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Protecting Business Reputation When Entering Foreign Markets
Expanding into new international markets presents promising growth opportunities. However, such moves come with challenges, especially when it comes to maintaining and protecting a business’s brand reputation.
Simplifying Global HR Compliance
Your company has decided to expand overseas – so exciting!
But now you are tasked with managing global human resources – hiring and on-boarding new employees, managing payroll and benefits, and ensuring compliance with all local, in-country employment laws. Global HR is challenging for US-based teams to manage because you don’t know what you don’t know – understanding unique regulations in each country is the key to successful HR practices overseas.
Figuring out employment laws and ensuring your hiring practices, employment contracts, and benefits meet statutory requirements is the first step. But managing HR compliance in each country is more than just initial paperwork. Your HR team must stay ahead of new employment regulations, changes to benefits, taxes, or payroll that affects employees in each country, and be aware of policies that could interfere with in-country requirements.
Global HR teams quickly become overwhelmed by the amount of changes that take place around the globe each year related to employment laws – there can be thousands each year! Simplifying global compliance is the best way to manage employees overseas, ensure you are following best-practices and reducing your risk of non-compliance.
Global HR compliance can be simplified by using customized technology for the countries you operate in. You can research labor laws, customize employee agreements and handbooks, and get access to a database of in-country resources for your employees in specific countries. Don’t let global HR compliance stand in your way – Blue Marble and Global People Strategist help companies simplify global payroll and compliance so you can focus on growing your business overseas.Click here to learn more