As ongoing advocates for remote work and global mobility, we see a slew of opportunities and benefits from engaging with international employment in not only our own company but our client’s business’ as well. Hiring internationally gives you access to greater talent, often at a lower cost, and distributes your team, giving you access to multiple markets and time zones. It also has the added benefit of diversifying your team organically.
Remote work offers employees flexibility and autonomy, and opens up the workforce to those who may be excluded from traditional “co-located” work opportunities due to health, family commitments or location.
However, with the rise of these employment opportunities comes a set of new challenges. Negotiating compensation packages is a tricky process for most companies. Throw in international employees and the process grows exponentially more complicated. Instead of managing a single country’s market rate, tax requirements and living costs, you’re juggling multiple.
In this article we unpack the different compensation methods used in the global mobility industry, make true comparisons between markets, and uncover the benefits of each approach for both the company and employee...Read More
Shield GEO makes international employment simple. Our customers use Shield GEO to employ and payroll hundreds of workers in over fifty countries. Find out more.
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