How does Workday support international payroll processing?

Workday supports international payroll processing by accommodating different currencies and regulations. This capability is essential for organizations operating in multiple countries, as each country has its own specific payroll tax laws, social security requirements, and other regulations that must be adhered to.

By allowing businesses to process payroll in various local currencies, Workday ensures that employees are compensated accurately according to their respective local economies. Furthermore, this flexibility enables organizations to remain compliant with diverse regulatory requirements while managing their payroll systems efficiently from a centralized platform. This adaptability is crucial for companies looking to streamline their international operations and reduce the complexity associated with managing payroll across different jurisdictions.