Tuesday, April 5, 2011

Payroll Outsourcing Gains Momentum in Russia

Payroll outsourcing is a global solution, one of the first measures to be proposed when internal processes undergo review and optimization. The business model sprang to life about 80 years ago in the United States and is now widely applied around the world. Recent research indicates that 70 percent of U.S. and European companies have outsourced their payrolls, although in Russia the outsourced payroll market is relatively young, dating back to the mid-1990s.

This means that the outsourced payroll market in Russia has been around for 15 years, which could be considered to be reasonably advanced. However, according to the first survey of this sector, by the Russian rating agency Expert in December 2010, outsourcing as a payroll solution remains relatively small (worth some $20 million a year) though growing by some 15 percent per year. While payroll services are provided by major finance and accounting groups outside the scope of their core businesses, there are very few specialized outsourcing companies operating on a larger scale. It was foreign-led providers like Intercomp Global Services who pioneered payroll outsourcing, along with other types of business process outsourcing in Russia. 

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e-Zest Solutions Ltd. is an ISO 9001:2008 certified & SEI CMMi Level 3 software outsourcing company with expertise and focus on outsourced product development/ product engineering solutions and enterprise custom application development.


  1. Outsourcing payrolling service is a smart idea for any business owner that doesn’t have the time or expertise to perform complex tax calculations. By hiring a payroll company, we get access to expert knowledge for a low price.

  2. Payroll outsourcing to a payroll company is often used as a way to save money of employee management and administrative costs.

  3. Payroll Outsourcing is really beneficial.Thanks for the information!!This information is really useful and important!!
    Payroll Outsourcing