In today's fast-paced and interconnected world, Binks Overseas Limited specialises in assisting businesses and contractors to work globally. With our expertise and dedication, we have successfully supported numerous clients in expanding their reach and pursuing international opportunities.
One such client is a large organisation based in the United States that provides engineering consultancy services worldwide. The company had a global presence but was not able to efficiently offer a USA payroll service to a number of contractors working on the Outer Continental Shelf (OCS). The contractors that had been selected for the OCS project were foreign nationals from The Philippines and South America – this added a multi-faceted element to the payroll processing. That's when they turned to Binks Overseas for guidance.
Binks Overseas took the time to understand the unique needs and goals of the client. They conducted thorough research and analysis to develop a comprehensive strategy that would enable the business to pay the contractors compliantly and efficiently while working on the OCS. This strategy included meetings with all major stakeholders in the client business to fully understand the need, the existing challenges and what the desired outcomes were. This was followed up by a bespoke onboarding process that would allow the contractors to have employment contracts suitable for the varying roles and responsibilities in the project, to have a regular payroll to multinational bank accounts and to have a point of contact on the Binks team that was their dedicated account manager should they have queries.
This client is onboarding contractors regularly with Binks, we have a reporting system that allows the client to send a spreadsheet of hours worked per contractor with expenses that results in a payslips to each contractor and payment on a regular date each month with all required in-country mandatory payroll reporting taken care of. We are withholding correct taxes for OCS work so that as the tax liability becomes due each year, the contractor has already had the funds deducted and therefore no surprises further down the line – this gives the contractors involved a level of confidence that they are employed and being administered in the correct way.
Working with Binks Overseas, the client was able to successfully set up operations in this sector and maintain the highest level of service that their clients have come to expect. Hear what the client had to say below:
"I value our relationship and it has exceeded my expectations. Jeanette, Carla and the rest of the Binks Overseas team have been great to work with."
This success story was just one example of how Binks Overseas made a meaningful impact on the businesses and individuals they served. Their dedication to helping clients work globally had not only ensured a smooth payroll service for 100+ contractors, but it has also meant that the client can focus on their development without the hassle and worry of a compliant USA payroll solution.
Binks Overseas continues to be a trusted partner for anyone looking to expand their horizons and seize opportunities on the global stage. If you are looking for a payroll and/or immigration solution for your global workforce, please contact Binks Overseas today.
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