Did you know that 18% of people work full-time remotely? Additionally, over 4.3 million people in the US work remotely, meaning that 3.2% of the whole US workforce is working this way. Also, the percentage of companies that hire full-time remote employees is 16%.
If you’ve been thinking of making your company remote or hiring remote international employees, you might be feeling stressed about how to get the best talent.
After all, it can be difficult to know how to get started with this global, greater talent pool. Fortunately, a global PEO can help.
In this article, we’ll review the advantages of using a global PEO for hiring remote international employees. Finally, you can hire the best employees for your company, making it more successful than ever. Read on to learn more.
You Can Seamlessly Manage Your HR Processes
One of the biggest benefits you get from using a global PEO is that you can seamlessly manage your HR processes. When you have a remote company, there are many potential errors your HR could end up dealing with.
This is because global HR processes include complex payroll calculations, different countries’ legal compliance, and multiple international employees.
However, if you hire a global PEO to manage your global employment needs, they can handle all of these different complex issues and processes.
Cost-Effective Benefits Access
If you want to have satisfied employees, it’s important to provide them with benefits. However, being able to provide employees with cost-effective, comprehensive benefits is a challenge that many companies face. Usually, providing benefits such as these can be overwhelming or costly.
Fortunately, when you work with a global PEO, they can offer your employees many comprehensive and cost-effective benefits.
HR management processes are challenging and time-consuming. Tax regulations and local compliance can change regularly, and when you’re running a global company, having to deal with these issues from country to country can be challenging.
However, when you work with a global PEO, they can manage these issues much more easily.
As a result, you can spend more time focusing on your business’s core functions. This will lead to higher productivity within your business.
Simplify the Process of Hiring Remote International Employees
One of the processes you might have to deal with when you run a global company with a remote team is the process of hiring remote international employees. Whether you’re hiring full-time employees or contractors, this can be challenging.
Why? First of all, when you’re recruiting worldwide, you can end up having a large number of applicants in your applicant pool.
Second, there’s the issue of having to manage compliance internationally.
Third, you have to spend money and time creating ad placements. This can be challenging when hiring internationally, too. After all, you may not know which places are best when it comes to where to advertise your job openings.
A global PEO can manage this process for you. In addition to saving you the time you’d spend hiring remote employees yourself, this will also get you employees who are a better fit for your company.
Simplify the Process of Onboarding Remote Talent
In addition to simplifying the process of hiring remote talent, working with a PEO will simplify the process of onboarding remote talent. They can handle setting up payments, putting employees on staff, and setting them up through other HR onboarding processes.
As a result, when your new employees join your team, they’ll be ready to get started.
Simplify Payroll Management
The process of payroll management is challenging and time-consuming. When you add having international employees into the mix, it becomes even more so. This can make it more likely that payroll management errors would occur.
Those payroll management errors could result in employee dissatisfaction or fines.
Fortunately, when you work with a global PEO, they’ll manage payroll for you. As a result, they can ensure that your international employee payments are accurate and fast.
Additionally, they can provide payment in the preferred currencies of your international employees.
The PEO can also pay according to tax regulations, handle severance and compensation payments, and manage payroll systems administrations.
Secure Company Data
When you hire people to work at your company, your HR management team will often handle sensitive information related to your clients and employees. If this information isn’t managed correctly, it can pose a threat to the safety of your organization or lead to the theft of data.
Fortunately, when you hire a global PEO, they’ll protect this sensitive information with maximum care.
Another advantage you get from working with a global PEO is that they will ensure that you’re compliant with the tax regulations and statutory employment laws of the countries where your employees live. As a result, your company will be following HR compliance rules and regulations.
In addition to experiencing less stress because of the advantages we’ve covered so far, you’ll also benefit from the positive ROI that comes from hiring a global PEO. Even though it’s an investment, it will help your company grow faster and make it more likely it will stay in business.
Looking for a Global PEO?
Now that you’ve learned about the advantages of using a global PEO for hiring remote international employees, you might be interested in hiring one. In this case, you should look no further than Bradford Jacobs.
At Bradford Jacobs, we’re experts when it comes to hiring remote talent. We help you enter global markets with our hiring services.
To learn more about our global PEO services, get more information now.