2016 kpmg global mobility forum · 2019-08-15 · 2016 kpmg global mobility forum. global payroll...

17-19 October 2016Eden Roc Miami Beach Resort

2016 KPMG Global Mobility Forum

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Global payroll complianceOvercoming the operational challenges

October 17, 2016



3© 2016 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved.

Global Payroll course descriptionMany have risen to the challenge and are confidently moving towards compliance. Some might be unsure where to start. A few are stuck somewhere along the way. This session will focus on solutions in a space where there is no “one size” fits all – a lively discussion among experts across the mobility industry – to tackle concepts like payroll delivery, assignment packages, resource and funding constraints, data collection, and change management within various in-house and outsourcing models. Our panelists will discuss “quick wins,” lessons learned and the biggest challenges of the past, present and future to implement a robust and sustainable compensation process.


Agenda

1 Introductions

2 Setting the scene

3 Client panel with interactive Q&A addressing end-to-end solutions

4 Key observations from the KPMG GAPP survey


Challenges in the marketplace

Instructpayroll data

Know what to report and

where

Manage deferred

compensation

Track trailing payments

Handle exceptions

Maintainpaycodes

Comply with tax and payroll obligationsCalculate

Grossups and separate from

reportable items

Compile year-end

statements by country

Identify missing compensation

Report total compensation

and cost

Determinenature of pay

elements

Global Payroll Management


Global payroll componentsMaintain

Compensation policy

Payrolls & pay elements

Generate

Instructions

Recurring

One–time

Identify

Paying

Shadowing

Process

Payroll reporting

Payroll calculations

Records

Pay results

Local paid items

Reconcile

Compensation & cost

Report summary


Panel discussion

United Technologies CorporationBrent Kuhls

Global Mobility Lead, Lockheed MartinDuane Graves

Senior Manager, Compensation at Marriott Valerie Warner

Global Mobility and Benefits Tax, EMEA, Intel Fenella Harper

Senior Manager, International Compensation Programs at MarriottYam Mok


Statement

My organization is focused on global payroll compliance and provides sufficient funding and resources to implement a robust solution.


QuestionDoes your organization have a single global payroll provider or does your organization manage a network of payroll providers?

Yes No Don’t know

A B C


Statement

A technology solution is the only acceptable means when it comes to preparing compensation packages for international assignees.


QuestionWhat type of tool/application does your organization utilize to manage assignee compensation and calculate allowances?

Homegrown tool

Excel spreadsheets or

similar

KPMG LINK Enterprise

A B C

Equus, Polaris, etc.

D

Other Big 4 application

E


Statement

Real-time compensation collection and payroll reporting via a centralized system is the only option and does not pose any challenges within my organization.


QuestionDo you have a high degree of confidence that assignee compensation is being collected from all sources AND is being reported locally as required on a timely basis?

Yes No Don’t know

A B C


Statement

Split payroll delivery must be implemented for international assignees.


QuestionWhich of the following statements best describes your organizations philosophy on delivering compensation to your assignees?

We pay all compensation

and allowances through home

country payroll.

We pay all compensation

and allowances through host

country payroll.

We pay base compensation through home

payroll and pay allowances through a

combination of home and host country payroll and relocation

provider.

A B C

We pay base compensation through home

payroll and use a relocation

provider to pay all allowances.

D

We pay base compensation through host

payroll and use a relocation

provider to pay all allowances.

E


Statement

My local payroll provider(s) is fully capable of executing instructions and providing transparent pay slips for international assignees.


QuestionDo your local payroll teams execute payroll instructions for assignees timely and accurately?

Yes No Don’t know

A B C


QuestionAre you confident that your local payroll teams are executing EQUITY payroll instructions for assignees timely and accurately?

Yes No Don’t know

A B C


Statement

A global relocation provider is not a prerequisite for success.


QuestionIf you have outsourced any part of your program, of the choices below, which was your primary driver?

Ability to control or

reduce costs

Improve assignee

experience

Technology capabilities that

were offered

A B C

Don’t know or not applicable

D


Statement

A full outsourced model is the only option in achieving global payroll compliance for international assignees.


QuestionDoes your organization outsource all or part of your global mobility payroll administration or compensation collection to another party?

We outsource both payroll

administration and

compensation collection.

We outsource payroll

instructions only.

We outsource compensation collection only

A B C

We do not outsource either

of these two activities.

D


Statement

Everyone is talking about data and analytics, but nobody is really doing anything about it.


QuestionTo what extent do you currently analyze data to strategically review the effectiveness of your global assignment program?

Always Sometimes Never, and no plans to do so in the future

A B C

Not currently, but plan to do

so in the future

D


Thank you

Kathleen Soderman

Contacts

Managing DirectorKPMG in the United StatesT: +1 973 912 6639E: [email protected]

Wojciech KupnyDirectorKPMG in SwitzerlandT: + 41 58 249 62 91E: [email protected]

© 2016 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved.

The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.

The KPMG name and logo are registered trademarks or trademarks of KPMG International.

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2016 kpmg global mobility forum · 2019-08-15 · 2016 kpmg global mobility forum. global payroll...

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