Customer Payroll Challenge:
This client was new to the Irish market and was introduced to Paycheck Plus through the IDA who were instrumental in bringing this company to Ireland. They were unaware of the details of employment taxes and legal system in Ireland. They were establishing a major operation in Ireland and needed to get a large number of staff from all over the world onto their payroll. They needed to be able to guarantee compliance in Ireland but also ensure that they were compliant in their country of origin and to ensure all reports were compatible.
Paycheck Plus understood that this client needed a trusted partner in Ireland and took a lead role in guiding them through the set up process. The Paycheck Plus Payroll Manager listened to their requirements for reporting and designed a system to meet those needs. Implementing a rigid data security and encryption system ensured total security of data in both processing and transfer of data. The Paycheck Plus expertise in Irish payroll meant their payroll and benefit payments system was set-up to maximise tax efficiency for the employees and employers.
With so much going on when they moved into Ireland, Paycheck Plus wanted to ensure that being an employer in Ireland was not a headache. A “Starter Pack” was provided for their international employees explaining how Irish taxation works. To relieve pressure on their HR Department, the Paycheck Plus Employee Assist Helpline was available to all their staff and dealt with any questions relating to registering in Ireland, payroll taxation, levies, deductions and entitlements.
Being an international firm operating in Europe, they also have a responsibility to report in their country of origin. To meet these needs, Paycheck Plus developed a procedure to calculate payroll here in Ireland, convert it into local currency and send it the client for cross-checking and recording before payment authorisation is given to Paycheck Plus. Taking care of payroll for employees on secondment in Ireland was also a requirement that was met by the team at Paycheck Plus. This helped them to retain their pension and social entitlements at home whilst ensuring complete compliance with taxation and legal requirements in Ireland.
Paycheck Plus partner with many high-profile international firms using Ireland as their European base. They make being an employer in Ireland easy … talk to the Payroll Team today to find out more.