Despite the recent instability of many national economies, a variety of companies have weathered the storm of financial uncertainty by looking globally to the international market place.

Whilst these previously untapped markets have consolidated the profitability and growth of such companies, their progress can also open up an entirely new stratum of complications and uncertainties with regards to timely and correct payment procedures for employees based in other countries.

Many multinational companies turn to external payroll agencies to provide comprehensive solutions to address these very real issues. Service providers of outsourced payroll solutions have the specialist expertise to guide multinational companies through the payment process and tax compliance for UK based employees, when the companies themselves do not have UK registered offices.

UK employees, plus those based in the Isle of Man, Guernsey, Jersey and the Republic of Ireland if applicable, can carry out their remits safe in the knowledge that regular payments will be received, alongside either hard copy or secure online payslips. This method alleviates difficulties for both parties that occur with payment by company cheques in a foreign currency, exchange rates and potential bank charges.

The multinational employer, regardless of where in the world it is based, can maintain management overview of staff payments in the UK and Channel Islands via secure reporting from their payroll company.

At Moorepay, the payroll services we offer to multinational clients also incorporate a dedicated help line for both employers and employees, pension reporting and the processing of annual tax liabilities.