System for global compensation of employees

摘要

An employee compensation system handles employees located world-wide using a single instance of global employee data. Compliance with various differing laws and regulations in separate countries is handled by separating and calculating unique requirements such as gross-to-net pay on a country specific basis. All other compensation tasks are processed on a global basis resulting in significant improvement and advantages over current art. Stock options and other benefits are likewise provided for using the single instance data.