Globig had the chance to talk with Nick Stanton, the SVP of Global Employment Outsourcing (GEO) at Safeguard World International to discuss 2017 Trends in Internationalization and how to hire locally without creating a business entity, a part of our lean global expansion series.
The GEO service allows companies to accelerate their global expansion initiatives into 150 different countries, making it much faster and less costly, and it lowers the risks of hiring locally because you don’t have to establish a local business entity first. As the employer of record, companies such as SafeGuard World International legally employ a company’s workforce through a local established entity. They handle all of the HR and payroll while placing the team on assignment back to you.
In this podcast we discuss:
* What are the benefits of using a global employer of record?
* How does it work and how quickly can a company hire their first employee?
* How offer letters are used internationally
* Risks associated with hiring contractors
* Exit strategy, what if things don’t work out when hiring abroad?
Resources:
Safeguardworld International Knowledge Center