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To address these challenges, enterprises are increasingly relying on service providers for flexible HR operations and digital transformation. This has led to a seven percent growth in HR outsourcing adoption between June 2020 and June 2021. Platform adoption continues to be a key component in HR outsourcing deals.
Over the past 18 months, the majority of global businesses had to adjust their working models to keep up in the era of remote work. With the popularization of collaborative technology solutions, flexible working has become more widely embraced. Global mobility has enabled this to some degree and will no doubt continue to do so.
Global business leaders increasingly leverage International PEO as a proven, streamlined globalhiring option. NelsonHall’s recent report discusses the growing need for International PEO services and expects the global Employer of Record services market to grow by approximately 28.4% billion by 2024. billion by 2024.
Flexibility in Scaling Teams: Whether there’s a sudden influx of projects or a temporary surge in workload, staff leasing provides the flexibility to scale teams up or down based on immediate needs, without long-term commitments. Managed services offer a turnkey solution for businesses looking to outsource specific functions.
Global business leaders increasingly leverage International PEO as a proven, streamlined globalhiring option. NelsonHall’s recent report discusses the growing need for International PEO services and expects the global Employer of Record services market to grow by approximately 28.4% billion by 2024. billion by 2024.
Start Searching for the Right Recruits First, decide if you should use internal personnel to recruit foreign talent or outsource recruitment to a local partner. Employers usually hire remote, global talent in one of three ways: establishing a legal entity, engaging contractors, or partnering with an employer of record (EOR).
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