Chapter 1 - HR Matters
IN THIS LESSON
Why Hire International Talent?
Are you considering tapping into the international talent pool? If you decide to onboard international workers, you will:
Have far more options when looking for a skilled candidate who will be a great cultural add to your team.
Bring new, unique skills, knowledge, and perspectives to your company, which can enhance the way you do business.
Create a competitive advantage for your company thanks to international experience in hiring and doing business.
Broaden your potential client base, too, as you’ll be able to offer coverage for multiple languages and time zones.
Cater to your existing clients in more personalized and localized ways.
Facilitate global expansion with first-hand experience in the host country.
Reduce the overall hiring costs by recruiting talented individuals from countries with a lower cost of living.
However, whether you want to hire one or multiple employees, you might encounter a few challenges.
How much money should you offer your employee?
Is their contract compliant?
What benefits are they entitled to?
Are currency exchange and bank fees too high?
How do you pay your foreign employees anyway?
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