WASHINGTON--(BUSINESS WIRE)--The American Payroll Association (APA), the Global Payroll Management Institute (GPMI) and Mercer (US) today announced their sponsorship to advance the Mercer Payroll Benchmarking Survey (MPBS). The survey provides further research on the global payroll function and gives companies industry benchmarks to enhance and improve business processes.
“The APA is pleased to work with Mercer and GPMI to further this ground-breaking research for the payroll industry,” said Dan Maddux, executive director of APA. “The survey’s unique and comprehensive focus on understanding the ‘context’ and ‘content’ of global payroll sets it apart from all other payroll benchmarking surveys in both quality and insight.”
“This survey is groundbreaking in its breadth,” said Brian O’Laughlin, corporate attorney for GPMI. “The participation of top global brands like Wells Fargo and Starbucks, among others, ensures we are examining the best of breed in global payroll practice.”
The payroll benchmarking survey is destined to provide the backbone for the premier payroll benchmarking database in the industry, based on the structure, quality, and costs of delivering payroll services globally. Its content allows organizations to view all factors globally, regionally, and locally on a country-by-country basis and to compare themselves against their peers.
“The MPBS not only fills a critical gap in our knowledge about the costs and operations of the global payroll function, but it also provides insights about the strategic implications of different payroll operational models,” said Tom Jacob, senior partner in Mercer’s Information Solutions practice.
The survey has two major components. The first component assesses the global strategy set by the organization including organizational, people, process, and technology strategies. The second component focuses on local country operations, specifically providing tactical and operational surveys covering payroll costs for more than 27 countries.
Companies with domestic or global payroll operations are invited to participate in the survey. Interested parties can take a short survey on payroll efficiency and innovation models and receive a free highlights report on either the global or domestic perspective at iMercer.com/MPBS.
The American Payroll Association (APA) is the nation's leader in payroll education, publications, and training. The nonprofit association conducts nearly 500 payroll training conferences and seminars across the country each year and publishes a complete library of resource texts and newsletters. Every year, more than 68,000 professionals attend APA training sessions. Representing more than 20,000 members, APA is the industry's highly respected and collective voice in Washington, D.C. Visit APA online at Americanpayroll.org.
The Global Payroll Management Institute is a world-wide organization that provides top-quality education, training, and leadership to global payroll leaders. GPMI publishes Global Payroll magazine and offers numerous educational resources to help companies effectively manage the challenges of paying their employees around the world. Visit GPMI online at GPMInstitute.com.
Mercer is a global consulting leader in talent, health, retirement and investments. Mercer helps clients around the world advance the health, wealth and performance of their most vital asset – their people. Mercer’s more than 20,000 employees are based in more than 40 countries and the firm operates in over 130 countries. Mercer is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global professional services firm offering clients advice and solutions in the areas of risk, strategy and people. With 57,000 employees worldwide and annual revenue exceeding $13 billion, Marsh & McLennan Companies is also the parent company of Marsh, a leader in insurance broking and risk management; Guy Carpenter, a leader in providing risk and reinsurance intermediary services; and Oliver Wyman, a leader in management consulting. For more information, visit www.mercer.com. Follow Mercer on Twitter @MercerInsights.