For many companies, expanding internationally has become less optional and more imperative. But, while expansion can be exhilarating, it can also be fraught with challenges—especially for companies unaccustomed to navigating the legal, regulatory, and cultural terrain of an unfamiliar locale.
That’s why we pioneered the global employer of record model to help companies compliantly expand internationally without establishing subsidiaries. To further understand the challenges U.S. companies face when expanding globally, we partnered with CFO Research to survey senior executives and see how they overcome these barriers.
Here’s a sample of what we found:
- 94% of those surveyed believe a global employer of record (EOR) can do a much better job of overcoming potential barriers to operating in a new country than a company can do in-house
- 51% say legal and HR compliance is the top benefit of working with a global EOR
- 58% said they already use a global EOR, or plan to do so within the next three years
Understand the challenges—and the solutions. Download our report and be the hero of the boardroom.
If you need help with global expansion, get in touch with us today. 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.