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, a Global Expansion Platform renowned for pioneering the Global Employer of Record model, helps companies expand internationally into more than 150 countries without the hassle of setting up overseas branch offices and subsidiaries. Through our platform, companies can quickly and easily hire employees overseas without having to navigate complex international legal, tax and HR issues. Whether it’s to test a new market or to expand the talent pool globally, Globalization Partners is the most trustworthy global workforce management solution in the market. We take the burden—and risk—of global expansion off our clients’ shoulders and place it onto ours.
If you need help with global expansion, get in touch with us today.