Global hiring playbook: Hire top talent faster

Are you looking to grow in new international markets, but you’re not sure where to start?  

There are a lot of ways to hire workers internationally, and it’s important to know which option will work best for your company. Navigating employment regulations in multiple countries is a major consideration, and this guide will help you understand the requirements and help you evaluate the pros and cons of the different options for hiring globally.  

This global hiring playbook takes a look at the following ways to employ workers internationally:  

Not only do you need to find the right people for your open roles, you need them fast. Opening your search to remote and international markets deepens your talent pool. But it can also overwhelm your talent acquisition teams, particularly if they’re unfamiliar with the labor laws, HR requirements and cultural expectations of a foreign country.

Different countries and governments have various definitions regarding contractors versus employees. But as a general guideline, if an individual exclusively works for one employer for an extended period, they are usually classified as an employee. As a result, the company will be expected to treat them as such. This means you need to implement wages, benefits, and taxes for that employee. 

An employer of record solution hires workers on your behalf through its already-established legal entities in other countries. This third-party entity manages all the legal requirements and payroll, while the business manages the international team on a day-to-day basis.

When it comes to hiring full-time employees, you will need a legal entity to ensure compliance with local employment laws and obligations. This can be complicated especially if you are hiring in multiple countries, because regulations vary significantly between countries and often between provinces and states even within the same country.  

This guide outlines the advantages and disadvantages of each global hiring option to help you make a well-informed decision for your business. Learn more about how we can support your global hiring needs. Or speak to a global solutions advisor about your entity or global hiring needs by contacting us today.