NIUM - Meeting The Demand For Cross-Border Hiring: Innovating International Workforce Payment And Management - September 2022 - Discover how payment innovations help U.S. and U.K. firms streamline hiring, managing and paying cross-border workers

Meeting The Demand For Cross-Border Hiring: Innovating International Workforce Payment And Management

Compliance, Cybersecurity Are Top Challenges Firms Face Paying International Workers 

According to “Meeting The Demand For Cross-Border Hiring,” a PYMNTS survey of 250 US and UK firms in collaboration with NIUM, while hiring employees internationally offers access to a larger talent pool, it also exposes companies to complex management and payroll processes they’re often not prepared for.

Inside the September Report

  • 27%: Portion of firms that spend less than 25% of payroll on international workers that are very or extremely interested in innovating cross-border payment methods
  • 40%: Share of firms that cited cybersecurity as a challenge when managing cross-border workers
  • 46%: Portion of firms slightly interested in innovation that plan to innovate cross-border payment eventually, but not in the next year

    By completing this form, you agree to receive marketing communications from PYMNTS and consent to the sharing of your information with our sponsors, where applicable, in accordance with our Privacy Policy and Terms and Conditions. Sponsors may use this information to contact you directly. You may update your preferences or withdraw your consent at any time.

    to our daily newsletter, PYMNTS Today.

    Meeting The Demand For Cross-Border Hiring Report