When your company’s operations span the globe, sending representatives abroad is a necessity if you want to remain competitive. Yet now more than ever, the process of preparing expat employees and helping them get established in foreign jurisdictions is riddled with challenges. In addition to the global pandemic that imposes travel restrictions and causes widespread..
Engaging top talent is not easy under any circumstances, but when the heat is on to fill vacancies ASAP, it is easy to go into crisis mode. Operating under duress often leads to costly mistakes that can snowball down the road, putting your business at risk, harming your reputation and creating unnecessary drama. When faced..
It is a well-known fact that certain US business sectors have more job vacancies than they can fill with domestic talent, forcing companies to cast their recruiting nets farther abroad. But H1B visa abuse by some tech companies has caused the current administration to freeze the H1B, at least through the end of 2020. The..
Nothing is more exciting than growing and expanding your business into new markets, especially when you’re ready to go global. Venturing into new frontiers holds infinite prospects for growth and profits. But no matter how eager you are to join the global business community, there remains the challenge of international hiring and compensating your foreign..
When your company leadership decides to expand into a new country, one of the first things that you’re likely to hear is how important it is for you to start up a new legal entity in that country. Short-term employee trips may be satisfactory for exploratory visits, but for any significant business relationships, a formal..
We are in the midst of a time of significant growth for the global employment services market worldwide. The market is projected to grow by approximately $269.5 billion, powered by a compounded growth of 5.1%. A major factor behind this is the fact that as the economy globalized, companies suddenly had the ability to take..
Technology has dramatically transformed the way we communicate, work, and play, and it is having an enormous impact on how we conduct business. No longer restricted by geography and borders, tech innovations have opened doors for companies to recruit the best talent from anywhere on the globe. However, not all is smooth sailing. International team..
Right now, international travel is at the crossroads regarding the current COVID-19 pandemic. We are starting to see business restrictions lift in some of the areas that were previously most affected by the disease. However, international travel is probably one of the last areas where we’re going to see restrictions in place. Even then, the..
The COVID-19 pandemic is still raging on. And even as we see a few signs of reopening, by and large, the global economy has changed, possibly forever. Many industries may be unable to function as normal until the wide distribution of a vaccine, and the massive job losses are indirectly impacting a lot of industries…
It’s hard to fathom the impact of the COVID-19 pandemic on the global labor market. Entire industries worldwide have ground to a halt due to health concerns, and the globalization that powered the business world has now become an Achilles heel. In essence, many industries across the world depend on human mobility and migration. This..