04:05 Issue 2

GLOBAL PAYROLL MAGAZINE

23

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volved significantly, with to expand their reach into

The concept of a multi-currency workforce refers to employing individuals across different countries who are paid in various currencies. In Africa, this concept is particularly relevant due to the continent’s vast geographical and cultural diversity. As businesses increasingly recognize the value of tapping

into African talent, understanding the intricacies of managing a multi- currency workforce becomes crucial. By doing so, both employers and employees can benefit from enhanced operational efficiency, cost-effectiveness, and access to a broader talent pool.

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