Running a successful business involves increasing efficiencies, reducing costs, and focusing on core competencies. Many US firms opt to hire international workers on a floating basis for their expertise and availability to accomplish the latter. Workers in other countries also benefit from the flexibility that remote work provides and competitive wages and work/life balance. While there are many benefits to hiring foreign workers, the legal process can be challenging. With the growing use of technology facilitating remote work more than ever before, it’s imperative that organizations understand how to properly hire and pay international workers. Step 1 – Begin the interview process Hiring any type of employee takes a significant amount of time, so it’s best to start early. You’ll want to get ahead by scheduling multiple Skype or Zoom interviews. It’s essential to ensure that candidates have the right technology and communication abilities conducive… [Read More]
Foreign Workers: How to Hire On A Contingent Basis
Hiring foreign workers is becoming increasingly popular for US organizations. It allows them to widen their talent pool, gain diverse perspectives, and avoid many of the costs and hassles associated with full-time employees. But what happens when those contingent workers are from another country? If there is a shortage of skilled workers to fulfill a job opening, looking for staff outside of the US may seem tempting; after all, the world is becoming more globalized by the minute. Hiring foreign workers on a contingent basis offers many benefits to businesses. Still, they must understand the process and regulations required by the US Department of Labor before they say, “you’re hired.” Keep reading for our step-by-step guide to hiring contingent workers in other countries. Hiring Foreign Workers: A Step By Step Guide Hiring contingent foreign workers can be a challenge, but this simple step-by-step guide will… [Read More]
Why Offering Contingent Workers Benefits Is Good For Business
If you’re a large organization, you likely took advantage of contingent workers to fill gaps in your operations before COVID. With the explosion of gig workers and the many benefits they provide, it just makes sense to outsource. Why pay a full-time employee a salary with benefits, paid time-off, and retirement savings if you don’t need to? It seems as though the business world is turning to contract workers more than ever before, as 30% of the entire US workforce is comprised of gig workers, and 22% of self-employed professionals have multiple revenue streams. The influx of telecommunications capabilities and decentralization are significant factors in the increase, with COVID only adding heat to the fire. Contingent work arrangements offer a host of benefits to employers as well as employees. Remote gig workers enjoy flexibility in where they live and work at any given time, while… [Read More]
Contingent Workforce Trends In 2021
Though our country’s economic future remains uncertain due to COVID-19, businesses are rising to the occasion pivoting their operations toward a contingent workforce to adapt to every twist and turn that the pandemic has thrown them. For many companies, adapting means securing the right talent at the right time. To do this, firms may choose to engage in co-employment arrangements. Co-employment or contingent employment is where a contract employee works for both a business and a staffing agency concurrently. Co-employment arrangements allow busy companies to provide co-employees’ duties, day-to-day schedules, and expectations. Simultaneously, the staffing agency handles personnel matters such as onboarding, payroll, sick leave, and benefits. Though much remains uncertain as we head forge ahead in 2021, it’s clear that organizations are evolving and adapting to the new “normal.” Here’s what to expect regarding the contingent workforce. The Top Contingent Workforce Trends For… [Read More]