Developing a Cross-Border
Payroll Strategy
3 Steps to Ensure Better Payroll Management in Singapore
In a landscape where:
of disparities stem from variations in tax and labour laws across states/countries
struggle with complex and ever-evolving pay structures and more.
It's no surprise that Singaporean payroll teams encounter substantial hurdles. For navigating through these complexities, a robust cross-border payroll strategy must evolve from a mere option to an undeniable necessity.
In 2023, Ecosystm joined forces with Ramco to conduct a comprehensive survey study titled 'Future of Employee Experience.' This research deep-dived into the evolving realm of HR and payroll leaders, focusing on the strategies deployed by leading organizations to enhance the employee experience (EX).
Drawing from the insights, we present a transformative report that outlines the key steps to empower your payroll management in Singapore.
Here are the points at a glance:
Listening to Payroll Chalenges
Gain an intimate understanding of your payroll teams's pain points and obstacles
Automating Payroll Processes
Streamline and optimize payroll operations through effective automation.
Building Tailored Payroll Solutions
Craft specialized payroll frameworks designed for the expertise of payroll professionals.
Biggest Challenges of Payroll Teams in Singapore
70%
Differing tax and labour laws acrossing states/countries
61%
Multiple and evolving pay components
61%
Employees working from multiple locations
45%
Employees working varying hours
15%
Increasing number of part-time & contract employees
Take the leap towards the optimized payroll management by downloading our exclusive report. Elevate your employee experince and drive operational excellence today