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Insights

Organizations continue to push the limits of their business operations by chasing organic and inorganic growth opportunities to enter new markets. Although many organizations are already embracing their global models, 55% say they will continue to expand business operations internationally in 2017. This number has grown from 2013, when only 35% of organizations responded similarly to this question. We expect to see this trend continue in the future.

More than ever, payroll considerations are being introduced in the planning phases of business expansion, reducing the risk of non-compliance and allowing payroll operations to scale with the business. This year, 84% of organizations report payroll participation in initial conversations, supporting the planning and implementation phases of global business expansion. This is a stark increase from 2015, when only 38% of organizations reported being involved from an early stage.

Are you planning to expand your business into new global markets?

Are you planning to expand your business into new global markets?
Base: All respondents (n=)
Note: 2017 and 2013 data include 'don't know' as an option

What regions are you looking to expand into?

What regions are you looking to expand into?
Base: Businesses looking to expand to global markets (n=)

Have you incorporated your expansion plans into your payroll service delivery model?

Have you incorporated your expansion plans into your current payroll administration model?
Base: Businesses looking to expand to global markets (n=)