Also in the news...
Paul Beare Wins IR Global Member Of The Year
Paul Beare has been named Member of the Year at this year’s IR Global Conference in Amsterdam.
The Biggest Problem With Running A UK Payroll
We explore the biggest problem with running a UK payroll, together with the required functions of payroll calculations and net salary.
Taking It For Granted: How The UK Government Helps Growing Firms
In the UK, a number of government agencies offer a range of grants to help smaller firms to grow and prosper. The grants are typically designed to support innovation, encourage job creation, and underpin growth. In the last few years, a number of new initiatives have emerged, including grants aimed at boosting green technology and digital transformation.
Start-ups Wasting Over 2 Weeks And £37 Billion A Year On Admin
UK start-ups and microbusinesses are wasting over two working weeks every year on admin tasks, including managing mobile phone contracts, choosing energy providers, and buying insurance – according to new research.
The Costs For International Businesses Employing In The UK
In an ever-globalising business landscape, expanding operations to the United Kingdom can be a strategic move for international companies seeking new opportunities.
Single Regional Professional Employer Organization vs Independent Local PEO Companies
Benefits of international employment and payroll outsourcing are nothing new to small and large companies today. Businesses of all sizes recognize the value of focusing on business development and revenue-generating activities. Why waste valuable human resources on supportive non-revenue generating tasks when third party Professional Employer Organizations offer fully compliant solutions and allow you to focus on the more important task of running and growing your businesses?
However, when a project requires an employment solution in a range of countries you may find that independent local companies are not enough. Even when they are, it will most likely take you long to find them, agree on the terms as well as prepare the agreements with them. Furthermore, providers in emerging markets vary considerably in expertise and consistency levels, let alone the differences in local labor laws. The latter require a deep knowledge of local rules and regulations.
The best solution is to partner with a one-stop regional PEO company that can help you expand your business or your client’s business globally fast and easy with no employment risks.
Below we compare the benefits of cooperation with a single regional employment solutions provider rather than independent localPEO providers.
Acumen International – a Single Regional Employment/ PEO/ Employer of Record Solutions Provider | Independent Local Peo Companies |
1. Immediate coverage in 33 markets/countries | 1. Time consuming task of allocating and verifying local providers in each market/country |
2. Both a single point of contact and a dedicated account manager for your project for ALL countries | 2. Different local providers and account managers |
3. One signed contract for solutions in ALL countries | 3. Numerous contracts for each country |
4. One contract for all in country services (employment, immigration, legal, etc.) | 4. Different contracts for each service (employment, immigration, legal, etc.) with different service providers |
5. A trusted UK legislation that governs the contract | 5. Vague, unfamiliar and dubious legislation that governs numerous contracts in emerging and new markets |
6. A single provider bears full responsibility for your project in different countries | 6. Responsibility for your project is dispensed among numerous local providers |
7. Payments are to be made within the UK or to the UK bank company account | 7. International payments made to different countries |
8. Fully agreed standard procedures and reporting | 8. Different procedures and reporting of different providers |
9. Standard payroll breakdowns for ALL countries | 9. Different payroll breakdowns for each country (if any, as some local providers just give you the coefficient rather than break all numbers) |
10. Upon receipt of your request for any project in any chosen country a payroll breakdown and offer are sent to you within 2 working hours | 10. No time standard for breakdown and offer preparation |
11. Full 100% fee money-back guarantee for salary delays | 11. No money-back guarantees for salary delays |
12. Ready-made employment contract drafts | 12. Employment drafts are made on ad-hoc basis and need time to be prepared |