Horizons manages payroll for companies in more than 180 countries and regions. With our all-in-one payroll and Employer of Record (EOR) solution, you can streamline your international payroll and ensure local legal compliance.
We guarantee that all paychecks, severance payments, and fringe benefits are processed on time, and paid to your employees on the scheduled date.
With offices around the world, local payroll experts will provide personalized support and advice, no matter where you are based
Our team of experts handle both contractor and employee pay. With our contractor support services, we ensure compliant invoicing and payments.
Global payroll solutions (also called “international payroll solutions”) ensure that employees and contractors are paid correctly in every country in the world.
Horizons supports global payroll as part of its global Professional Employer Organization (global PEO) solution. Through this solution, also known as ‘Employer of Record’ or ‘EOR’, Horizons becomes the legal employer for a client company’s employees around the world. We manage payroll, deducts the required taxes and social security contributions, and act as an “employer of record” for tax authorities and other regulatory bodies.
Global payroll is just one of the services included in a Horizons global PEO solution. In addition to payroll, a PEO often offers talent recruitment and additional HR services.
Sometimes companies prefer to hire international subcontractors instead of having employees on the payroll. For these cases, Horizons offers a
payment service for freelancers.
With our contractor payment solution, we ensure that all contractors are paid efficiently and in full compliance with the law. We take care of currency issues and ensure that invoicing complies with local tax laws.
We also advise on whether the employment of a contractor could be considered
misclassification of an employee (“employee misclassification”) under local tax and labor laws.
If your teams are spread across multiple countries, or you want them to be, your company would normally need to deploy payroll staff at each location. Now that’s a thing of the past.
With global payroll solutions, you have a single partner to manage and distribute payroll and benefits for all international locations. You pay a single monthly invoice, while we make all payments to international employees.
Strict laws and regulations apply to employee payroll. Moreover, these laws vary significantly from country to country. For example, there is no standard method for withholding payroll taxes and social contributions, and each country takes a slightly different approach.
With Horizons’ payroll solution, you can ensure that employee payroll and benefits administration is done in full compliance with local laws.
A Horizons global payroll solution is the best way to ensure you are not hit with back taxes, interest and penalties from regulators for non-compliance.
Managing payroll and benefits is a specialized task. This means that in most cases, it is cheaper to hire a specialist like Horizons than to manage payroll yourself.
With Horizons, our global PEO and payroll outsourcing solutions save you up to 85 percent of the cost.
A key component of global payroll, in addition to distributing payments to employees and contractors, is managing employee fringe benefits, such as health insurance and pension funds.
As a payroll expert, Horizons has access to competitive fringe benefits that are typically not available to foreign companies.
Payroll laws typically require that employees be paid in their local currency according to established pay periods (e.g., biweekly or monthly).
For international companies, managing payments in multiple countries at different times becomes a problem due to currency fluctuations. With our global payroll solutions, you make one payment in one currency each month, and Horizons takes care of the rest.
Horizons will discuss with you the best approach to payroll for your company.
For companies that already have a local office in a country, this could be pure
payroll outsourcing. For companies that don’t have a local office, a global PEO solution could be an option.
If your company employs an employee abroad, but they still want to be paid in their home country, we can look into whether a shadow payroll solution is appropriate.
We collect basic payroll information for each employee, such as personal information and tax numbers, as well as the desired payment methods.
Payrolls are sent to all employees on a regular basis and according to an agreed schedule. All significant social security contributions and taxes are recorded and withheld as appropriate.
We submit the required reports and declarations to the tax and labor authorities in each country where you are located.
Yes. In addition to international payroll solutions, Horizons can recruit and hire employees with your support. In this way, we become the ‘Employer of Record’ for your workforce abroad.
Horizons not only takes care of the payroll itself, but also all mandatory employer contributions and employee fringe benefits. Depending on the country, this may include contributions to insurance schemes, pension schemes and workers’ compensation.