Labor law is complicated in every country. Employers have to understand collective bargaining agreements labor protection laws employment contract requirements social security benefits and numerous other legal quagmires. It becomes more difficult when because you’re working with multiple countries each with its own labor protections. Before hiring international team members it's important to have …
Type: Resource (Article)
Businesses looking to grow can do so in several ways They can create a new product or service increase their current market penetration or enter a new market. The last option in particular offers several benefits like access to new customers and increased revenue-earning potential. However to compliantly do business and sell products or services in a new global market you must develop an …
Type: Resource (Article)
In his dissertation William Steingruber reminds us that “Traditional” human resources are . The department waits for smoke and then puts out the fire. As a business grows in complexity reactive processes become increasingly difficult to manage. Multiply this with international business and you have an international human resources problem. Would you rather build a strategic human resources system …
Type: Resource (Article)
Business leaders should always look to the past and to the future. The future holds new initiatives growth hopefully and new work to be done. The past holds the key to understanding how the company has performed. A careful analysis of the past can help entrepreneurs make strategic and tactical decisions for the future of the company. The accounting cycle produces financial statements that provide …
Type: Resource (Article)
Europe represents about 20 of the world’s purchasing power making it a tempting market for anyone who is looking to expand internationally. With a single currency and the free flow of goods and services through the economic unit the European Union is an excellent place to find new customers and revenue. Below we’ve pulled together four important tips for your . 1. Understand Cultural …
Type: Resource (Article)
You’ve spent countless hours researching preparing and planning and it’s finally time to make your first step into a new global market. You’ve found the right workers and all you need to do is get a signed contract. Should be easy right? Well not always. Extending an offer can be more complicated than you might think. Between taxes regulations and worker expectations it takes some work to get an …
Type: Resource (Article)
Accidents can happen in any workplace and when they do the employer is reliable for medical bills and other expenses. Workers' compensation helps protect employees from spending their own money when they are recovering from injuries on the job. Here’s a guide to understanding workers' compensation in Canada. Principles of Workers' Compensation in Canada began after Mr. Justice William Meredith …
Type: Resource (Article)
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