Alight Publishes Study Revealing European Nations are Challenged by Complicated Payroll Processes
29 Junho 2023 - 10:00AM
Business Wire
Mandatory deductions, social security calculations and reporting
requirements among key factors found in most complex countries,
with majority located in Europe
Despite recent simplifications in the United States, challenges
persist across multi-state payroll environments, making it the
fourteenth most complicated country for payroll
Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital
technology and services provider, today revealed the findings of
the 2023 Alight Global Payroll Complexity Index (GPCI): Top 40
Countries for Payroll Complexity. According to Alight’s research,
the 10 countries with the highest degree of payroll complexity
are:
- France, which retains its position as the most complex country
for payroll processing with a 10% increase in complexity score
compared to the 2021 GPCI.
- Germany
- Switzerland
- Italy
- Canada
- Poland
- Turkey
- Netherlands
- Belgium
- Slovakia
The GPCI notes the ten countries most impacted are 29% more
complex due to three key factors required in their payroll
processes; mandatory deductions, social security calculations and
types of governmental mandatory reporting. The study also
demonstrates an increase in complexity among governments that have
implemented new payroll requirements to support employees’ rights
and wellbeing.
“Each country has unique payroll structures, regulations and
requirements, making it increasingly difficult for multi-national
organizations to stay apprised of changing payroll regulations and
evolving employee needs,” said Cesar Jelvez, Chief Professional
Services and Global Payroll Officer at Alight. “Organizations that
lack the agility to deliver an effective payroll process are at
risk of reputational damage, payroll errors, non-compliance, and
failures when it comes to ensuring employee wellbeing.”
Compared to its 2021 ranking, the U.S. has decreased in
complexity by four points, moving out of the top 10 and into the
fourteenth spot in 2023. However, despite recent simplifications in
payroll processes, challenges persist, particularly in multi-state
employment scenarios.
The 2023 study highlights the workplace evolution on payroll
since the 2021 GPCI and the progress made by organizations to
manage payroll complexity. Organizations have demonstrated that by
investing in payroll strategies and technologies to support
employee-led cultures with earned wage access, transparent
calculations and diverse benefits, they are able to simplify their
infrastructure. As a result of these types of investments, the 2023
GPCI shows a 6% reduction in payroll complexity compared to 2021,
driven by technology and process innovations.
“Multi-national companies face considerable complexity in
managing global payroll and having a partner that can help them
standardize and simplify payroll processes across countries is
indispensable,” said Jelvez “Alight’s expertise in global payroll
combined with our ability to integrate into a single platform,
provides employers with the data and analytics capabilities they
need to drive a differentiated payroll experience with measurable
outcomes.”
The 2023 Alight Global Payroll Complexity Index (GPCI): Top 40
Countries for Payroll Complexity is a biennial benchmarking survey
that ranks the complexity of payroll processes in the top 40
countries of the nearly 200 countries were Alight processes
payroll. The report examines crucial payroll requirements across
countries including tax regulations, mandatory deductions, social
security contributions and reporting requirements.
For a full list of the top 40 countries in Alight’s 2023 Global
Payroll Complexity Index please visit
https://www.alight.com/thought-leadership/2023-global-payroll-complexity-index-report
About Alight Solutions
Alight is a leading cloud-based human capital technology and
services provider that powers confident health, wealth and
wellbeing decisions for 36 million people and dependents. Our
Alight Worklife® platform combines data and analytics with a
simple, seamless user experience. Supported by our global delivery
capabilities, Alight Worklife is transforming the employee
experience for people around the world. With personalized,
data-driven health, wealth, pay and wellbeing insights, Alight
brings people the security of better outcomes and peace of mind
throughout life’s big moments and most important decisions. Learn
how Alight unlocks growth for organizations of all sizes at
alight.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230629448616/en/
Mariana Fischbach mariana.fischbach@alight.com
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