinating various aspects of payroll administration such as tax regulations, labor laws, currency exchange rates, and cultural differences.
Global payroll solutions streamline the complex process of paying employees accurately and on time while ensuring compliance with local regulations. This often involves utilizing specialized software or outsourcing services to handle payroll processing efficiently and accurately on a global scale.