Asia provides unique opportunities for companies seeking global expansion and the Four Asian Tiger countries—Hong Kong Singapore South Korea and Taiwan—are among the most vibrant and growing economies worldwide. Sometimes referred to as the Asian Miracle these Four East Asian economies experienced rapid industrialization high development and increased economic growth rates from the 1960s to the …
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Today’s global business environment allows for more organizations to explore opportunities outside of their borders and look into global expansion. However going global is not as straight-forward as just sending employees to new countries. Businesses that succeed in today’s highly competitive marketplace are those that effectively execute a strategy for deploying an international workforce. As …
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Healthcare is more than just a political topic of discussion – it is a piece of business that can greatly affect a company’s employees. If companies hope to in today’s competitive marketplace then providing a comprehensive benefits program is important in order to maintain job satisfaction with all employees. Companies cannot retain talent on the bare minimum health insurance requirements alone …
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Terminating employees is a part of business no one enjoys and one that should not be handled lightly. While it might seem straightforward giving a termination notice to employees can be a challenge especially when dealing with international team members. Before deciding to terminate global employees it is important for businesses to understand the proper protocol for giving termination notice to …
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In the report the World Bank Group examined several factors to determine markets where the burden of doing business is lowest on entrepreneurs. The report looked into labor regulations and tax requirements as well as ease of accessing electricity receiving credit and resolving insolvency. Of the 190 countries included in the report New Zealand’s company-friendly environment came out on top. For …
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When a company enters a new market it gains access to new customers and revenue streams. However it also has to contend with a new set of competitors. In most circumstances local businesses have a better understanding of the market when compared to those that do not already have a presence in that market. Companies that hope to stay ahead of their international competition during global expansion …
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A report titled Hong Kong Mobile Apps Industry Survey asked 124 mobile app developers located in Hong Kong about their business and employees. A majority of those surveyed identified a serious talent shortage. 33 of the respondents rated the talent shortage in their company as a serious concern while 44 rated it as fair. Those responses combined mean that 77 of Hong Kong app struggle to find …
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Employment law is constantly evolving and companies going global need to understand the different laws present in each country in order to better avoid . Navigating foreign employment laws is a challenge making compliance one of the most common hurdles companies face when going global. One of the most challenges aspects of which is trying to achieve employee contract compliance. The purpose of an …
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What Is Limited Term Employment?Limited term employment is a practice where a person is contracted to work for a . This employment option allows companies to find team members that are looking to fill short-term assignments or onboard expatriates that consistently move from country to country. As with any employment scenario limited term employment comes with its own set of advantages and …
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Global companies that expand into the United Kingdom have a unique opportunity to reach a rich and diverse customer base in a country where the ease of doing business is high. Companies based in the U.K. can reach more than 500 million consumers across Europe alone making it a lucrative launching point for new businesses. But despite the benefits doing business in the U.K. also poses challenges …
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