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Then, economic growth can resume and HR departments can return to their strategic plans, including globalhiring. Growth strategies must now include safety protocols, real-time local knowledge, and contingency plans that account for immediate global shutdowns. As a result, businesses’ globalhiring plans need to stay flexible.
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Plus, as globalhiring becomes more competitive, comprehensive compensation is essential for attracting top talent. Below are four reasons global companies should administer competitive compensation and supplemental benefits to their expatriate talent.
By becoming an employee of an umbrella company, workers can forgo the responsibility of handling their own wages and government contributions and can receive benefits like paid leave. To learn more about hiring workers in the top 20 countries for global growth, download our GlobalHiring Handbook.
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When local governments began relaxing social distancing mandates and economies began reopening, employers suddenly scrambled to re-hire workers, only to find that many former employees were less than eager to return to their old roles. . companies offer paid parental leave.
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