HR and Recruitment in Cyprus
Cyprus related forum posts
hi can anyone tell me who are the best people to approach for information on starting a business up in cyprus. e.g. solicitor, estate agent. ect. i run a business here but want to start one from scratch in cyprus, in the leisure side of things. thanks charlie
Total Posts: 6 Last post by aladjihassan
Wholesale/Distribution to Private retailers, a question on "culture" of how business is conducted between them
I am looking to distribute my own brand of Womenswear from Spain where I reside to carefully selected Boutiques & Clothing Shops in Cyprus. How is business conducted at a distributor/wholesale level to privately owned retail shops as far as finance & agreements are concerned? I will be visiting Cyprus early next year after making key appointments before my visit and would like information on t
Total Posts: 1 Last post by mistry
HR and Recruitment in Cyprus
When expanding a business to Cyprus you'll need to make a few decisions in terms of staffing: decide if you can and want to relocate existing employees to Cyprus, and the processes required to employ foreign nationals (indigenous to your country of expansion).
Employing Foreign Nationals
The fundamental thing to comprehend when it comes to employing indigenous workers is the law in Cyprus. Depending on your location, the employment of staff can be affected by many extraneous factors, such as longevity of service, social charges, collective agreements, qualification and experience, etc.
In some countries, employing a certain amount of indigenous workers is mandatory. In Cyprus residents and EU members are treated the same way and there are no specific laws to say what percentage of residents must be employed in a company. However if there is not a resident or EU country person suitable or available for a position a company can employ a third country national under certain circumstances. There must be certain visas and work permits accounted for when employing a person from a third country.
Yet again, plucking talent from neighbouring countries may not come without its woes. Make sure you know the legislative restrictions and allowances of such a practice. It is relatively straightforward to employ a national from an EU country in Cyprus.
Perhaps you need someone with talent, experience and reliability. Someone you can trust. Someone with the right understanding of your business to join you overseas. And why not. But you must consider both the cost-effectiveness of such a move, and the laws that preside over it.
Organisations that can assist with HR and Recruitment
Sovereign offers a range of advisory and support services to assist companies of all sizes to establish successful business operations in foreign markets
Simplified Global Payroll Managing payroll in multiple countries is complicated with different systems, deadlines, and languages in each country, lack of reporting, and constantly changing laws and regulations. Trying to manage global payroll via fax and email with excel spreadsheets leads to data security issues, fines, and penalties for non-compliance. Blue Marble has solved global payroll challenges with cloud-based technology, customized aggregated monthly reporting, and a hybrid service model in 150+ countries around the world.
PEO Worldwide is an international PEO offering employer of record, payroll, employee benefits management, HR and compliance services throughout the world.