On previous Globig podcasts we’ve talked with experts about what a great option a global PEO (professional employers organization or employer of record) is for entering to test new markets fast and easy since you don’t have to set up a business entity. This podcast, however, is about the next steps for a company that is committed to a market, is setting up their entity, and when a PEO is probably no longer the right choice. It’s not an easy decision to make since they’ll most likely have to terminate the employee from the PEO firm and rehire them to their own international business entity. This triggers all sorts of termination requirements in foreign countries, as you can imagine.
Learn more about what to do when a company has outgrown their global PEO.
Our guest expert Ragu Bhargava. Mr. Bhargava is an award-winning and experienced financial executive, entrepreneur, and leader, helping clients successfully navigate some of the world’s trickiest business environments. In 1999, Mr. Bvarga Co-Founded Global Upside Corporation, a conglomerate that specialized in international business. Global Upside Corporation and its four brands operated in 170+ countries with Ragu as CEO until it was sold in January 2022.
Some of the key topics we discuss are:
- What are some symptoms or characteristics that a company has outgrown their PEO?
- What are the tipping points for when a PEO is no longer a good choice?
- What is the natural next step after working with a PEO?
- What are some things to be prepared for managing employees in a foreign market?
- How should a company set up their PEO contracts in advance so they don’t run into trouble when they’re ready to manage their own team instead of through a global PEO? This sage advice can save you a lot of headaches and costs as you grow.
Listen to the Globig podcast.
