When hiring an employee in an overseas market I often see companies make the common error of using their local HQ country employment contract template. The reason this is incorrect is that local labor law and customs typically dictate what you should and should not include in an employment contract. Often times your own country’s employment contract template is insufficient. Further in the case …
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If you’re considering expanding your business operations and are eyeing the United States' neighbor to the south you’re following in the footsteps of many major industries and should start researching . Expanding your business into Mexico provides new opportunities in both the consumer market and talent pool. While many regulations are similar to the U.S.' there are some unique aspects to Mexico …
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When employees in the US find an employer that provides supplemental health insurance it’s an incredibly valuable asset. Extra benefits like low premiums vision and dental coverage are not the norm. The added costs sometimes outweigh the benefits for many . Despite the added expense extra coverage may be the best way for your business when entering international markets. Employers that go above …
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As businesses map their growth trajectory in today’s interconnected world many see global expansion as an inevitable and advantageous step. By expanding internationally businesses can leverage economies of scale reduce production costs mitigate risk and enhance brand awareness. Still there’s no one-size-fits-all approach—global expansion is an investment strategy that requires careful planning …
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As with any overseas operation an international umbrella company presents both benefits and risks. In general this type of entity provides payroll and accounting management for independent contractors working on short-term or fixed-term . In the UK umbrella companies have faced scrutiny from Congress which claims that contractors receive no financial advantages from umbrella companies and are …
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Many multinationals believe that to perform work in a country where the company has no locally incorporated subsidiary is the easiest safest option. On the surface it may seem like hiring an independent contractor rather than employee seems like a shortcut around the complexities surrounding payroll and labor compliance but that’s typically not the case. In this article we will delve into the …
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one of the largest economies in Southeast Asia and a key member of the Association of Southeast Asian Nations ASEAN stands out in the region for its vast employment legislation and protectionism in regards to the employee. Don't be fooled by its easy-going people read these guidelines to stay compliant and ensure you understand Thailand employment law. 1. Employment ContractsAll relationships of …
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Global expansion is an international growth strategy where an organization expands domestic operations to new markets overseas. When done correctly it opens up a world of opportunity from accessing a wider talent pool to diversifying revenue streams. In today’s interconnected world international expansion is a viable option for any business. Still going global involves careful planning such as …
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International labor regulations surrounding terminations are constantly changing. It is vital for business managers and HR directors to monitor termination requirements and avoid legal disputes. shows that the average length of an overseas hire has decreased from three years or longer to just 18 months. This significant drop in time suggests that companies should be aware of regulations and …
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If you’re reading this article then it's likely that you understand the relevance of the country of on the international stage. Qatar became famous in recent years for its immense wealth its influence on international issues for better or worse and most recently for being selected as the host country for the 2022 soccer football World Cup. However while you may be familiar with the relevance of …
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