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It offers clean, economical, efficient transportation — buses, trains, ferries, and taxies — to and from its major transportation hubs. Laborcosts. Labor expenses in Hong Kong can add up in your company’s budget. Consider that the cost of living in Hong Kong is relatively high.
Consequently, this rise in laborcosts is often passed onto the consumer via price hikes. So, with a seeming influx of laid-off tech workers globally, how can Germany-based companies tap into this sudden source of available talent? Learn more about hiring internationally with G-P by requesting a proposal today.
The following cost-of-living indices from Numbeo illustrate how much living costs vary by country (relative to New York City’s cost-of-living index of 100): Cost of Living + Rent Index by Country in 2023 2. If you want to build a distributed workforce, consider partnering with a global employer of record (EoR).
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