HR and Recruitment in Iceland
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HR & Recruitment in Iceland
When expanding a business to Iceland you'll need to make a few decisions in terms of staffing: decide if you can and want to relocate employees to Iceland, and the processes required to employ foreign nationals.
Employing Foreign Nationals
The fundamental thing to comprehend when it comes to employing indigenous workers is the law. Depending on your location in Iceland, 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. Iceland is a member of the EEA (European Economic Area) so citizens of EU member states are allowed to live and work in Iceland. After three months, any workers will need to apply for residency with the Icelandic Directorate of Immigration
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. In Iceland, employers must notify the Directorate of Labor about the employment of citizens of Estonia, Latvia, Lithuania, Poland, Slovakia, Slovenia, the Czech Republic or Hungary.
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
TopSource Worldwide offers a complete range of employer services that allows you to employ and pay people promptly, consistently and compliantly — locally and internationally to suit your business needs. Our systems and processes are designed to work with your technology, and we bring decades of experience and a track record of success to our operations.
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.