Payroll can be one of the most complicated aspects of any business, but it will also be among the most important administrative tasks to get right.
One of the most common sources of payroll noncompliance is losing track of the large number of records that HR and payroll departments need to create, manage, and maintain.
Seventy-three percent of all departments will include remote workers by 2028. With this massive surge in remote workers, companies should be aware of global payroll complications.
Payroll compliance achieves more than meeting tax and labor laws—it creates a positive working environment for employees, ensuring they are provided fair compensation for their labor.