Benefits vary from country-to-country and from individual-to-individual. So how can a global company adhere to the idiosyncrasies of each country’s laws and customs and still offer “equal” benefits to all employees?
In our latest eBook How to Scale Globally Without Sinking we’ve identified four potential pitfalls for companies hiring abroad, and how to avoid them. In the chapter about Problem 2: Leveling the Field, we explain how there is no way to roll out a single, equal benefits plan for all your international employees and remain competitive and profitable. Instead of attempting to provide equal and identical benefits, the goal should be to offer equitable benefits that result in the same level of impact on employees within the context of their own culture and economy.
Building that equitable international benefit system requires an intimate understanding of the comparative value of benefits around the world – and that’s where we come in.
Globalization Partners’ Global Expansion Platform™ enables you to hire in more than 170 countries within days, and without the need to set up costly international subsidiaries. You identify great talent anywhere in the world, and we put them on our fully compliant global payroll—lifting the burden of global corporate tax, legal and HR matters from your shoulders to ours.
Globalization Partners: we make global expansion fast and easy. Get in touch with us today.