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

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