Identify and monitor the global payroll efficiency metrics that will make a significant difference to your entire organization. Get the latest edition — published in May 2023 with an updated Payroll Difficulty Matrix
The metrics presented in the Payroll Efficiency Index report enable multinational companies to focus attention on global payroll functions to optimize processes, integrate workflows, and reduce costs.
The 4th edition of the report analyses payroll efficiency of multinational entities across the Americas, APAC and EMEA regions, based on 2022 data and tracking performance on a global, regional, and country level against 2021 data.
In the post-pandemic world, we have seen a change in global working habits. Covid, followed by the Great Resignation, the Cost of Living Crisis and the War for Talent have all led to new ways of working, resulting in lots of additional, ad hoc and out of cycle payments for payroll teams to contend with.
This is driving the adoption of payroll innovation, as organisations look to welcome new technology and embrace the Modern Pay Experience; however, these demands on payroll teams have contributed to slowing down the improvements in global payroll results that we might have expected.