Global Workforce Solutions
Hire and Pay Globally
We provide comprehensive services to manage and optimize talent sourcing and a company's workforce across different countries.
Our Global Workforce Solutions include recruitment, staffing, payroll compliance, and human resources management, ensuring that each of our clients can effectively operate and grow in multiple international markets. Essentially, our pure focus is helping companies navigate the complexities of having a global team.
Why H&CO Global Expansion
H&CO empowers people and organizations to achieve their goals through top-tier international professional services. With a network spanning 30 countries and expertise in over a 100, we drive global expansion. Our local knowledge, advanced technology, and strong partnerships ensure clients' smooth and timely success in new markets.
H&CO is dedicated to providing first-class support for global ambitions.
Table of Contents
Recruiting and Staffing
We directly handle our clients' recruiting and staffing needs as we know often the first step to success in a new market is effective recruiting and staffing. We help find our clients the right talent with local expertise, which can lead to faster market penetration and better customer understanding.
Also, having the right talent working with you helps in building a strong organizational culture from the start, improving employee retention, and ensuring compliance with local regulations.
Global Payroll Consideration
When managing a global payroll there are key considerations H&CO always focus on to ensure our clients compliance, efficiency, and employee satisfaction across different countries, such as:
- Compliance with Local Laws: Each country has its own payroll regulations, including tax laws, social security contributions, and labor laws. It's crucial to stay updated on these regulations to avoid legal issues.
- Currency Management: Handling multiple currencies can be complex. Employees typically expect to be paid in their local currency, which requires accurate currency conversion and management.
- Payroll Taxation: Different countries have varying tax codes and requirements. Ensuring accurate tax withholding and reporting is essential to avoid penalties.
- Benefits and Compensation: Benefits such as health insurance, retirement plans, and bonuses can vary widely by country. It's important to tailor these to meet local standards and expectations.
- Payroll Systems Integration: For companies undergoing mergers and acquisitions, integrating different payroll systems can be challenging but also offers opportunities to streamline and improve processes.
- Data Security and Privacy: Protecting employee data is critical, especially when dealing with international transfers. Compliance with data protection regulations like GDPR is necessary.
Human Resources Management
H&CO’s Human Resources Management (HRM) services support in overseeing all aspects of an organization's workforce, including recruitment, training, performance management, and employee relations. The benefits of effective HRM include improved employee satisfaction, increased productivity, better compliance with labor laws, and enhanced organizational culture.
Offshoring HR functions
Offshoring HR functions to H&CO allows you to delegate HR tasks to H&CO in different countries. This can bring several benefits, such as: cost savings, access to expertise, scalability and it also allows companies to focus on core activities and strategic goals.
The most common HR activities that H&CO’s clients request are: Payrroll processing, recruitment, employee benefits administration and HR administration tasks.
Benefits
When operating in different jurisdictions around the world it’s important to understand the differences in mandatory benefits, normal benefits provided and the options beyond this to entice employees. H&CO’s local experts can help you understand the right benefits choices for you and your employees and then adminsiter them on an ongoing basis.
Global Mobility Consulting
H&CO’s Global Mobility services manage the movement of our clientsclients' employees across different countries to generate a smooth transition for employees and their families, enabling them to be productive and comfortable in their new environment.
H&CO’s Global Mobility Consulting can provide the expert advice and solutions you need to manage the relocation and movement of employees across international borders. This includes strategic planning, compliance with immigration laws, tax planning, and cultural training.
Immigration Support
When you are looking at the global expansion of your company, you may need to transfer some of your current employees to the country in which your company is starting operations so you can guarantee the correct start of operations.
Our immigration support includes a range of services designed to help with legal, administrative, and personal aspects of immigration.
Visa Services
Obtaining a visa is often the most vital step in a move. H&CO’s visa services help individuals and organizations navigate the process of obtaining visas for travel, work, study, or immigration.
By utilizing H&CO’s visa services you can have expert guidance to avoid common mistakes and ensure a successful application. Our expert teams assistance will help save time and enable your team to be sure that the visa application is complying with all the latest regulations and requirements to ensure compliance.
Expat Payroll Management
Expat Payroll Management can often be complex to calculate as it involves handling the payroll processes for employees working outside their home country, to ensure that expat employees are paid accurately and on time, while also adhering to the legal and tax requirements of both the home and host countries. H&CO can help make sure this is a smooth experience for the expats and your business.
Employer of Record
For many companies testing a market for growth or back office support means hiring employees. Alternatively, you may have just found that the best talent sits in a country where you don’t have a setup. H&CO’s Employer of Record (EOR) services are here to help you enter a country quickly and compliantly putting together a seemless plan for you to recruit and hire your first employees
We handle the details of setting up and operating local employment regulations, payroll, benefits, and compliance while you focus on your business objectives. In addition if and when you are ready for an entity we can seemlessly help you transition.
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Income tax planning
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High Net Worth Individual Accounting Services
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Income Tax Preparation Services
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International Tax Planning and International Tax Preparation
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Estate Tax Planning and Compliance
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Gift Tax Planning and Compliance
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Charitable Tax Planning and Compliance
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Family Office Tax Services
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Real Estate Tax Planning and Real Estate Tax Preparation
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IRS Tax Audit Representation Services
We're the complete tax service solution
Our Individual Tax Services:
We offer comprehensive taxation services that go beyond basic tax preparation and filing your taxes online. Our experienced tax professionals provide full service and comprehensive services from income planning, tax preparation, to IRS representation, and ensure the accuracy of your federal and state income tax returns. Trust H&CO for reliable and guaranteed tax assistance.
Common Tax Questions
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What should I consider when expanding globally?
There is a lot to consider, but H&CO is here to make what can seem complex very simple.
The key consideration is aligning your business goals with the markets you are looking to enter and a strategic plan in place that helps you achieve those goals. Once you’ve chosen your route to global expansion you should consider ensuring you are operating effectively and compliantly in those markets so you achieve your goals.
Are you looking for international growth? Our team can help you determine the best markets to enter to grow your business
Are you looking for to save costs by outsourcing to another country? Our team has the expertise to help here.
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What country should I choose to expand into?
When expanding globally it is important to consider the main reasons for your expansion and then determining which market and country will help you best to achieve your goals. For example If your expanding to grow your revenue then a market analysis can be done to see where you’d have the most success selling your goods or services.
Alternatively if you are looking to lower costs there are key markets for this as well dependant on your needs as well as areas like language skills and cultural fits when looking at staff.
Get in touch with our team to help walk you through the best countries for your business to expand.
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What is the cost of expanding my business globally?
Costs for expanding globally can vary greatly between countries, strategies and the size of the business growth. Contact our team and we can quickly provide you detailed costs based on your business needs.
If you are looking to hire one employee in one country the costs may be significantly less than in your home country. However if you are looking to enter into multiple countries you need to not only consider the cost of your local providers in each country but also for your central team to manage what could be many providers.
H&CO can streamline all of this for you so that you have one key provider allowing you to control your cost structure when operating globally.
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How much time would it take me to establish an entity in a new country?
The time to establish in a new country can vary from days to months depending on the country. In addition when you are setting up to operate and employee people in a new country it’s important to not just consider the time of incorporating but also how long it takes to register with local authorities and set up bank accounts.
Our team of experts can provide you with exact timings and plans to get you up and operating quickly no matter the country.
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What are the operational risks of expanding globally?
Global Expansion is a great opportunity but ensuring that your operations are run correctly outside your home country is the major risk to consider in order to maximize your investment.
Non compliance with local regulations or not meeting payroll for your employees can mean that your global expansion goals suffer (or fail completely), but they will also take up significant time from your management teams back at headquarters.
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Is it better to use a local or global provider when expanding internationally?
This is a major question companies face. Often local providers can seem more cost effective but in order to maximize that cost effectiveness you must have internal teams that can manage multiple local providers and be able to speak their language to ensure a smooth and compliant operation. Also, it is key any local provider understands international companies as the management of operations for these companies is different.
Global providers, llike H&CO, can give you one firm to manage all your global compliance and when like H&CO they also have expertise on the ground you get the best local knowledge combined with global effeciencies.
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How can I manage a global workforce?
Managing a workforce across multiple countries can be a challenge. By utlizing a global provider, like H&CO, who has local expertise in HR, Payroll, and EOR services you can ensure you have a solution that keeps your employees paid on time and compliant while your Group HR team has their knowledge suplemented by global experts. -
What is EOR?
EOR stands for Employer of Record and is when a third party organization employes a person (or multiple people) on behalf of another organization. This is often used internationally as a way to employ staff when the company wishing to hire an employee doesn’t have a local entity. The service normally includes directly employing the person to a local entity and handling payroll, taxes, benefits, and compliance.
Need personalized consultation for global expansion services?
We have extensive experience in creating tailored strategies and structures to meet your unique business needs worldwide.