What are the challenges in managing payroll for a global workforce with multiple jurisdictions?
- Centralized control over payroll functions
- Compliance with diverse tax regulations
- Limited impact on employee mobility
- Standardization of payroll processes
Managing payroll for a global workforce with multiple jurisdictions poses challenges, with compliance to diverse tax regulations being a significant concern. Ensuring adherence to the tax laws of each jurisdiction is crucial to avoid legal issues and financial penalties.
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