Managing Offshore Payroll with Complete Confidence

All companies, whatever their size and function, have to carry out payroll management tasks. The complexities of this and the need for complete accuracy often present challenges and these can be costly in terms of both time and money. In the offshore industries, these challenges are often even more pronounced. The ideal solution is to outsource offshore payroll needs to Bachmann Group, a company with a track record of success that dates back more than half a century. 

There are many different types of offshore industries but one of the most notable relates to the sourcing, storage and distribution of vital oil and gas resources. Managing payroll in these dynamic sectors is a tough task but it is one that the expert team here at Bachmann Group are more than able to handle in an effective and reliable manner.  

Working through a number of trusted client companies, the offshore payroll management team here at Bachmann Group manage well in excess of 2,500 individual who work in various roles in the gas and oil industries across the globe. They are also responsible for managing around 1,000 employees who work to actively protect trade shipments which traverse locations that are dangerously affected by modern piracy. 

So what is it about the offshore sector that makes payroll significantly more challenging than in other sectors? To begin with, the workforce has a high mobility level due to the inherent nature of exploration, production and processing of crucial natural resources. Taxation rules can be extremely different from one another in different countries, a problem that is further magnified when you take the corres­pon­dingly-different currencies into account.

A growing number of clients are choosing to take advantage of the offshore payroll management services offered by Bachmann Group. We take care of everything, including calculating wages and making any necessary deductions before promptly paying them to employees' bank accounts in any currency, anywhere in the world. Though our services are available to clients in any location, we specialise in providing them to key oil and gas locations like Australia, Indonesia, West Africa and the Gulf of Mexico.

If you would like to learn more about the standard-setting offshore payroll management services available from Bachmann Group, please browse our website. You are then invited to get in touch with our team to discuss your unique requirements and start your journey to a bespoke payroll management solution.