Cross-Border Payroll And Contractor Payments Report

Survey Shows Most Firms Need Help With Int'l Hiring and Payroll Challenges According to PYMNTS' new "Cross-Border Payroll And Contractor Payments" report, a collaboration with Nium, which spoke with 250 executives in the U.S. and U.K., there's a rising need and demand for innovation that can streamline friction-filled cross-border hiring and payroll efforts that have become increasingly common.
Inside the May Report
  • 47%: Share of firms that cited managing taxes as the most common challenge when hiring globally
  • 60%: Share of firms that reported hiring more international workers from 2020 to 2021
  • 33%: Portion of firms that said global expansion is their most important reason for hiring internationally

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