The client, their challenge
Our client is a fast-growing start-up with an international footprint, headquartered in Switzerland. While the parent company operates from Switzerland, many employees are based in different countries, leading to a complex payroll structure. Additionally, the company faced high employee turnover and had a sophisticated compensation model, including a blend of fixed and variable salaries, employee share plans, and several external contractors. Managing these complexities internally became increasingly burdensome, especially for a company focused on scaling its operations.
The solution
IQ-EQ was brought on board to overhaul and streamline the client’s payroll processes. We worked closely with the Group CFO to design and implement a comprehensive payroll framework tailored to the company’s specific needs. This included coordinating with pension fund and insurance providers to ensure the right coverage across all employees and collaborating with legal and tax advisors to refine employment contracts and optimise the salary structure. Our approach ensured seamless integration of the fixed and variable salary components, while also accommodating contractor payments and employee share plans.
The results
With IQ-EQ’s support, the client now enjoys smooth and efficient payroll operations. They have a trusted, single point of contact in Switzerland for all payroll matters, allowing their leadership team to focus on growing the business rather than managing payroll complexities. Employees also benefit from direct access to IQ-EQ’s dedicated relationship manager, ensuring swift resolution of payroll-related queries. This holistic solution has not only enhanced operational efficiency but also supported the company’s long-term growth ambitions by freeing up valuable internal resources.
