Global hiring trends over the past few years completely transformed the world of work. Building international teams has proven to be an effective way to mitigate the effects of uncertainty and fluctuations in the global economy.
With access to more affordable talent pools or talent in regions where their main customer bases are, companies are able to optimize their business operations and expand to new markets. Instead of hiring only locally available candidates and struggling with skill gaps, companies can now hire the right talent, no matter where it’s located.
If you’ve just started exploring the world of international hiring, our guide will help you understand the benefits of global employment, familiarize you with the concept of the employer of record (EOR), lay out the ways to pay employees and independent contractors in different countries compliantly, and more.