Asia is home to some of the world’s top locations for . The Economic Intelligence Unit EIU ranks Asia third among the best places in the world to do business in 2023 and its economic growth is expected to in 2023. Below we’ve compiled a list of the top Asian economies for global expansion based on the 2022 and which examine the global business environment of particular markets based on factors …
Type: Resource (Article)
Today businesses offer remote work options to employees and build as unique opportunities for global growth and improved company productivity. By building a remote workforce and learning how to manage remote teams organizations can source from a larger talent pool improve employee well-being and reduce churn. Additionally talent today desires a greater work-life balance making the opportunity to …
Type: Resource (Article)
1099 contractors are freelancers who work independently instead of for an employer. While the work that a contractor completes can be similar to the work of a formal employee the laws distinguishing these two workers are important for employers to understand. Many companies look to hire contractors for short-term projects. While some working scenarios suit independent contractor work contractor …
Type: Resource (Article)
Remote work is the new standard around the world. Some companies transitioned to remote offices as a result of safety precautions due to COVID-19. Other as an attractive benefit for employees wanting more flexibility. Either way remote work is gaining popularity and in the United States alone the number of remote employees increased by .While remote work has many benefits it brings a unique set …
Type: Resource (Article)
Business leaders across the globe continue to guide their organizations through the financial rollercoaster brought on by the COVID-19 pandemic. Due to worldwide government shutdowns a pause in international business and global supply chains struck a hard blow to globalization.Foreign direct investment is projected to decline between 30-40 in 2020 through 2021. This expected decrease almost …
Type: Resource (Article)
Health insurance is one of the most critical benefits employers can offer their employees. While healthcare requirements and schemes vary around the world many countries’ healthcare systems serve as a model for global employers seeking to attract and retain international talent. The following list ranks the top eight countries for healthcare worldwide based on the comparison of several …
Type: Resource (Article)
Before expanding your business into new territories you must consider how your business will maintain compliance in your target markets. The first step to compliance is establishing a legal presence in your new market. There are many ways to do this such as setting up an entity hiring foreign contractors or utilizing other global hiring solutions.As your company begins to research the different …
Type: Resource (Article)
HR leaders know that employee benefits are critical in attracting and retaining top talent. In fact many employees consider benefits such as paid time off parental leave and flexible work over salary as top priorities when choosing where to work. While many companies in the United States offer competitive employee benefits packages top U.S. HR leaders optimize their offerings by emulating peers …
Type: Resource (Article)
No two international markets are the same. That's why there is no one-size-fits-all approach to global expansion—even for the world's most prominent companies.From accounting for cultural differences and foreign regulations to understanding a country's technological and workforce realities companies need to take a market-specific approach to international growth.In this post we review how three …
Type: Resource (Article)
Sourcing global talent allows companies to find the right employee for their specific needs. However managing talent worldwide is challenging—especially regarding payroll. Companies must navigate obstacles such as paying talent in different currencies to protect sensitive employee data and adhering to evolving compliance requirements. To maximize rewards and minimize risks when hiring …
Type: Resource (Article)