Payroll Outsourcing in Europe
White paper
In this whitepaper, Anish Rajparia, President of ADP Employer Services in Europe, discusses the emergence of payroll outsourcing in Europe.
For a company to run steadily and implement ambitious Human Resources Strategies, paying everyone accurate and on time is a basic requirement. Payroll is at the center of the relationship between companies and employees. At the European scale, Payroll is a particularly complex exercise.
When was payroll outsourcing invented? One thing is certain: payroll outsourcing has been around for a while. Demand for this kind of service remains strong today. More and more companies consider payroll a non-core function that could be outsourced. In fact, it remains the most outsourced function.
In Europe, the payroll outsourcing adoption rate ranges from 1% (Switzerland) to over 80% (in Belgium and Denmark). The payroll outsourcing wave spreads from northwest to southeast of Europe.
Payroll is the central component in 94% of Human Resources multi-country Business Processing Unit deals.
Payroll outsourcing has become an industry. Solution providers keep on innovating to meet the needs of their clients and comply with regulatory changes.
Getting ready for payroll outsourcing requires preparation and method. An outsourcing plan cannot be reduced to a “lift & shift” operation with a procurement-oriented view. For a successful long-term service, the client and service partner must agree on a clear governance mode, designate people “owning” the relationship and conduct regular performance reviews.
Post new comment