4 Tips When Deciding to Go Global
Expanding your headcount globally can be incredibly exciting – but it can also be incredibly complex! Even while partnering with an expert like TCWGlobal, it’s important that your organization takes the right first steps to determine if having a global workforce is right for you. Below are 4 tips to help make an informed decision and ensure your team’s experience with a global workforce runs smoothly.
Quick Overview Summary
- Understand the costs and employment nuances of the country.
- Plan for early onboarding.
- Seek guidance with performance concerns or terminations.
- Don’t do it alone!
4 Essential Tips When Deciding to Go Global
1. Understand the costs and employment nuances of the country.
As the benefits of global hiring become more and more apparent, companies are jumping at the chance to hire in different countries. Some of the reasons companies explore global hiring are:
- Access to specialized skill sets
- Increased knowledge and experience in global and local markets
- Potential cost savings
- And much more!
While these benefits are certainly helpful, the risks of global hiring should not be ignored. Employment laws and costs vary from country to country, and it’s important to understand the true requirements and investment needed before you decide to hire workers across the globe. This is especially true if this is your organization’s first time hiring outside of the U.S. or you’re entering a new country.
For example, many organizations are familiar with the requirements to employ workers in the United States, so if you were to hire a worker in certain EMEA locations for the first time, you might be surprised to learn that employers have statutory benefit obligations that aren’t common in the U.S. (i.e., pension, mandatory time off, etc.). That’s not to say that the benefits of employing workers in these locations do not outweigh the costs, but when making the decision to hire internationally, it’s important to be aware of the requirements and factor those into the decision-making process (and budgets).
Interested in learning more? Click this link to learn about employment in countries across the globe!
2. Plan early for onboarding.
In the U.S., you can practically recruit and hire all within the same day, onboarding the worker rapidly (especially when using StaffingNation). International hiring can take a bit longer. Workers and organizations need time to carefully consider the employment contract terms, become familiar with all employment requirements and costs, and work through the logistics of having workers in different locations.
TCWGlobal is here to be a partner in this process, and we encourage you to contact us at hello@tcwglobal.com as soon as you are aware that you’d like to hire internationally. That way, we can provide prompt quotes, onboarding guidance, and more to help the process progress smoothly once a candidate is located. To request an international quote, please submit this form, and we’ll guide you through the next steps!
3. Seek guidance with performance concerns or terminations.
Did you know that the concept of “at-will” employment does not exist outside of the United States? In most countries, the option to end a worker’s engagement or terminate them is dictated by the terms of their employment contract and local employment law. A common requirement known as a “waiting period” says workers need advance notice before their employment can be ended, and there can be additional requirements, too.
The rules to end a worker’s engagement will vary by situation, so before taking that step to terminate a worker – or work through performance concerns – please seek guidance from TCWGlobal by contacting us at hello@tcwglobal.com. Our goal is to be a proactive partner through this process to reduce risk for your organization!
4. Don’t do it alone!
Since 2009, TCWGlobal has worked to make things simple for our clients. We know the struggles that come with managing a global workforce, dealing with employment regulations, and navigating the complexities of international expansion. We welcome you to leverage our expertise while determining if a global workforce is the right move for your organization. If it is, we are here to support those next steps however we can. Contact TCWGlobal to get started – we look forward to partnering with you!
